Periodic Reporting for period 1 - HORTAPPET (RECOVERY OF DISCHARGED FRACTIONS OF PET RECYCLING PROCESS)
Periodo di rendicontazione: 2016-08-01 al 2016-11-30
We also carried out a commercial Plan and a Freedom to Operate Analysis. In the former we developed a detailed market analysis, verifying that our target market (the EU market for horticultural containers) shows potential for growth- it is expected to reach €300 million in 2020. This and the Circular Economy directives of EC are expected to favour the deployment of HORTAPPET, for which we prepared a detailed exploitation and dissemination strategy. Moreover, our FOA guaranteed that HORTAPPET is freely exploitable.
Finally, we prepared a financial plan, in which we reviewed all established production costs, pricings and forecasts: HORTAPPET will enable us to achieve revenues of €5.56 million by 2024.