Improvement of production capacity of Stealit Ltd

The technical soaps (necessary for production of grease-the main product of the production of Stealit Ltd.),currently purchased from external suppliers,are basic and require lengthy preliminary preparation-sizing,preheating,melting,dilution,which leads to technological time loss,extremely energy-intensive.The company doesn’t have the production equipment necessary for the production of technical soaps,leading to an impossibility of expanding the product range.The soap-processing equipment used is based on old technology,resulting in lower quantity of production, higher production costs,more orders to external suppliers and a need for optimization of the production process;lack of production capacity,capable of meeting the market demand for the company’s products Objectives-With the new soap-processing installation,the company will solve these fundamental problems: -The introduction of waste-free technology -the installation does not generate waste.Tech.soaps are used to produce greases with higher t° resistance,colloidal and mechanical stability,increased absorption capacity and unchanging structural characteristics on a wide scale,reaching max.use of materials,and increased resource efficiency -The new sophisticated technology will optimize the cost norms of input materials (oils,adhesives,additives) by optimizing the ratio of finalized product per ton of raw material -Increased automation and easier process management,increased capacity and productivity with the introduction of the new installation,will allow a larger production volume per time unit, flexibility, and timely adjustments -Expanding the product range in accordance with client requirements and market demand Expected results -Enhanced competitiveness of the company, a stronger presence on national and international markets by way of increased volume of production, optimization of prod.processes, higher productivity,reduction of production costs and improvement of the offered products

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Overview

Status Closed (completion date)
Start date 02 Mar, 2021
End date 02 Mar, 2022
Contract date 02 Mar, 2021
View in UMIS

Beneficiary

Financial information

Total cost 558,000.00
Grant 390,600.00
Self finance 167,400.00
Total paid 0.00
EU participation percent 85.0%

Location