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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Development of new nonwovens through introduction of green solutions using recycled waste in the pro

MINET S.A. ·Romania

€1.4m
Grant awarded
Business Development, Innovation and SMEs
Programme
9 June 2021
Signed

About this project

<p>The main objective of the project is to increase the capacity for production of nonwovens for automotive and furniture industry that now cannot be produced with the available equipment in order to cover the increasing demand from clients.<br> <br> In addition to that, Minet needs to adapt and improve its products in order to use waste as raw materials. This will ensure advanced technical parameters for nonwovens and simultaneously contribute towards a reduction of foam and textiles waste and CO2. The technical solution consists of installing one single production line which will be composed out of three different types of equipment. On this production line, two new products will be manufactures: nonwovens felt, and nonwovens felt foam. Key activities include:</p> <ul> <li>Investments in new equipment.</li> <li>Financial audit by external consultant.</li> <li>Project management by internal team.</li> <li>Publicity to ensure the visibility of the project.</li> </ul> <p>The expected outcomes of the project include&nbsp;80% of the total materials needed for producing the projected turnover numbers will be textile and plastic waste and estimated total decrease of CO2 emissions by 5.780,8 tonnes. The project is expected to generate two new jobs.<br> <br> The project has an important positive impact on the environment directly, by using recycled waste materials and indirectly by decreasing the level of emissions in the atmosphere and reducing the quantity of waste which is currently incinerated. Furthermore, the project will significantly improve the society’s life quality in the area through the improvement of air quality and additional elimination of waste.</p>