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Report

Teaser, summary, work performed and final results

Periodic Reporting for period 1 - Elastomer Recycling (World`s first innovative method for recycling of elastomers and plastics from industrial waste)

Teaser

Summary

- Internal analysis regarding human resources, financial situation
- Specification of internal vision and goals
- Observation of the market (price development, competitor development, legal framework)
- Participation in a benchmarking study & evaluation of the results
- Anticipation of total revenue based on process costs and price development)
- Development of strategic goals
- Exhibition at an industry fair in Hannover (Germany)
- Participation in SME training -> proving tips on TRLs -> personal success story
- Engagement of sales staff to promote the business ides and in order to win customers
- Initiating observation of Polish, Dutch and other markets

Work performed

- Promotion -> raised awareness level
- Benchmarking study -> Awareness of market demand
- Market analysis -> profound knowledge in legal framework, total market, market development
- Employment of further staff -> Network expansion, winning of new customers & partners

Final results

The feasibility study has shown that there is a great necessity for a holistic and high- quality processing of elastomers and thermoplastics. The few alternatives available lead to a downcycling and are rarely economically efficient. Considering the amount of plastics waste produced every year within Europe and the evading amounts or resources it is absolutes necessarily to establish integrated systems. Simultaneously it is important to raise awareness for the environmental protection and resource efficiency.
The method of HLW TEC GmbH is able to revolutionize the plastics market as well as the waste market. All resources remain in the production cycle without loss of characteristics and avoiding downcycling.
Winning SME- Instrument phase 1 did not only benefit the company but also helped to raise the awareness level.