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UBQ Material

Converting household waste into sustainable bio-based materials

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 UBQ Material project word cloud

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

2020    valuable    months    industry    2030    sales    recycled    waste    destined    furans    residual    rate    double    household    dumped    co2    patented    missing    manufacturing    packaging    massive    dangerous    entirely    linear    industrial    link    homogeneous    mixed    commercially    amount    virgin    asset    sent    plastics    solution    once    converted    80    converting    least    stream    disposal    consumption    throughput    100x    materials    landfills    revenues    globally    revolutionary    kg    total    trash    trimmings    organics    savings    dioxins    circular    100m    reaching    truly    tons    oceans    ton    dirty    utilizing    doors    320    converts    resins    solid    reuse    2bn    plant    hour    people    roll    cardboard    things    10    99    70    4m    plastic    economy    ubq    annually    garden    grade    paper    estimate    capacity    again    blended    moving    methane    global    480    material    municipal    food    generate    lakes    almost    rivers    3bn    diapers    160m    leaves    95    world    fractions    extraction    plan    heterogeneous    live    near    natural    2024    buy    ftes   

Project "UBQ Material" data sheet

The following table provides information about the project.

Coordinator
UBQ MATERIALS LTD 

Organization address
address: IBN GABIROL 30 WEWORK
city: TEL AVIV
postcode: 6407808
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 Israel [IL]
 Project website http://www.ubqmaterials.com
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2018
 Duration (year-month-day) from 2018-12-01   to  2019-03-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    UBQ MATERIALS LTD IL (TEL AVIV) coordinator 50˙000.00

Map

 Project objective

2bn tons of waste are produced globally per year. An average European leaves behind 480 kg of household waste every year . 99% of things that we buy are sent to trash within 6 months. 50 tons of household waste are produced every second. 95% of waste produced globally is estimated not to be recycled. 80% of waste is dumped into open landfills next to rivers, lakes or oceans. 100m people live on or near landfills all around the world. Moreover, the waste production is increasing—by 2030 the amount of household waste will almost double to 3bn tons annually. Landfills generate not only CO2 but methane, which is 100X more dangerous, dioxins & furans. Utilizing waste as a material asset will open doors to massive savings of natural resources. We have developed a revolutionary solution that converts residual municipal solid waste, destined for landfills, into a novel patented UBQ Material. The heterogeneous mixed waste stream (including the organics fractions like food waste, garden trimmings, paper, cardboard, diapers, dirty plastics, as well as packaging materials) is converted into an entirely homogeneous material that can be used in existing plastic processing equipment. Our solution enables industry to reuse waste materials over & over again. By converting the waste into this commercially viable & valuable material, we provide the missing link between waste disposal through to new product manufacturing, moving from a linear extraction and consumption system to a truly circular economy. We estimate that the global plastic industry can implement UBQ Material blended together with virgin or recycled resins at 10% rate. One 10 ton/hour production plant will produce ~70,000 tons of UBQ Material per year. Once we have industrial-grade throughput of 20 ton/hour in 2020, we plan to roll out 1 plant per year, reaching a total capacity of at least 1.4m ton/year within 8 years. We are aiming at 320 FTEs by 2024 with €160m in revenues from UBQ Material sales.

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

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