AIMPLAS reports 14% revenue increase

Plastic research center AIMPLAS says that it ended 2019 with €13.3million in revenue, a 14% increase over 2018.

According to a calculation of the center’s social return on investment, for every euro invested, AIMPLAS gave back €7.20 to society.

In 2019, AIMPLAS also had its sustainability report verified by the Global Reporting Initiative (GRI), an independent organization that quantities sustainability reports.

Of the €13.3 million in revenue in 2019, 73% came from a total of 226 R&D projects, 62 of which were international in scope. In total, 493 companies (298 SMEs) participated in these projects and earned a return of €30.8 million in direct aid to finance their R&D activities, AIMPLAS said. By sector, 34% were companies in packaging, 19% in recycling, 15% in the automotive and transport industries, 10% in construction, 8% in the health sector, 5% in the electrical-electronic sector, 4% in agriculture, and 2% in aeronautics.

The centre’s other revenue in 2019 came from 6,094 services and assessments carried out (which accounted for 20% of this revenue) and training activities: 183 courses and workshops amounting to 3,195 hours attended by nearly 2,800 professionals from 1,226 businesses (which accounted for 5% of this revenue).

This story uses material from AIMPLAS, with editorial changes made by Materials Today. The views expressed in this article do not necessarily represent those of Elsevier.