Support for development of innovative green products by recycled plastic waste for the construction

Project facts

Project promoter:
Wasteful Ltd.(BG)
Project Number:
BG-INNOVATION-0072
Status:
In implementation
Initial project cost:
€79,900
Donor Project Partners:
International Development Norway AS(NO)

More information

Description

Established in early 2021, "Wasteful" Ltd. is a promising startup with a distinctive vision: "Turning waste into infrastructure." The company''s core mission revolves around supplying locally manufactured recycled building materials to architectural firms, developers, construction companies, and individual customers. Wasteful Ltd. transforms waste materials into building components that combine durability with proven functional and aesthetic qualities.

This project finds its inspiration in the aspiration to establish itself as an environmental steward, specifically by pioneering the development of construction products crafted from recycled plastics. The primary objective of this endeavor is to manufacture three distinct types of construction elements using both non-recyclable and recycled plastics, which would otherwise go to waste. The project''s focus areas encompass the production of 1) Pavers, 2) Tiles, and 3) Facade Elements. Notably, the innovation embedded in this project requires less space and lower initial investment compared to traditional concrete manufacturing processes. Wasteful Ltd. employs a proprietary coating that enhances the quality of its products, surpassing conventional stone pavement in various aspects.

By introducing sustainable building materials and minimizing the environmental impact of plastic waste, Wasteful Ltd. aims to revolutionize the construction industry, reduce waste, and promote a greener, more responsible approach to infrastructure development. This project signifies the company''s dedication to creating a lasting, positive change in the construction sector.

Furthermore, this project will contribute to strengthening the bilateral relations between Bulgaria and Norway. The artnership between Wasteful and International Development Norway is B2B cooperation which hopefully will lead to strengthening of the bilateral relations between Norway and Bulgaria, as well as a useful exchange of industry know-how.

Information on the projects funded by the EEA and Norway Grants is provided by the Programme and Fund Operators in the Beneficiary States, who are responsible for the completeness and accuracy of this information.