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Funding period

Showing all data for 2014–2021

Business Development, Innovation and SMEs Completed

Highly innovative solution for increasing the recycling rate and reducing the need to consume natural resources

SC DEVALEX SRL ·Romania

€663k
Grant awarded
Business Development, Innovation and SMEs
Programme
1 April 2022
Signed

About this project

<p>The main objective of the project is to acquire modern and innovative machineries that will significantly reduce the industrial user's environment impact by collecting the most toxic results of its activity.<br> <br> The main needs of the company are to revise and innovate its production flow and its recycling processes by adapting a new technology that will reduce the company's carbon footprint, improve productivity and increase profitability. This will increase the recycling rate, save energy, reduce greenhouse emissions and improve the employee's skills to operate the new machinery. The innovation aspect is aimed to significantly reduce the industrial user's environment impact by collecting the most toxic results of its activity using an adapted filter from the medical industry. Key activities include:</p> <ul> <li>External consultancy services.</li> <li>Investments related to the new equipment.</li> <li>Publicity to promote the project.</li> </ul> <p>The new and innovative technical solution is expected to lead to a 12% reduction in energy consumption, 48% reduction in water consumption, 30% increase in productivity and improved processing of contaminated materials. CO2 emissions are expected to decrease annually by 114,56 tonnes in 2024 versus 2020.&nbsp;</p>