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SUSTONABLE

financed

From bottle to stone. Recyclable engineered stone for countertops.

SUSTONABLE is a revolutionary thin and ultra-lightweight building material developed and patented by INNSTECH, with the physical look and feel of engineered (quartz) stone. The product has a high scratch and impact resistance. The... see more

31/05/2019

INNSTECH

71K€

Project Budget: 71K€

Project leader

INNOVATIVE TECHNOLOGIES STONE BV No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

PARTICIPATION DEPralty Sin fecha límite de participación.

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Financing granted El organismo H2020 notifico la concesión del proyecto The day 2019-05-31

EIC-SMEInst-2018-2020: SME instrument

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characteristics of the participant

Este proyecto no cuenta con búsquedas de partenariado abiertas en este momento.

Private Information

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2 Participantes

INNSTECH

50.00K€ | Leader

ZAYER

857.92K€ | participant

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Project duration: 4 months Date Start: 2019-01-30
End date: 2019-05-31

Project leader

INNOVATIVE TECHNOLOGIES STONE BV No se ha especificado una descripción o un objeto social para esta compañía.

TRL 4-5

Project Budget 71K€

participation deadline Sin fecha límite de participación.

Project description SUSTONABLE is a revolutionary thin and ultra-lightweight building material developed and patented by INNSTECH, with the physical look and feel of engineered (quartz) stone. The product has a high scratch and impact resistance. The end product weighs 1/3 of current engineered stone while using only 20% of the raw materials. In recent 30 years composite stone has been replacing natural stone in the kitchen. Artificial stone is a factory-made alternative with all the beauty of the natural material and the added benefits of resistance to staining, consistent colour, ease of handling and cutting. It is a fast-growing segment with 400M m2 countertops sold and will continue to gain share from less desirable materials such as HP Laminate worktops, which still represent 50% of the market as the cheapest option. We at INNSTECH have pioneered the way to use recycled PET from plastic bottles and create a thin composite stone-like material that is recyclable with a very efficient process, and still having the desired look, feel and properties of current composite stone. Moreover, we can drastically reduce SUSTONABLE price than comparable materials in the market -up to 50% cheaper than top vendor engineered stone, e.g. Silestone with sales €548M/yr. Our vision is to deliver the next generation stone surface materials ready for the new sustainable circular economy, while positioning SUSTONABLE in the low-cost segment of the market offering the high-quality functional properties of competitors. Having already successfully run our process in a pilot plant, SUSTONABLE has produced approximately 450 slabs of 250x80cm. The business strategy is first to prove the technology in the kitchen market by building and operating a medium scale plant with a capacity of 400,000 m2/year, reaching €12.6 million revenues in 2024. The kitchen countertop leader in NL, Dekker (3500 countertops per week), has signed up as a co-investor in the project with the intention to sell and install SUSTONAB

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