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PAPTIC

PAPTIC – The Good Conscience Alternative

Total Cost €

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EC-Contrib. €

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Partnership

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 PAPTIC project word cloud

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

pilot    non    utilising    sound    logical    fibre    sales    pipeline    launched    revenues    positive    trillion    patented    grow    environment    100    revolutionise    89    endanger    mills    marketing    150    wood    tests    combines    complete    200    representing    renewability    content    urgency    gt    resource    billion    thoroughly    least    consumers    littered    world    found    accumulation    line    economically    extensive    feedback    efficiency    brands    sustainable    renewable    alternative    first    paper    material    few    despite    entry    scaling    prototype    packaging    owners    company    extremely    poorly    plastics    lasting    ecosystems    bags    annual    conducting    2018    strategy    retailers    biodegradable    carrier    recyclable    commercial    flexible    85    easily    global    degradable    rapid    once    million    capex    performance    satisfies    market    worth    plastic    investments    logistics    reg    campaigns    capacity    brand    paptic   

Project "PAPTIC" data sheet

The following table provides information about the project.

Coordinator
PAPTIC OY 

Organization address
address: TEKNIIKANTIE 2D
city: ESPOO
postcode: 2150
website: n.a.

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 Finland [FI]
 Project website https://paptic.com/
 Total cost 3˙136˙875 €
 EC max contribution 2˙195˙812 € (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-2-2016-2017
 Funding Scheme SME-2
 Starting year 2016
 Duration (year-month-day) from 2016-11-01   to  2019-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    PAPTIC OY FI (ESPOO) coordinator 2˙195˙812.00

Map

 Project objective

Non-degradable, poorly recyclable, easily littered and long-lasting plastic products cause extensive accumulation of problems and endanger complete ecosystems. About 1 trillion plastic bags are used every year, with 89% of them only once. Despite the urgency of the problem, no viable alternative has been found up to now.

Paptic addresses this global challenge and satisfies the needs of consumers, retailers and brand owners for sustainable carrier bags. The company has developed the novel wood fibre based material PAPTIC® that combines the renewability of paper with the resource efficiency and functionality of plastics. Once fully developed, PAPTIC bags will be 100% biodegradable and recyclable, with at least 85% renewable content.

The patented PAPTIC® bags are the World’s first economically sound and environment-friendly alternative to plastics bags. Although market entry is achieved through carrier bags, PAPTIC® will revolutionise the whole flexible packaging market expected to be worth > €200 billion by 2018. The production logistics of Paptic is based on utilising existing paper mills, enabling rapid scale-up with low CAPEX investments.

Paptic has already built a sales pipeline worth more than €150 million, representing some of the best-known brands and retailers in the World. With some of them, Paptic is conducting tests with extremely favourable feedback from brand owners, and has launched its first marketing campaigns. Also feedback from consumers has been thoroughly positive.

The PAPTIC project is the next logical step in the company’s strategy. The focus is on scaling up production capacity from the already operational pilot line to a commercial prototype production line, and improving the performance of the PAPTIC@ material. As a result of the PAPTIC project, the company will grow to annual revenues of €90 million within a few years.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "PAPTIC" project.

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

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