Objective
More than 25 million tonnes of plastic waste are produced every year in the EU28 (50 kg per EU citizen). Although the rates of plastic waste recovery have increased (26% mechanical recycling; 35.6% energy recovery), 38.4% of this waste is still landfilled (9.6 million tonnes). This goes against the EU Waste Framework Directive 2008/98/EC as it has a high environmental impact (0.105kg CO2/kg plastic waste landfilled; production of one million tonnes of CO2) and wastage of resources (€590/tonne of recycled plastic ; losses of €5,664 M).
INTERVAL, S.A. is a family-owned business created in 1982 specialised the recycling and transformation of plastics. We employ 22 people and have an annual turnover of €3,240,066. We produce more than 7,000 tonnes of plastic products per year using the most advanced technology in our production processes.Through ReDurComp, we aim to launch innovative, low-cost products onto the EU market based on premium recycled PE. We will start by introducing two products for which a clear market need has been identified (i.e. plastic sacks for household waste collection and plastic covers for pallets). As a whole, sales of about €48.3 million are forecast within a five-year period, generating profits of over €4.8 million.
During phase 1, a feasibility study including a business plan will be developed in line with the overall internationalisaton and growth plan of our company. This study will include: (1) a market assessment to confirm INTERVAL’s products acceptance in the two segments considered; (2) a technical assessment to validate our recycled PE material according to relevant EU standards and procedures, as well as final testing; (3) a stakeholder assessment to identify the key players and activities for the second and third phases of the project; (4) a complete Business Plan including a cost analysis of raw materials and production activities, marketing and sales strategies, target market, investment requirements, and sales partners.
Fields of science (EuroSciVoc)
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
CORDIS classifies projects with EuroSciVoc, a multilingual taxonomy of fields of science, through a semi-automatic process based on NLP techniques. See: The European Science Vocabulary.
- engineering and technology environmental engineering waste management waste treatment processes recycling
- social sciences economics and business economics microeconomics
- engineering and technology environmental engineering energy and fuels fossil energy petroleum
- social sciences economics and business economics sustainable economy
- engineering and technology materials engineering ceramics
You need to log in or register to use this function
We are sorry... an unexpected error occurred during execution.
You need to be authenticated. Your session might have expired.
Thank you for your feedback. You will soon receive an email to confirm the submission. If you have selected to be notified about the reporting status, you will also be contacted when the reporting status will change.
Programme(s)
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
Multi-annual funding programmes that define the EU’s priorities for research and innovation.
-
H2020-EU.3.5. - SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials
MAIN PROGRAMME
See all projects funded under this programme -
H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
See all projects funded under this programme
Topic(s)
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.
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.
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.
SME-1 - SME instrument phase 1
See all projects funded under this funding scheme
Call for proposal
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.
(opens in new window) H2020-SMEInst-2014-2015
See all projects funded under this callCoordinator
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.
46970 ALACUAS VALENCIA
Spain
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.
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.