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.

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

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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