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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Establishment of a closed loop automotive waste management system in Lithuania

Terra recycling ·Lithuania

€1.1m
Grant awarded
Business Development, Innovation and SMEs
Programme
14 May 2021
Signed

About this project

<p style="text-align: justify"><span style="font-size: medium"><span style="font-family: &quot;Times New Roman&quot;, serif"><span style="color: rgba(0, 0, 0, 1)">This project has objective to create capability of achieving the mandatory targets for recycling and recovery set by the ELVD (<span style="font-family: Times">EU Directive 2000/53/EB on end-of-life vehicles</span>) for shredded ELVs. With this project, the Applicant aims to create, develop, implement the latest and most advanced Post-Shredder technologies (PST) in a closed loop of automotive waste treatment process and integrate them into the currently available technologies.&nbsp;<span style="font-family: Times">With the implementation of the closed-loop automotive waste treatment process, it will be possible to maximize the recovery of secondary resources of the vehicle scrap, sorting out and preparing valuable non-ferrous metals and separated plastics for secondary use. The process will enable to extract more non-ferrous metals and plastics and of higher quality thus resulting in qualitatively different product range for sale. The products offered to the customers will be more and of higher value/price, which will enable the company to increase sales value and profit margins. The new system will also enable to increase the processing capacity thus leading to increasing sales volume and value.</span></span></span></span></p> <p><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-family: Times">The bilateral added value of the partnership is expected to include the following:&nbsp;</span></span></span></span><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-family: Times">1)&nbsp;Transfer of knowledge from the best practices from the Norwegian end of life vehicles (ELV) industry will be directly implemented into the project;&nbsp;&nbsp;2)&nbsp;</span></span></span></span><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-family: Times">Added insight about the Lithuanian ELV industry which is vital for a long term expansion of the bilateral partnership. The combination of the local expertise within the Lithuanian partner and Norwegian partner expertise on innovation and bringing new solutions to the market place will add significant value to the project.&nbsp;</span></span></span></span><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-family: Times">3)&nbsp;Jointly explore and assess innovative and new methods applied in Norway and internationally and adapt them for Lithuanian conditions. 4)&nbsp;</span></span></span></span><span style="font-size: medium"><span style="font-family: Calibri, sans-serif"><span style="color: rgba(0, 0, 0, 1)"><span style="font-family: Times">Build on the respective partner network to further expand the bilateral partnership in the post phase of the project.&nbsp;</span></span></span></span></p>

Project partners