Opendata, web and dolomites

SUSTONABLE SIGNED

From bottle to stone. Recyclable engineered stone for kitchen countertops.

Total Cost €

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EC-Contrib. €

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Partnership

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 SUSTONABLE project word cloud

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

investor    3500    feel    engineered    positioning    50    medium    innstech    laminate    revolutionary    sustonable    400m    recyclable    pilot    cutting    segment    gain    successfully    bottles    plastic    signed    thin    made    m2    alternative    factory    plant    price    handling    colour    countertops    business    silestone    vision    48    surface    250x80cm    450    reduce    co    weighs    consistent    look    functional    capacity    replacing    cheaper    benefits    stone    natural    slabs    400    revenues    share    physical    dekker    fast    reaching    market    patented    desired    pet    strategy    vendor    ease    beauty    lightweight    worktops    sold    kitchen    staining    composite    raw    material    resistance    generation    sustainable    materials    sales    building    nl    recycled    option    ready    countertop    scratch    continue    circular    competitors    economy    install    cheapest    create    hp    added    20    ultra    2027    sell    548m    million    leader    desirable    approximately    prove    efficient    run    quartz    pioneered    drastically    artificial    week    intention    first    quality   

Project "SUSTONABLE" data sheet

The following table provides information about the project.

Coordinator
INNOVATIVE TECHNOLOGIES STONE BV 

Organization address
address: TT VASUMWEG 58 KANTOOR B3
city: AMSTERDAM
postcode: 1033 SC
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 3˙089˙655 €
 EC max contribution 2˙162˙758 € (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 2019-11-15   to  2021-11-14

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    INNOVATIVE TECHNOLOGIES STONE BV NL (AMSTERDAM) coordinator 2˙162˙758.00

Map

 Project objective

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.

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