Funded by the European Union – Next Generation EU
Composite Research Ltd. is an innovative SME consisting of 8 employees. In this project, it acts as the lead and sole competitor. CoRe’s core business is based on product innovation and the development processes of the same. Within its operations, it offers a wide range of activities in the chemical-engineering field as well as technological and material research. Its target market is mature and well-defined, with clear short- and medium-term needs.
In the case of this specific project – Patch Madflex® – the target market is the repair of the European gas distribution network, but CoRe does not rule out expansion into other markets. The strategy involves continuous improvement and development of its product through research and development activities and also the introduction of the product into new application areas. The company’s forecast for the coming years is more than positive, indicating significant growth values for the service provided with a cross-impact.
The Patch Madflex® project stems from CoRe’s focus on environmental and social issues and the need to address a significant problem such as methane gas leakage along transport lines. When discussing high supply costs, one must consider why the requested supply quantity is so high. Similarly, when we hear about climate change today, we should also focus on the transport line of such an essential commodity. Significant leaks have been detected that impact economically, socially, and environmentally. The market today offers solutions with a low application range that reduce the leakage problem but increase costs and inconveniences. Patch Madflex® acts instead as a sort of patch on the pipeline damage, does not require interventions, and can be applied with maximum safety as it has no polluting chemical components. The reduced timeframes and ease of application ensure that repair costs decrease while maintaining quality and durability. The scenario in which the project is set sees various entities in the field that, according to laboratory results, do not guarantee the resolution of the critical issues. The market is also characterized by a few but large groups that hold high percentages of distribution network management, including Italgas, already a partner of CoRe.
Patch Madflex® qualifies as innovative for its application methods. Usually, when discussing repairs related to gas pipelines, one must also consider all the surrounding factors, such as supply interruptions, work, high costs, and specialized labor. With the use of Patch Madflex®, however, costs and times are drastically reduced. The product does not require a supply interruption to carry out the repair and allows personnel to perform the repair in a single intervention. Patch Madflex® is also usable on any type of pipeline, regardless of the material it is made of and its size.
What Composite Research offers is:
– Quality
– Support for socio-environmental issues
– Savings
Funded by the European Union – Next Generation EU
Don’t miss any updates on tenders, job openings, and CIM news directly in your feed.
"*" indicates required fields