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Schrott24 SIGNED

Leveraging online services to enhance the efficiency and transparency of recycling and trading of metal throughout the EU.

Total Cost €

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EC-Contrib. €

0

Partnership

0

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 Schrott24 project word cloud

Explore the words cloud of the Schrott24 project. It provides you a very rough idea of what is the project "Schrott24" about.

extractive    toxic    logistics    substantially    trading    copper    global    certain    harsh    platform    recycling    waste    scrap    local    digitises    million    single    mining    carbon    dealer    matches    providers    raw    sellers    chemicals    valuable    metal    schrott24    economy    commodities    virgin    concentrations    streams    circular    huge    outcomes    yard    matching    digital    automates    emissions    small    alloy    buyers    transport    electrician    pricing    algorithms    market    online    recycled    optimise    inefficient    substantial    heavy    contributor    deforestation    specialized    dynamically    intelligent    500kg    industry    disrupting    amounts    materials    solution    outdated    aligning    substances    clients    seller    service    matched    fulfilment    integration    sustainable    727    rates    pollution    primary    parts    offline    marketplace    parties    metals    labour    aluminium    consumption    energy    cable    secondary       unknown    fractions    water    containing    efficient    smelter   

Project "Schrott24" data sheet

The following table provides information about the project.

Coordinator
SCHROTT24 GMBH 

Organization address
address: VINZENZ-MUCHITSCH-STR.14
city: GRAZ
postcode: 8020
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 Austria [AT]
 Total cost 1˙686˙403 €
 EC max contribution 1˙180˙482 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-2
 Funding Scheme SME-2
 Starting year 2019
 Duration (year-month-day) from 2019-09-01   to  2021-08-31

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SCHROTT24 GMBH AT (GRAZ) coordinator 1˙180˙482.00

Map

 Project objective

The production of primary raw materials, such as metals, requires widespread and large-scale mining. This involves heavy processes and chemicals with harsh labour conditions, substantial transport and pollution emissions. Waste from extractive processes is one of the largest waste streams in the EU (727 million tonnes p.a.), with certain fractions containing high concentrations of toxic substances including heavy metals. The mining and processing of virgin materials is a leading cause of deforestation and requires huge amounts of energy and water. Furthermore, these processes account for 7% of global energy consumption and contribute substantially to carbon emissions. The widespread use of secondary (recycled) raw materials is crucial to addressing this global challenge. The European metal recycling industry has the potential to be a major contributor to a sustainable future for the EU. However, it is outdated, offline, and inefficient, leading to low recycling rates even for valuable commodities. The Schrott24 Platform is an intelligent online marketplace that digitises and automates large parts of the industry for scrap metal and recycled metals. It dynamically matches buyers and sellers to optimise outcomes for both parties, aligning the European scrap trading market with the digital single market. We use advanced pricing and matching algorithms, matching the seller of a certain metal scrap, with a certain logistics need, with the most efficient recycling solution. This can be a local scrap yard for a small electrician with 500kg of copper cable waste, or a specialized aluminium smelter that is in need of a specific alloy in the yard of a scrap dealer unknown to them. With the integration of transport service providers, they are not only matched, but we can facilitate the whole process, to ensure the fulfilment of the clients’ needs. Schrott24 is disrupting the industry, allowing it to deliver a sustainable, circular economy for raw materials in the EU.

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The information about "SCHROTT24" are provided by the European Opendata Portal: CORDIS opendata.

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