Opendata, web and dolomites

BTPin SIGNED

Market Disruptive Pin Technology for Improving Heavy Machinery Operations and Safety

Total Cost €

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EC-Contrib. €

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Partnership

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 BTPin project word cloud

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

offshore    mining    adapt    injury    downtime    purchase    construction    1990s    cash    12    pivot    function    joints    crane    upgrades    patented    2017    pins    vibration    diameters    caused    1m    bt    last    either    belongs    articulated    lack    occasional    operators    82    decade    customised    uniting    quarrying    bore    jobs    repair    cranes    worth    time    avoiding    ovalled    space    opex    774553    market    launch    business    period    btpin    machine    wear    cagr    breaking    7m    leaves    commercialising    49    300    competitors    expands    zero    500    mechanical    mines    full    162    losses    heavy    replacement    create    lower    risk    retrofit    37    16    play    suffers    68    31    verified    onshore    fill    joint       500mm    fasteners    504    pin    ovalling    tightness    compatible    produces    constructors    site    port    install    day    scaled    breaks    manufacture    industrial    manufacturers    ga    10mm    checks    revenues    jams    benefit    types    complete    damage    validate    standard    reliability    1bn    062    fit    profits    888    tolerance    depending    least    machinery    surface    accumulated    save   

Project "BTPin" data sheet

The following table provides information about the project.

Coordinator
BONDURA TECHNOLOGY AS 

Organization address
address: NORDLYSVEGEN 5
city: BRYNE
postcode: 4340
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 Norway [NO]
 Total cost 1˙562˙500 €
 EC max contribution 1˙093˙750 € (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-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-03-01   to  2020-10-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BONDURA TECHNOLOGY AS NO (BRYNE) coordinator 1˙093˙750.00

Map

 Project objective

'BT produces patented customised pivot pins for uniting the joints of articulated heavy industrial machinery. BTPin expands to fill the joint bore and leaves no tolerance space for play or vibration. Zero tolerance space in the joint means BTPin suffers from no pin breaks, no mechanical jams, no ‘ovalling’ damage and no wear to the joint surface. It can function for at least a decade in heavy machinery and needs only occasional checks for tightness. Standard pivot pins last three years on average before breaking. BTPin can be scaled to fit a joint with diameters from 10mm to 500mm. End users benefit from mechanical reliability, zero pivot pin replacement costs, zero repair costs to ovalled joints, zero machine downtime caused by joint breaks, and lower risk of injury to personnel. In cash terms, BTPin costs €888 to purchase, install and maintain over a 12-year period. A comparable pivot pin in the same machinery over the same period costs €16,062. BTPin is compatible with all types of articulated heavy machinery, either in its manufacture or in retrofit upgrades. We have been commercialising our pivot pins to the offshore sector since the early 1990s. This Phase II allows us adapt, test and validate BTPin for onshore applications in mining quarrying, port cranes and construction. Our Phase I project (GA #774553) verified the market potential of BT for onshore applications, and a complete lack of competitors. Machine manufacturers could save €504,000 in OPEX costs, depending on the scale of their business. Port crane operators could save €31,500 per crane per day, mines €162,300 per day, and constructors €16,000 per site per day by using BTPin and avoiding downtime losses. BTPin belongs to the industrial fasteners market worth €68.1bn in 2017 and growing by 5% CAGR. BTPin will make €82.1m in revenues in year 5 after launch, €49.7m in accumulated profits and will create at least 37 full time jobs. '

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

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