Investment in a production line for a new environmentally friendly product using innovative resource

Project facts

Project promoter:
Bio Beauty Ltd(BG)
Project Number:
BG-INNOVATION-0073
Status:
In implementation
Initial project cost:
€72,300

More information

Description

Bio Beauty Ltd., established in August 2018, is a cosmetics startup known for its natural and organic product range, comprising over 50 in-house developments, rigorously tested for emulsion stability. Notably, in May 2022, the company secured a ten-year EU trademark, "BIOMILI," marking a significant achievement in the cosmetics industry.

In line with its commitment to green practices, Bio Beauty Ltd. is set to invest in an eco-friendly production line, featuring a purified water production system and an ultrasonic welding tube-filling machine. This strategic move will boost the company''s competitiveness and, more importantly, have a substantial positive environmental impact.

The environmental benefits of this project include replacing traditional laminate tubes with fully recyclable alternatives made from sustainable materials like reed, rice, and bamboo, significantly reducing environmental waste. Furthermore, the new equipment will lead to reduced energy consumption, resulting in notable energy savings.

Overall, this project showcases Bio Beauty Ltd.''s dedication to sustainability and growth, emphasizing the company''s contribution to a greener future.

 

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.