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ACOSENSE SIGNED

ACOSENSE: The first Acoustic online instrument for intelligent fluids analysis

Total Cost €

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EC-Contrib. €

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Partnership

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 ACOSENSE project word cloud

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

energy    protected    2022    boost    acosense    industry    generating    carefully    meets    game    fibers    lines    innovation    flow    customers    huge    cash    acoustics    truly    market    fail    uses    optimization    continuous    feasibility    tested    savings    cumulative    ph2    proprietary    acoustic    untapped    chemical    environmental    optimising    time    optimise    optimized    business    platform    net    pulp    forests    ph1    million    monitoring    2026    impressive    benefits    profits    south    materials    commercialising    installed    digitises    patents    biggest    area    infinite    seek    demand    fruit    trl    outside    uniquely    vital    32    grant    wood    raw    players    spectroscopy    19    plan    america    sales    fluids    operators    saving    pipe    invasive    chips    changing    meet    create    company    chemicals    jobs    performance    tremendous    unlocks    translates    quality    international    links    latin    chain    industries    transformation    enjoy    launch    paper   

Project "ACOSENSE" data sheet

The following table provides information about the project.

Coordinator
ACOSENSE AB 

Organization address
address: STAMPGATAN 20A
city: GOTEBORG
postcode: 411 01
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 Sweden [SE]
 Total cost 1˙959˙003 €
 EC max contribution 1˙371˙302 € (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 2019-10-01   to  2021-09-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    ACOSENSE AB SE (GOTEBORG) coordinator 1˙371˙302.00

Map

 Project objective

In the Pulp & Paper and Chemical industries it is crucial to continuously analyse various process parameters and provide this information to operators in real-time, to optimise their processes. However, existing monitoring systems fail to meet these needs, and currently the optimization of the process chain links to a high market potential which is remains untapped. ACOSENSE technology uniquely meets these needs. Our process monitoring system is installed on the outside of the process pipe and uses acoustics to analyse several fluids’ properties. Our technology digitises the process flow and enables continuous and real-time monitoring, in a truly non-invasive way. ACOSENSE enables the better transformation of wood chips to high quality fibers. This unlocks tremendous value for our customers who enjoy impressive cost savings, by optimising their production, saving energy, chemicals and raw materials. At the same time, our technology translates to huge environmental benefits, as more pulp is produced from the same area of forests. Our proprietary acoustic spectroscopy technology is the fruit of 7 years of R&D and is protected by 10 international patents. It is a game changing innovation in process control with infinite applications in every process industry. Currently, ACOSENSE is at TRL-7, with the performance of our equipment already tested in the processing lines of the biggest players of the Pulp&Paper industry. With a feasibility plan developed under a Ph1 grant, we now seek a Ph2 grant to launch into the market our ACOSENSE platform, carefully optimized to meet the requirements of our customers in the Pulp&Paper and Chemical industries. Commercialising our platform in Europe, Latin and South America, we will boost our sales, generating cumulative net profits of €32 million during 2022-2026. This cash-flow is vital to scale-up our business and create 19 new jobs in our company to meet market demand.

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

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