The intention of INGAS COMMERCE Ltd to implement a demonstration project in the field of waste management is prompted by the recognized need and identification of a market related to the utilization of vegetable edible oils (such as kitchen waste). The project will be implemented through the implementation of an investment-related purchase, installation and commissioning of a Plant for Physico-Chemical Processing of Vegetable Oils (vacuum distillation installation). The investment is directly related to the creation of the necessary prerequisites for the implementation of a demonstration project in the field of waste management. The project is aimed at meeting the needs for separate collection of used vegetable oils and fats from households and food establishments, as well as their recycling and preparation for their use as raw material for the production of paint, varnishes and more. The target groups are households and food establishments. The management of the company has made its analyzes of the market, risks, competition and has identified a high potential for successful implementation of the demonstration project. The company will perform the following activities for the successful implementation of the demonstration project: -Implementation of a demonstration project -Campaign to promote the results of the project -Project organization and management -Information and communication Ingas Commerce envisages the creation of distribution channels, tailored to the specific requirements and peculiarities of the indoor and outdoor environment. The project will lead to a positive environmental impact, social impact, sustainable development in a new line of business, creating job stability and creating prerequisites for the creation of new ones. Ingas Commerce aims to provide high value added services in the organization, separate collection and recycling of vegetable oils to people and the general public through a direct focus on environmental protection.
Overview
Status | In execution (starting date) |
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Start date | 22 Feb, 2022 |
End date | 22 Jan, 2024 |
Contract date | 22 Feb, 2022 |
Programme
Beneficiary
Financial information
Total cost | 640,892.42 |
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Grant | 364,447.62 |
Self finance | 276,444.80 |
Total paid | 0.00 |
EU participation percent | 85.0% |
Location