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Schrott24 SIGNED

Leveraging online services to enhance the efficiency and transparency of recycling and trading of metal throughout the EU.

Total Cost €

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EC-Contrib. €

0

Partnership

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 Schrott24 project word cloud

Explore the words cloud of the Schrott24 project. It provides you a very rough idea of what is the project "Schrott24" about.

labour    clients    valuable    automates    certain    transport    parts    consumption    electrician    concentrations    emissions    streams    substances    raw    cable    outdated    amounts    commodities    metal    smelter    optimise    circular    unknown    inefficient    copper    727    contributor    platform    marketplace    schrott24    matches    toxic    solution    sellers    heavy    materials    parties    recycled    trading    digital    algorithms    deforestation    secondary    huge    substantially    single    online    aluminium    containing    waste    matched    500kg    recycling    local    seller    fractions    logistics    buyers    intelligent    outcomes    harsh    substantial    specialized    pollution    metals    disrupting    pricing    small    rates    yard    water    industry    integration    mining    global    million    efficient    sustainable    service    matching    scrap    providers    carbon    virgin    economy    digitises    chemicals    offline    extractive    primary    dynamically    energy    aligning    market       fulfilment    dealer    alloy   

Project "Schrott24" data sheet

The following table provides information about the project.

Coordinator
SCHROTT24 GMBH 

Organization address
address: VINZENZ-MUCHITSCH-STR.14
city: GRAZ
postcode: 8020
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 Austria [AT]
 Total cost 1˙686˙403 €
 EC max contribution 1˙180˙482 € (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    SCHROTT24 GMBH AT (GRAZ) coordinator 1˙180˙482.00

Map

 Project objective

The production of primary raw materials, such as metals, requires widespread and large-scale mining. This involves heavy processes and chemicals with harsh labour conditions, substantial transport and pollution emissions. Waste from extractive processes is one of the largest waste streams in the EU (727 million tonnes p.a.), with certain fractions containing high concentrations of toxic substances including heavy metals. The mining and processing of virgin materials is a leading cause of deforestation and requires huge amounts of energy and water. Furthermore, these processes account for 7% of global energy consumption and contribute substantially to carbon emissions. The widespread use of secondary (recycled) raw materials is crucial to addressing this global challenge. The European metal recycling industry has the potential to be a major contributor to a sustainable future for the EU. However, it is outdated, offline, and inefficient, leading to low recycling rates even for valuable commodities. The Schrott24 Platform is an intelligent online marketplace that digitises and automates large parts of the industry for scrap metal and recycled metals. It dynamically matches buyers and sellers to optimise outcomes for both parties, aligning the European scrap trading market with the digital single market. We use advanced pricing and matching algorithms, matching the seller of a certain metal scrap, with a certain logistics need, with the most efficient recycling solution. This can be a local scrap yard for a small electrician with 500kg of copper cable waste, or a specialized aluminium smelter that is in need of a specific alloy in the yard of a scrap dealer unknown to them. With the integration of transport service providers, they are not only matched, but we can facilitate the whole process, to ensure the fulfilment of the clients’ needs. Schrott24 is disrupting the industry, allowing it to deliver a sustainable, circular economy for raw materials in the EU.

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The information about "SCHROTT24" are provided by the European Opendata Portal: CORDIS opendata.

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