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The development of a full scale plant for the production of sustainable medium chain fatty acids

Project description

Turning waste into resources

The chemical industry faces a pressing challenge: how to achieve a sustainable circular economy while meeting the EU’s ambitious environmental goals. Organic waste from municipalities, supermarkets, and food producers is often underutilised, contributing to environmental burdens. Meanwhile, industries in agriculture and manufacturing seek eco-friendly raw materials. A scalable, circular solution is urgently needed. In this context, the EIC-funded CircularChain project is developing a process that transforms organic residues into valuable medium-chain fatty acids (MCFA) used in animal feed, herbicides, and detergents. The process ensures waste streams become resources, creating a truly circular value chain. With EIC support, the project aims to construct a full-scale plant, revolutionising sustainability in the chemical industry.

Objective

To meet the value-chain-wide need for a viable circular economic model that facilitates the achievement of the EUs sustainability
goals, ChainCraft has developed an economically-viable process that converts organic residues into valuable biobased medium
chain fatty acids (MCFA) for the agrifood and material industries. Our unique and patented solution is based on a three-step
process using open culture fermentation and downstream processing to create mixed MCFA and their downstream fractionated
pure products. We take organic residues from municipalities, supermarkets and food production industries and convert them into
MCFA. These MCFA are supplied to industries producing a.o. animal feed, food, herbicides, plasticizers, and detergents. In return,
some of these companies supply industries of which their waste stream will again be used as feedstock in our process, making it
truly circular.

Our next target in making the chemical industry more sustainable, is the construction of a full scale plant using our circular technology. The first milestone in achieving this target is the final investment decision (FID). To reach this milestone we need the are several major steps with significant challenges we need to make: a contract for feedstock and location; validate our product with our potential customers; arrange agreements with these customers; and then design our plant based on this acquired knowledge. As these steps involve significant risk the support of EIC is key in achieving our target and will help us making the necessary steps to execute our sustainable plan.

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Programme(s)

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Topic(s)

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Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

HORIZON-EIC-ACC-BF - HORIZON EIC Accelerator Blended Finance

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Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

(opens in new window) HORIZON-EIC-2023-ACCELERATOR-01

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Coordinator

CHAINCRAFT BV
Net EU contribution

Net EU financial contribution. The sum of money that the participant receives, deducted by the EU contribution to its linked third party. It considers the distribution of the EU financial contribution between direct beneficiaries of the project and other types of participants, like third-party participants.

€ 2 499 999,00
Address
BASISWEG 68
1043 AP Amsterdam
Netherlands

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SME

The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.

Yes
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

€ 3 681 502,50
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