The Revipol project will release on the market new products, based on the development of large size tiles with different finishes, designed for sophisticated customers.
This project’s innovation will allow novelty items to be produced in Portugal. The vision will be projected nation-wide, and is ultimately destined for the international market. With the realisation of the new production lines, based on a strategic orientation of sales growth in external markets, Revigrés strengthens its innovation, in line with the increase of international market demand for surface finished (polished, etc.) and rectified products.
While this project has a strong component of process innovation, sales will reflect the product novelty. The strategy that Revigrés has been developing, in regards to gaining visibility in the international markets, has now allowed it to focus on more sophisticated clients worldwide, by delivering large size tiles in a whole variety of finishes. Regarding the production process, an important investment will be made towards energy efficiency, reduction of machine set-up time, and a better management of materials, which will also allow higher flexibility when producing bigger tiles, as well as various finishes.
The Revipol project was funded by the ERDF within the Thematic Operational Programme Factors of Competitiveness of the QREN (National Strategic Reference Framework), in accordance with the call for proposals Notice no.12/SI/2012, under the Regulation of the System of Incentives for Innovation, attached to Decree no. 1464/2007, of November 15, changed and republished as Decrees 353-C/2009 of April 3, 1103/2010 of October 25 and 274/2012 of September 6.
The investment and grants allocated to the Revipol project amount to:
Total Investment: € 4,268,148.00;
Eligible Investment: € 3,878,198.00;
Refundable Incentive: € 1,745,189.10;
Prize: € 924,403.62.
Expected duration of the project:
Start date: 2013.08.08 – End date: 2015.06.30