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Integrating Punching and Laser Coil Technology for Metal Manufacturing Industry

Objective

PRODUTECH S.r.l. is an Italian company specialized in metal sheet working machines, which counts on more than 20 years' experience in innovative machines production. With continuous innovation efforts, PRODUTECH is a notable actor on the global market with 166 customers in Europe and 22 customers outside the EU (India, North America and Far East), thanks to a worldwide distribution network. EffiCOIL represents a key business opportunity following the successful Phase 1 execution of the SME Instrument.Industrial activities are responsible for more than one fourth of the total energy consumption in Europe. In particular, the metallurgical industry is responsible for about 20% of such energy expenditure, summing up to about 51Mtoe per year. In this context, metal forming machines are used in a wide range of discrete production areas, including white goods, steel furniture, lighting and electrical equipment, automotive, etc. However, at moment, no solutions are available in the market offering a complete integration of the metal forming process, including electric punching, fibre laser cutting and direct coil feeding. With EffiCOIL project, PRODUTECH will get ready for the market launch of a new machine for metal coil working, combining the flexibility of coil metal punching – process already patented by PRODUTECH - with the precision and speed of the coil fibre laser cutting - first brought to market by PRODUTECH. The integrated technology will result in a 52% reduction in energy consumption for metal sheet production, as well as 20-30% reduction in wasted metal sheet, with a decrease in Capex and Opex versus standard metal processing machinery. The expected profitability will be high (TIR~23%). For PRODUTECH, EffiCOIL market launch will allow an optimization of the business structure, increase market area and volume, as well as the brand consolidation.
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Coordinator

PRODUTECH SRL

Address

Via Tonale 15
24061 Albano Sant'Alessandro (Bg)

Italy

Activity type

Private for-profit entities (excluding Higher or Secondary Education Establishments)

EU Contribution

€ 1 202 372,50

Project information

Grant agreement ID: 783598

Status

Ongoing project

  • Start date

    1 October 2017

  • End date

    30 September 2019

Funded under:

H2020-EU.2.1.5.

H2020-EU.2.1.3.

H2020-EU.2.3.1.

H2020-EU.2.1.2.

  • Overall budget:

    € 1 717 675

  • EU contribution

    € 1 202 372,50

Coordinated by:

PRODUTECH SRL

Italy