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.

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

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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