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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

0

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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.

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

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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