Strengthening the competitiveness of Chemical products LTD through increasing of production and export capacity

The project proposal aims to increase the production capacity of Chemical products Ltd. for two products: pipe section insulation Isolpipe and product for hydroponic growing of vegetables IsolAgro. This will be implemented through purchasing, delivery, mantling and comissioning of two highly automated machines for the following workshops: "Facing of pipe section insulation" and "Hydroponic products". The project will be implemented in the company's own production base, which is located in Yambol. The expected implementation time is 12 months. Following the implementation of the envisaged activities it is expected to reduce the use of old technologies and equipment for production processes, to reduce production costs for these two products and to increase production capacity to meet market demand volumes. From a strategic point of view, this will increase the company's competitiveness in the realization of its production on the European and world market. The project team will also implement the necessary publicity and awareness measures in accordance with the rules of Annex XII to Regulation (EC) No 1303/2013.

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Overview

Status Closed (completion date)
Start date 21 Feb, 2020
End date 21 Feb, 2021
Contract date 21 Feb, 2020
View in UMIS

Financial information

Total cost 160,401.54
Grant 112,281.08
Self finance 48,120.46
Total paid 0.00
EU participation percent 85.0%

Location