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1. The Challenge

1. The Challenge. Recycling and green procurement…. Block-making. Pre-cast concrete. Pre-mix concrete. Screeds. Geotech Fill.

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1. The Challenge

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  1. 1. The Challenge Recycling and green procurement… Block-making Pre-cast concrete Pre-mix concrete Screeds Geotech Fill Lighter, stronger, much lower water absorption; lower structural and foundation costs; improved manual handling, thermal and acoustic performance; sold to BS EN 13055 Novagg by Claylite Aggregates Limited - www.novagg.co.ukCleantechInnovate, London January 2014

  2. 2. The Solution: Novagg Structural Lightweight Aggregate from Waste the world’s ‘greenest’ structural lightweight aggregate - 98% waste content - market leading specification - international patent application - an extremely sustainable and versatile material Claylite Aggregates Novagg by Claylite Aggregates Limited - www.novagg.co.ukCleantechInnovate, London January 2014

  3. 3. The Team Mike Evans (inventor) Bert Bingham (project manager) Mike Eberlin (process and markets) Novagg by Claylite Aggregates Limited - www.novagg.co.ukCleantechInnovate, London January 2014

  4. 4. Risks and Mitigation • International patent application filed • Partnering (suppliers and customers) • Long term contracts • Price competition • Specification • Compliance and accreditation • Extensive rigorous testing Novagg by Claylite Aggregates Limited - www.novagg.co.ukCleantechInnovate, London January 2014

  5. 5. Financials • Over £1M spent to date • Gate fees agreed in advance • Confirmed market sales price: £30-£50/m3 • Indicative IRR 25% • Payback year 4 • Seeking £350K development funding round for next 6 months • £15M capex funding (18 months to commissioning) • Scaleable – global licensing opportunity Novagg by Claylite Aggregates Limited - www.novagg.co.ukCleantechInnovate, London January 2014

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