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Innovative Technique for Large-Scale Production of NANO COATINGS to Reach Global Market of Synthetic Diamond

Objective

The world’s synthetic diamond market production reached 4.42 billion carats (> 800 million €) in 2015 compared with 60 million carats of natural industrial diamond. Transparency Market Research also reports that it is expected to experience a growth of nearly 100% in the next eight years, reaching 26.9 billion € by 20233. However, to reach this estimations there is a need to face the challenges existing today to commercialise synthetic diamonds.
In this context NanoCoatings a technological Company supported from 2014 by the Spanish Ministry of Science and Innovation is working to industrialise an innovative and environmental-friendly technology, L-CVD (Patent Appl. EP 16382414.7) solution which enables the high speed (80µ/h), cheap and large-scale production of synthetic diamond in the world . Our present objective is to go from a small-scale prototype (1,99Cts/day) to 6,57Cts/day in 2019, a required step to ensure industrialisation and standardisation of the large scale production. The work plan proposed by NC will accelerate the innovation process by up-scaling a single reactor and adapting an optimized automation of the process (one rector and 4 reactors working continuously with 26,28Cts/day). This technological upgrades are crucial to meet expected retail prices and to ensure to European manufactures a large stock of synthetic diamond in Europe.
Besides, NC will work in the market implementation, and will perform tests for the demonstration of the produced synthetic diamond in products of the coatings, electronics and jewellery. By 2023, expects an accumulated turnover of 3.7 million € that will allow a payback period of 4.4 years and a Return of Investment of 55%.

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Keywords

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Programme(s)

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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.

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.

SME-2 - SME instrument phase 2

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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) H2020-SMEInst-2016-2017

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Coordinator

NANO COATINGS SOCIEDAD LIMITADA
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.

€ 1 617 378,00
Address
CALLE MARIA DE LUNA, NUM. 11 NAVE 16
50018 Zaragoza
Spain

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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
Region
Noreste Aragón Zaragoza
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
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.

€ 2 310 541,00
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