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PAPTIC

PAPTIC – The Good Conscience Alternative

Total Cost €

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EC-Contrib. €

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Partnership

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 PAPTIC project word cloud

Explore the words cloud of the PAPTIC project. It provides you a very rough idea of what is the project "PAPTIC" about.

first    logistics    plastic    few    alternative    biodegradable    lasting    combines    200    efficiency    billion    consumers    resource    tests    degradable    entry    pipeline    logical    85    89    representing    revenues    paptic    extremely    annual    material    revolutionise    easily    carrier    packaging    satisfies    plastics    recyclable    company    retailers    conducting    accumulation    thoroughly    million    feedback    poorly    worth    sound    world    line    reg    owners    grow    content    performance    utilising    renewable    rapid    marketing    brands    mills    trillion    environment    capacity    bags    scaling    fibre    prototype    sustainable    non    campaigns    renewability    despite    launched    brand    paper    150    flexible    investments    pilot    once    global    complete    economically    gt    urgency    commercial    strategy    found    extensive    100    patented    wood    ecosystems    2018    least    sales    capex    littered    endanger    market    positive   

Project "PAPTIC" data sheet

The following table provides information about the project.

Coordinator
PAPTIC OY 

Organization address
address: TEKNIIKANTIE 2D
city: ESPOO
postcode: 2150
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Finland [FI]
 Project website https://paptic.com/
 Total cost 3˙136˙875 €
 EC max contribution 2˙195˙812 € (70%)
 Programme 1. H2020-EU.3.5. (SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2016
 Duration (year-month-day) from 2016-11-01   to  2019-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PAPTIC OY FI (ESPOO) coordinator 2˙195˙812.00

Map

 Project objective

Non-degradable, poorly recyclable, easily littered and long-lasting plastic products cause extensive accumulation of problems and endanger complete ecosystems. About 1 trillion plastic bags are used every year, with 89% of them only once. Despite the urgency of the problem, no viable alternative has been found up to now.

Paptic addresses this global challenge and satisfies the needs of consumers, retailers and brand owners for sustainable carrier bags. The company has developed the novel wood fibre based material PAPTIC® that combines the renewability of paper with the resource efficiency and functionality of plastics. Once fully developed, PAPTIC bags will be 100% biodegradable and recyclable, with at least 85% renewable content.

The patented PAPTIC® bags are the World’s first economically sound and environment-friendly alternative to plastics bags. Although market entry is achieved through carrier bags, PAPTIC® will revolutionise the whole flexible packaging market expected to be worth > €200 billion by 2018. The production logistics of Paptic is based on utilising existing paper mills, enabling rapid scale-up with low CAPEX investments.

Paptic has already built a sales pipeline worth more than €150 million, representing some of the best-known brands and retailers in the World. With some of them, Paptic is conducting tests with extremely favourable feedback from brand owners, and has launched its first marketing campaigns. Also feedback from consumers has been thoroughly positive.

The PAPTIC project is the next logical step in the company’s strategy. The focus is on scaling up production capacity from the already operational pilot line to a commercial prototype production line, and improving the performance of the PAPTIC@ material. As a result of the PAPTIC project, the company will grow to annual revenues of €90 million within a few years.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "PAPTIC" project.

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The information about "PAPTIC" are provided by the European Opendata Portal: CORDIS opendata.

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