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Smart monitoring solution for better procurement and supply chain management - Speeding up chemical industry digitalization

Project description

Optimising logistics in the chemicals sector

Safe and reliable logistics systems linking manufacturing and consumption sites (usually separated) are the most important aspects of the chemical industry. Managing the supply chain is a major challenge. The EU-funded TankSensor project is developing an Internet of things nano sensor and software solution for fill-level monitoring of industrial tanks. It’s a non-invasive, easy to install, plug and play device that can work for liquids, solids, gases and dangerous chemicals. Targeting industrial sites, chemical suppliers and container manufacturers, the project is using its proprietary strain nano sensor to continuously monitor the fill level of any container. It has been validated in tests with industrial chemical suppliers and has generated their strong interest. The project will now provide necessary resources to extend the action plan to more networks and businesses.

Objective

The global chemical industry is witnessing rapid changes in demand and leveraging digitalization to improve its operational efficiency has now become a vital need for the industry. Logistics is a key aspect of the chemical industry as production and consumption locations are mostly separated. Managing the supply chain has always been a major problem for the chemical industry. Companies work on tight margins and need constant monitoring of fill-level to ensure on-time product delivery and safety. The optimization of the logistics is the key factor which could differentiate one company from the other. However,chemical companies are stuck with the archaic fill level tank monitoring that blocks supply chain optimization and automation.
To overcome the specific challenges, Nanolike created TankSensor,an IoT nanosensor and software solution for fill-level monitoring of industrial tanks. It creates network of the connected smart tanks, providing fill level and geolocation information remotely and in real time, enabling to plan, manage and optimise the supply chain. TankSensor is a non-invasive, easy to install Plug and Play device. It works for liquids,solids, gases and dangerous chemicals. It enables total visibility & control of chemicals fill levels improving stock management and eliminating risk of unexpected running out of stock.
Our key customers are industrial sites, chemical suppliers and container manufacturers. The TankSensor uses our breakthrough, proprietary strain nanosensor to continuously monitor the fill-level of any container. It has been validated in tests with industrial chemical suppliers and has generated their strong interest. The project is well aligned with what we have done so far on nanosensor market, providing opportunity to scale-up our sales by reaching new market segments and increasing production volumes. The support from the EC will give us necessary resources to deploy the action plan and additional networking and business opportunities

Call for proposal

H2020-EIC-SMEInst-2018-2020

See other projects for this call

Sub call

H2020-EIC-SMEInst-2018-2020-3

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Coordinator

NANOLIKE
Net EU contribution
€ 1 777 301,75
Address
436 rue pierre et marie curie
31670 Labege
France

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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
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Links
Other funding
€ 761 700,75