Explore the words cloud of the SUSTONABLE project. It provides you a very rough idea of what is the project "SUSTONABLE" about.
The following table provides information about the project.
INNOVATIVE TECHNOLOGIES STONE BV
|Coordinator Country||Netherlands [NL]|
|Total cost||3˙089˙655 €|
|EC max contribution||2˙162˙758 € (70%)|
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)
|Duration (year-month-day)||from 2019-11-15 to 2021-11-14|
Take a look of project's partnership.
|1||INNOVATIVE TECHNOLOGIES STONE BV||NL (AMSTERDAM)||coordinator||2˙162˙758.00|
SUSTONABLE is a revolutionary thin and ultra-lightweight building material developed and patented by INNSTECH, with the physical look and feel of engineered (quartz) stone. The product has a high scratch and impact resistance. The end product weighs 1/3 of current engineered stone while using only 20% of the raw materials. In recent 30 years composite stone has been replacing natural stone in the kitchen. Artificial stone is a factory-made alternative with all the beauty of the natural material and the added benefits of resistance to staining, consistent colour, ease of handling and cutting. It is a fast-growing segment with 400M m2 countertops sold and will continue to gain share from less desirable materials such as HP Laminate worktops, which still represent 50% of the market as the cheapest option. We at INNSTECH have pioneered the way to use recycled PET from plastic bottles and create a thin composite stone-like material that is recyclable with a very efficient process, and still having the desired look, feel and properties of current composite stone. Moreover, we can drastically reduce SUSTONABLE price than comparable materials in the market -up to 50% cheaper than top vendor engineered stone, e.g. Silestone with sales €548M/yr. Our vision is to deliver the next generation stone surface materials ready for the new sustainable circular economy, while positioning SUSTONABLE in the low-cost segment of the market offering the high-quality functional properties of competitors. Having already successfully run our process in a pilot plant, SUSTONABLE has produced approximately 450 slabs of 250x80cm. The business strategy is first to prove the technology in the kitchen market by building and operating a medium scale plant with a capacity of 400,000 m2/year, reaching €48.4 million revenues in 2027.The kitchen countertop leader in NL, Dekker (3500 countertops per week), has signed up as a co-investor in the project with the intention to sell and install SUSTONABLE.
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The information about "SUSTONABLE" are provided by the European Opendata Portal: CORDIS opendata.