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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.

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

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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