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.

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

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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