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A new patented technology to turn currently non-recyclable waste into recyclable composite products for a truly circular economy

Project description

Breathing new life into non-recyclable mixed plastics

Every year, Europeans generate 25 million tonnes of plastic waste, but less than 30 % is collected for recycling. Too often, the way plastics are currently produced, used and discarded fail to capture the economic benefits of a more circular approach. New recycling technologies are required to help the European Union transition towards a more circular economy. The EU-funded REMAT project is developing patented technology to transform non-recyclable mixed plastic waste streams and other non-recycle materials into composite products. At a pilot facility launched in January 2019, the project has started closing the loop by turning mixed plastic waste – unwanted by the recycling industry – into materials that can be used to manufacture new plastic products.

Objective

WIMAO is flipping the “take, make and dispose of” model on its head and helping EU member states meet ambitious targets to recycle up to 75% of waste by 2023. In the past 3 years, the team at WIMAO has put our careers in recycling to use by developing REMAT: a patented technology to turn non-recyclable mixed plastic waste streams and other non-recycled materials into composite products. Our products have the full consistency and the same physical properties as composites produced with virgin raw materials. Beyond that, the end products we manufacture are recyclable at the end of their life cycle creating an infinite loop.
We have set up a pilot REMAT facility that started production in January 2019. We are turning mixed plastic waste that is not wanted by the plastic recycling industry and wood waste into, composite products.
The total available raw material (waste streams) for our products is calculated in billions of tons, giving us a nearly unlimited growth potential. If the capacity of our REMAT plants were to match this potential supply, we could ideally replace all composite products on the market with our recycled composite raw material.
WIMAO is uniquely positioned to create a new standard operating mode for the recycling industry. Our breakthrough has been creating high-value materials from many mixed inputs, effectively surmounting the key barrier for recycling: the need to separate waste streams. We have the only technology versatile enough to handle the volumes of waste that Material Recovery Facilities (MRF) collect, exactly as they receive it. Our technology is a radically new opportunity to push Europe towards its circular economy

Fields of science (EuroSciVoc)

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Programme(s)

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Topic(s)

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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-1 - SME instrument phase 1

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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-EIC-SMEInst-2018-2020

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Coordinator

WIMAO OY
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.

€ 50 000,00
Address
HULKONMAENTIE 130
54190 KONNUNSUO
Finland

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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
Manner-Suomi Etelä-Suomi Etelä-Karjala
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.

€ 71 429,00
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