Project description DEENESFRITPL New materials to substitute plastics and wood panels for the EU industry The EU industry faces a revolution against plastic and all its derivatives in countless products, including formaldehyde in panels substituting wood. To tackle the problem, the European industry needs more competitive sustainable production of plastic substitutes. EU-funded FELTWOOD presents a patented technology that allows for the production of industrial materials from vegetal waste. Feltwood materials are 100 % vegetal fibres, biodegradable, recyclable and compostable (closing the circular economy loop). Without using plastic, adhesives or binders of any kind. Feltwood materials can be used in many different applications like fruit and vegetable trays and packaging, disposable cutlery, toys, insulation for construction, anti-impact packaging and wood substitute panels for the furniture industry. Show the project objective Hide the project objective Objective EU furniture industry is facing enormous competition from countries having low production costs. China is now the largest furniture exporter to the EU, accounting already for over half of total furniture imports to the EU and growing rapidly.To avoid this, and keep added value, turnover, earnings and employment in Europe, production costs must be more competitive to continue producing high-quality furniture at competitive prices. Access to sourced raw materials, the cost and complications of harvesting wood in the EU affect all segments of the value chain of the furniture sector. Fluctuations in raw material prices and problems relating to availability of products respecting environmental, sustainability and technical standards and regulations are factors upstream the value chain that negatively impact furniture production.An innovative ecological materials and industrial company, Feltwood Ecomateriales, S.L. has developed the world´s first production technology able to get 100% vegetal fibre industrial raw material from agricultural organic waste and use it to produce panels for furniture industry. This novel material is a real alternative for wood-based panels used by furniture manufacturers nowadays. It is cheaper than wood, not subject to EU wood related directives and does not use any adhesive like wood-based panels.Feltwood´s initial commercialisation plan is based on four pillars: product, price, promotion and target countries (Spain, Portugal, France, Germany and Italy). The amount of European furniture companies belonging to our target markets are 67,000 Italian, 14,000 Spanish, 52,000 German, 38,000 French and 2,072 Portuguese. This planning will be executed in collaboration with our key-stakeholders, knowing that Feltwood has protected it through an industrial patent proposal(nº. IRTA_R-12-00-01). Fields of science social sciencessociologygovernancetaxationsocial scienceseconomics and businessbusiness and managementemploymentsocial sciencessociologyglobalizationagricultural sciencesagricultural biotechnologybiomassagricultural sciencesagriculture, forestry, and fisheriesforestry Programme(s) H2020-EU.2.3. - INDUSTRIAL LEADERSHIP - Innovation In SMEs Main Programme H2020-EU.3. - PRIORITY 'Societal challenges H2020-EU.2.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies Topic(s) EIC-SMEInst-2018-2020 - SME instrument Call for proposal H2020-EIC-SMEInst-2018-2020 See other projects for this call Sub call H2020-SMEInst-2018-2020-1 Funding Scheme SME-1 - SME instrument phase 1 Coordinator FELTWOOD ECOMATERIALES SOCIEDAD LIMITADA Net EU contribution € 50 000,00 Address CALLE MARIA DE LUNA 11 50018 ZARAGOZA Spain See on map 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 Contact the organisation Opens in new window Participation in EU R&I programmes Opens in new window HORIZON collaboration network Opens in new window Total cost € 71 429,00