Establishment of extruded foam (XPS) board factory
GreenDeck SIA ·Latvia
€600k
Grant awarded
Business Development, Innovation and SMEs
Programme
1 April 2023
Signed
About this project
<p>The aim of the project is to increase the competitiveness of SIA "GreenDeck" by introducing green innovation and starting the production of new thermal insulation material using at least 90% recycled foam packaging waste. The main activity of the project is the purchase and installation of extruded polystyrene foam board production equipment. As a result of the project, SIA "GreenDeck" will introduce a completely new product into<br> production – extruded foam thermal insulation boards.<br> The total CO2 savings at the start of the production of the new product are estimated at 7849t CO2 per year, or 39245 tons of CO2 during the project monitoring period.</p>
Project partners
- Ofreco AS Donor project partner· Norway