On December 23, 2024, ECOINVEST Ltd commenced the implementation of Grant Agreement No. BG16RFPR001-1.003-0535-C01, awarded under procedure BG16RFPR001-1.003, "Implementation of Innovations in Enterprises," as part of the "Competitiveness and Innovation in Enterprises" Programme 2021–2027. The project implementation period is 15 months.
The total value of the project activities amounts to 1,777,000.00 BGN, with the total amount of the grant aid being 45%, or 799,650.00 BGN.
The project proposal aims to implement and bring to market a product innovation for the high-quality recycling of sorted polymer waste, achieved by color-separating the shredded input waste material. The overall objective of the project is the commercialization of an innovative product: recycled polymer flakes—specifically transparent and white—separated by color from the mixed waste stream. The planned innovative product falls within a priority area of the Innovation Strategy for Smart Specialization (ISIS)—namely, "Zero-waste technologies and methods for integrating waste products and materials from industrial processes into other production activities and services"—which is part of the thematic domain "Clean Technologies, Circular and Low-Carbon Economy."
The implementation of the innovation within the enterprise aims to achieve the following results:
– Increasing the utilization of waste polymers within the enterprise by 20%, which will result in improved competitiveness and lead to the further development of innovative models and practices within the company.
– Improving the quality of products derived from waste polymers—which are sold to other manufacturing sectors—by separating white and colorless flakes from the rest; these materials have the most significant applications in various types of new products and are best suited for integration into highly efficient circular models for the recovery of waste polymers and their incorporation into other manufacturing processes and services.
– Ensuring high production capacity, enabling the quality processing of waste polymers for sale on domestic and international markets, and serving as a basis for new production.
The implementation of this project proposal will create the necessary conditions for the successful market introduction of an innovative product—color-sorted polymer flakes—intended to serve as a raw material for a wide variety of future manufacturing processes.
