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PAPER SOLUTIONS SIGNED

PAPER SOLUTIONS: Providing the switch from plastic to paper packaging

Total Cost €

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EC-Contrib. €

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Partnership

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 PAPER SOLUTIONS project word cloud

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

consumers    commercialized    fishing    recycled    feasibility    plastic       jobs    sitma    inputs    produces    meet    seriously    newspapers    influencing    financial    waste    human    m2    global    quantities    54    secure    industry    throughput    retrofit    environment    advantages    banned    sustainable    islands    plastics    innovative    invested    2023    3d    developer    loyalty    ultimate    60m    suite    mature    environmentally    conduct    compatible    cagr    killing    profit    paper    size    single    customer    4b    france    firms    standardize    8m    never    tons    yearly    27    technologies    machinery    stimulating    customers    losses    biodiversity    health    competitor    wrapping    sales    market    solutions    roi    project    packaging    dumped    2b    input    certain    upgrades    patch    completion    benefit    alarming    6m    gather    magazines    replacing    materials    commercial    strength    40    items    times    convert    causing    garbage    pacific    2017    species    conscious    ocean    bio    cleaner    cover    machines    compliment   

Project "PAPER SOLUTIONS" data sheet

The following table provides information about the project.

Coordinator
SITMA MACHINERY - SPA 

Organization address
address: VIA VIGNOLESE 1910
city: SPILAMBERTO
postcode: 41057
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 Italy [IT]
 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 2020
 Duration (year-month-day) from 2020-01-01   to  2020-04-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    SITMA MACHINERY - SPA IT (SPILAMBERTO) coordinator 50˙000.00

Map

 Project objective

Alarming plastic waste growth is seriously affecting biodiversity and human health. Of 9.2B tons of plastic ever produced, 6.2B tons has never been recycled. 8M tons of plastic are dumped into the ocean yearly, creating islands of plastic waste, such as the 1.6M m2 great pacific garbage patch, 3 times the size of France. Plastic waste is killing ocean species and causing €60M in losses to the fishing industry. Thus the EU banned certain plastics, stimulating the development of bio plastics, which are not yet mature to meet the quantities needed. To compliment bio plastics, Sitma Machinery, developer of packaging solutions, has developed a suite of innovative retrofit technologies, PAPER SOLUTIONS, to convert plastic packaging machinery to paper packaging. 40% of all plastic produced are single use, such as packaging used by magazines and newspapers firms, who are our target market. Paper is sustainable and PAPER SOLUTIONS has advantages over existing paper wrapping machines; only upgrades plastic packaging machinery without replacing the whole system, compatible with our competitor’s plastic packaging machinery, produces packaging that has same strength as plastic, can package 3D items, higher throughput and process other packaging materials. Our target market is the global packaging industry which is expected to reach €54.4B at a CAGR of 6.7% from 2017 to 2023. Today, we have commercialized one retrofit for specific customer needs and the ultimate project objective is to standardize our technology to cover various market needs. Thus, in Phase 1 we will conduct a Feasibility Study to gather input main technical, commercial and financial inputs influencing the project. Our project will ensure cleaner environment, while our customers will benefit sales growth from increased loyalty of environmentally conscious consumers. It will secure €27.6M in profit, 9 jobs and a ROI of 10.6 per euro invested in 5 years for Sitma Machinery after completion.

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

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