The first eco-friendly technology for greasy mixed plastics recycling

Project Information

EGREMPLARE

Grant agreement ID: 816636

DOI

10.3030/816636

Project closed

EC signature date 23 April 2018

Start date 1 May 2018

End date 31 August 2018

Funded under

• INDUSTRIAL LEADERSHIP - Innovation In SMEs

Total cost

€ 71 429,00

EU contribution

€ 50 000,00

Coordinated by

TUSTI
Netherlands

Periodic Reporting for period 1 - EGREMPLARE (The first eco-friendly technology for greasy mixed plastics recycling)

Reporting period: 2018-05-01 to 2018-08-31

Summary of the context and overall objectives of the project

EGREMPLARE is an eco-friendly high-tech recycling process for greasy mixed plastics. Thanks to its patented cleaning processes, which takes place at room temperature, the energy consumed in the recycling process is reduced by 60%. Moreover, the process uses a bio-based material neither harmful to the environment nor toxic to human health. Thanks to this innovative approach we will obtain high-grade resins for packaging manufacturing and civil & construction engineering. Overall objectives of the Feasibility Study have been 1) to update the market strategy, financial forecast and risk assessment 2) to define the initial key specifications of the products, the investment plan and plan the in-filed pilot tests and scale-up production and 3) to analyse activities needed to ensure the company freedom to operate, potential patents and trademarks.

Work performed from the beginning of the project to the end of the period covered by the report and main results achieved so far

The main conclusions of the Feasibility Study are:
1. Potential market share calculated is 5,45% considering a calculated production of 38.400 t/year and 705.000 tonnes of PE, PP and PET destined to plastic conversion in Europe.
2. Our market strategy will be based on ensuring a stable availability and quality of the raw material and manufacturing of high added value brands PE Egrem®, PP Egrem®, PET Egrem® and P Egrem ®. Our strategy for plants construction will consist in a total capacity of 48.000 t/year of mixed plastics divided in 4 plants.
3. Phase 2 will consist in 5 work packages to be carried out in 2 years with a calculated project budget of 2.408.063€.
4. We identified and contacted nineteen stakeholders of EGREMPLARE value chain needed to accomplish the project development during Phase 2.
5. We will do an update of a patent search in Phase 2 but the conclusion of a first freedom to operate analysis done shows that there are no public patents which affect the freedom to operate.

Progress beyond the state of the art and expected potential impact (including the socio-economic impact and the wider societal implications of the project so far)

Financial forecast indicates that investment will be recovered in the first year of operation and ROI is 5,7 with a cumulated EBIT for the fifth year of 33.260.289€. This investment plan will imply 42 jobs created. EGREMPLARE will contribute to decrease plastics incinerated or landfilled (48.000 t/year), will save up to 60% energy consumption compare to conventional hot wash processes, will allow waste companies to reduce more than 25% of their costs for mixed plastics treatment, will allow plastic converters to buy high quality recycled polymers with a competitive price and will help customers to comply with Circular Economy regulations.

Logo of the company