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VEnvirotech SIGNED

From waste to value: Transforming organic waste into biodegradable bioplastics

Total Cost €

EC-Contrib. €

Partnership

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VEnvirotech project word cloud

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

shift plants biodegradable companies 0plastic 447b ve energy tam uses materials 2030 inducing plant formulate industrial eliminate selective accumulate unfortunately added fermented market 2022 pha pollution venvirotech price relies repeated costly 50 feeding 2018 founded reserve organic form april global plastic sea 11m producing enter kg famine opportunity revalorized marketed plastics extract degrade profit parliament expand 75m compete single cycles conventional spain transform purify 8m portable solution bioplastics strategy bioplastic treatment reduce revenues box bacteria centralized 30 leak net biotechnology quality obtain every waste start grinded pressure agreed trash industry environment commercialization 2024 digest combined innovation

Project "VEnvirotech" data sheet

The following table provides information about the project.

Coordinator	VENVIROTECH BIOTECHNOLOGY SL Organization address address: CAMI DE CA N'AMETLLER 20 city: SANT CUGAT DEL VALLES postcode: 8195 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	Spain [ES]
Total cost	71˙429 €
EC max contribution	50˙000 € (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-2018-2020-1
Funding Scheme	SME-1
Starting year	2019
Duration (year-month-day)	from 2019-11-01 to 2020-02-29

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	VENVIROTECH BIOTECHNOLOGY SL VENVIROTECH BIOTECHNOLOGY SL Organization address address: CAMI DE CA N'AMETLLER 20 city: SANT CUGAT DEL VALLES postcode: 8195 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.	ES (SANT CUGAT DEL VALLES)	coordinator	50˙000.00

Map

Project objective

Every year 8M tonnes of plastics trash enter the sea. Plastic materials that leak into the environment are a global pollution problem as they may take up to 2.000 years to degrade. The European Parliament agreed on measures to eliminate single-use plastics by 2030 as part of the EU Plastics Strategy. We have to be aware about the need to shift our industry and the use of biodegradable bioplastics. A potential solution are PHA bioplastics, biodegradable and produced by bacteria. Unfortunately, because of their costly production process, currently marketed PHA (5-20€/kg) cannot compete with conventional plastics (1-2€/kg) VEnvirotech Biotechnology is a biotechnology start-up founded in April 2018 aiming to offer a solution to the plastic problem by transform organic waste into biodegradable PHA bioplastics while using bacteria. Our innovation relies on the application of biotechnology to organic waste treatment processes at industrial scale to obtain a revalorized product in the form of bioplastic. We have developed two processes: a waste treatment process that uses bacteria to digest organic waste from industrial companies. By inducing feeding and famine cycles to bacteria with the grinded and fermented organic waste, bacteria accumulate PHA bioplastic as energy reserve. This selective pressure process is repeated in our VE-Box a portable processing plant capable of producing high quality PHA biodegradable bioplastics as added-value from organic waste. The bacteria with PHA is taken from the VE-Box to VEnvirotech’s centralized plants to extract, purify and formulate our VE-0plastic. We can reduce by 30% the costs of waste management and by 50% the price of bioplastic. The opportunity in the global waste management market and bioplastics market represents a combined TAM of €447B by 2024. We have defined a commercialization strategy to start in Spain by 2022 and expand to Europe in the following years. By 2024 we expect to have €75M in revenues and a net profit of €11M

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

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