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PROMETHEUS

Platinum gRoup MEtals saving by monoliTHos Efficient and disrUptive catalySt innovation

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

PROMETHEUS project word cloud

Explore the words cloud of the PROMETHEUS project. It provides you a very rough idea of what is the project "PROMETHEUS" about.

125 list introduction first reinvested supporting market job earth 80 automotive grown save 550 coming prometheus mines deficit mainly crms turnover industry demand highlighting saving 800 validated 60 difficult catalysts expects catalyst 2 importer industries markets materials material review global raw 2014 ec almost nanoparticles released 6 time autocatalysts mostly keeping mln extremely kg performances classified disruptive substitute contained year ensured monolithos substituting times 250 environment pgms fiat abundant meet industrialising 2019 72 total group decoupling 35 primary recycled supply recycling emission sources platinum stakeholder durability multinational substitution copper least rate boosting rd innovation critical billion

Project "PROMETHEUS" data sheet

The following table provides information about the project.

Coordinator	MONOLITHOS KATALITES KE ANAKIKLOSI ETAIREIA PERIORISMENIS EVTHINIS Organization address address: VRILISSOU 83 city: ATHINA postcode: 11476 website: http://www.monolithos-catalysts.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Greece [EL]
Project website	http://www.monolithos-catalysts.gr
Total cost	71˙429 €
EC max contribution	50˙000 € (70%)
Programme	1. H2020-EU.3.5. (SOCIETAL CHALLENGES - Climate action, Environment, Resource Efficiency and Raw Materials) 2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-1-2016-2017
Funding Scheme	SME-1
Starting year	2016
Duration (year-month-day)	from 2016-08-01 to 2017-01-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	MONOLITHOS KATALITES KE ANAKIKLOSI ETAIREIA PERIORISMENIS EVTHINIS MONOLITHOS KATALITES KE ANAKIKLOSI ETAIREIA PERIORISMENIS EVTHINIS Organization address address: VRILISSOU 83 city: ATHINA postcode: 11476 website: http://www.monolithos-catalysts.gr contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	EL (ATHINA)	coordinator	50˙000.00

Map

Project objective

In 2014, the EC released the European Critical Raw Materials Review (CRMs), highlighting a list of materials defined critical. Platinum Group Materials (PGMs), contained in this list, are among the least abundant of the Earth's elements and were classified as materials whose substitution is currently extremely difficult and recycling rate is very low. The supply of PGMs (Europe is the main importer) is currently ensured mostly by primary sources (72%) coming from both mines and recycled products (no mines in Europe), and it cannot meet the global demand (current deficit 20 tonnes). PGMs demand (up to 80%) is driven mainly by the emission control catalysts market which is expected to reach €6 billion by 2019. The PROMETHEUS project will bring to the market a disruptive innovation, allowing for the first time to substitute up to 60% of PGMs used in autocatalysts with copper nanoparticles, while keeping the same performances and durability. Specifically the PROMETHEUS project objectives are: 1. Industrialising PROMETHEUS production and demonstrate on large scale its performances. PROMETHEUS has already been validated in the real environment with a key stakeholder (FIAT, Large multinational automotive industry) also supporting Phase 2; 2. Substituting 60% of PGMs used in autocatalysts with copper nanoparticles, saving up to 40 tonnes of PGMs per year, 2 times the current global deficit; 3. Decoupling Europe from a Critical Raw Material (PGMs), saving up to 60% of PGMs European demand per year (20 tonnes per year – the current global demand/supply deficit); 4. Boosting European automotive and emission control catalyst markets. Copper costs ~6,800 times less than Platinum (4.5€/Kg against 30,550 €/Kg) which means that European industries can save almost €250 mln to be reinvested in RD&I and job growth. 5. Boosting MONOLITHOS growth. In 5 years after market introduction, MONOLITHOS expects to have grown by 125% in personnel and achieve a total turnover of at least €35 mln

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The information about "PROMETHEUS" are provided by the European Opendata Portal: CORDIS opendata.