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Plan2fix SIGNED

Nitrogen-enriched plasma activated water, an unparalleled plant feeding system

Total Cost €

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EC-Contrib. €

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Partnership

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 Plan2fix project word cloud

Explore the words cloud of the Plan2fix project. It provides you a very rough idea of what is the project "Plan2fix" about.

roi    sources    horticulture    22m    spot    revenue    2026    53    nl    liquid    investment    parties    positions    create    dependency    amount    fossil    growers    808    network    electricity    emissions    energy    44    meet    fuels    hectare    until    air    crops    enriched    dissolve    payback    paw    provides    chain    outside    plan2fix    redundant    14    farmers    world    22    countries    fertilisation    vitalfluid    rely    450    water    heavily    brings    2022    intensive    unsustainable    price    poland    supply    uk    farming    yields    fertilise    drastic    sold    500    natural    5y    cultivation    dependent    population    lower    nitrate    nitrogen    units    healthy    sustainable    first    entering    fertilisers    agriculture    alternative    cumulated    pollutant    supplied    spend    ebitda    yearly    ghg    market    entails    activated    customers    ready    netherlands    activation    abundant    ensured    greenhouses    greenhouse    horticultural    synthetic    extracts    210    spain    job    italy    plasma    patented    sell    gas    polluting    germany    producers    france    professional    innovative    renewable    fertiliser    society    fixation   

Project "Plan2fix" data sheet

The following table provides information about the project.

Coordinator
VITALFLUID BV 

Organization address
address: WEEZENHOF 3270
city: NIJMEGEN
postcode: 6536 GL
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 Netherlands [NL]
 Total cost 2˙025˙605 €
 EC max contribution 1˙417˙923 € (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 2019-09-01   to  2021-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    VITALFLUID BV NL (NIJMEGEN) coordinator 1˙417˙923.00

Map

 Project objective

Horticultural producers fertilise their crops with Nitrogen (N) to ensure healthy and abundant yields that meet the needs of an increasing population. EU greenhouse farmers spend € 808 M yearly in synthetic N-fertilisers, which are energy-intensive to produce, heavily dependent on fossil fuels and very pollutant. Moreover, the supply chain of synthetic N-fertilisers entails a great amount of GHG emissions, with costs estimated at €14 B/yr. Fertilisation with synthetic fertilisers is unsustainable particularly in EU as the price of N is highly dependent on changes in the price of natural gas. VitalFluid brings to market a sustainable and non-polluting alternative to current synthetic N-fertilisers. Our PLAsma Nitrogen FIXation technology provides an on-the-spot production of liquid N-fertiliser that makes the current supply chain of fertilisers redundant. Only with air, water and electricity from renewable sources, our innovative patented plasma activation technology extracts N directly from the air and dissolve it into Plasma Activated Water (PAW) which is nitrate-enriched water ready to be supplied to crops. PLAN2FIX will provide the agriculture sector and society with lower cultivation costs and third parties’ dependency, ensured availability of fertilisers and a drastic reduction of GHG emissions. With 500,000 Ha of greenhouses in the world and 210,000 Ha in EU, our short-term target customers are professional greenhouse horticulture growers which require more fertilisers per hectare due to intensive cultivation practice. We aim at entering leading countries in the greenhouse and advanced farming: Netherlands, Germany, Spain, France, Italy, Poland & UK in the first 5 years. We will sell directly in NL while will rely on a distribution network outside NL. From 2022 until 2026, we expect 450 units sold, €44.5 M of cumulated revenue, EBITDA of € 22M and a ROI(5Y) of 5.53. The payback of the investment is less than 2 years and we will create 22 new job positions.

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The information about "PLAN2FIX" are provided by the European Opendata Portal: CORDIS opendata.

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lastchecktime (2020-07-05 5:57:46) correctly updated