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PAPER SOLUTIONS SIGNED

PAPER SOLUTIONS: Providing the switch from plastic to paper packaging

Total Cost €

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EC-Contrib. €

0

Partnership

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 PAPER SOLUTIONS project word cloud

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

benefit    solutions    customer    materials    causing    paper    inputs    4b    m2    competitor    cagr    developer    2b    2017    project    machines    fishing    stimulating    27    environment    species    influencing    dumped    size    seriously    6m    industry    waste    retrofit    islands    biodiversity    gather    times       meet    garbage    killing    input    loyalty    firms    sitma    banned    innovative    compliment    market    customers    ocean    recycled    cover    suite    mature    throughput    secure    completion    strength    plastic    bio    invested    technologies    ultimate    produces    feasibility    conduct    certain    human    newspapers    profit    40    sales    packaging    advantages    conscious    france    plastics    quantities    environmentally    roi    convert    items    commercial    upgrades    global    cleaner    single    standardize    patch    health    compatible    never    consumers    alarming    8m    replacing    financial    magazines    54    wrapping    jobs    60m    tons    machinery    yearly    3d    commercialized    losses    pacific    2023    sustainable   

Project "PAPER SOLUTIONS" data sheet

The following table provides information about the project.

Coordinator
SITMA MACHINERY - SPA 

Organization address
address: VIA VIGNOLESE 1910
city: SPILAMBERTO
postcode: 41057
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 Italy [IT]
 Total cost 71˙429 €
 EC max contribution 50˙000 € (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-2018-2020-1
 Funding Scheme SME-1
 Starting year 2020
 Duration (year-month-day) from 2020-01-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SITMA MACHINERY - SPA IT (SPILAMBERTO) coordinator 50˙000.00

Map

 Project objective

Alarming plastic waste growth is seriously affecting biodiversity and human health. Of 9.2B tons of plastic ever produced, 6.2B tons has never been recycled. 8M tons of plastic are dumped into the ocean yearly, creating islands of plastic waste, such as the 1.6M m2 great pacific garbage patch, 3 times the size of France. Plastic waste is killing ocean species and causing €60M in losses to the fishing industry. Thus the EU banned certain plastics, stimulating the development of bio plastics, which are not yet mature to meet the quantities needed. To compliment bio plastics, Sitma Machinery, developer of packaging solutions, has developed a suite of innovative retrofit technologies, PAPER SOLUTIONS, to convert plastic packaging machinery to paper packaging. 40% of all plastic produced are single use, such as packaging used by magazines and newspapers firms, who are our target market. Paper is sustainable and PAPER SOLUTIONS has advantages over existing paper wrapping machines; only upgrades plastic packaging machinery without replacing the whole system, compatible with our competitor’s plastic packaging machinery, produces packaging that has same strength as plastic, can package 3D items, higher throughput and process other packaging materials. Our target market is the global packaging industry which is expected to reach €54.4B at a CAGR of 6.7% from 2017 to 2023. Today, we have commercialized one retrofit for specific customer needs and the ultimate project objective is to standardize our technology to cover various market needs. Thus, in Phase 1 we will conduct a Feasibility Study to gather input main technical, commercial and financial inputs influencing the project. Our project will ensure cleaner environment, while our customers will benefit sales growth from increased loyalty of environmentally conscious consumers. It will secure €27.6M in profit, 9 jobs and a ROI of 10.6 per euro invested in 5 years for Sitma Machinery after completion.

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

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