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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

INNOVATIVE ENVIRONMENTALLY FRIENDLY COMPOSITE MATERIAL PRODUCT USE IN PRODUCTION

AM Energy ·Latvia

€283k
Grant awarded
Business Development, Innovation and SMEs
Programme
23 December 2021
Signed

About this project

<p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 10pt">Project objective.</span></strong></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt">The project will put into production a new product - the company's own two-layer composite patio board. </span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt">The company does not produce this type of product so far. The new product will have a reduced environmental impact throughout its life cycle.</span></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt">Recycled plastics and wood waste (the lowest grade of wood) will be used as raw materials, which would otherwise be released into the environment or used as fuel, both of which would generate CO2 emissions.</span></span></span></p> <p style="text-align: justify">&nbsp;</p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><strong><span style="font-size: 10pt">Key actions.</span></strong></span></span></p> <p style="text-align: justify"><span style="font-size: 11pt"><span style="font-family: Calibri, sans-serif"><span style="font-size: 10pt">The project will involve the purchase of new production equipment, information activities and cooperation with a Norwegian partner.</span></span></span></p>

Bilateral cooperation results

The project was successfully implemented with donor state partner - Sintef AS.

Project partners