Thanks to funding from the 2021–2027 State Economic Program with funds from the Joint Task “Improvement of Regional Economic Structure” (GRW), we are creating a state-of-the-art production facility at our Flintbek site.
This support enables the conversion of the building, the purchase and installation of production equipment and peripherals, and other measures necessary for commissioning, with funding amounting to 20% of the actual eligible expenses incurred, up to a maximum of €872,896.
In addition, Phi-Stone AG is being funded by the 2021–2027 State Economic Program with funds from the European Regional Development Fund (ERDF) in accordance with the “Guideline of the State of Schleswig-Holstein for the Granting of Subsidies for the Promotion of Operational Innovations (BIF Guideline)” (Official Gazette Schl.-H. 2023 p. 3002).
This funding supports the establishment of semi-automated, highly scaled production in Flintbek.
Specifically, it enables the automation of furnace process execution and documentation, as well as the digitization of production-related documentation and its adaptation to industrial series production – with funding amounting to 40% of the actual eligible expenses incurred, up to a maximum of €192,000.
This will enable us to reliably meet the growing demand for our innovative zinc oxide and expand our production in the long term – for greater technological strength and added value in the north.