Pre-cast concrete Pre-mix concrete Block-makingScreeds Geotech Fill 1. The Challenge Novagg by Claylite Aggregates Limited - CleantechInnovate, London January 2014 Lighter, stronger, much lower water absorption; lower structural and foundation costs; improved manual handling, thermal and acoustic performance; sold to BS EN Recycling and green procurement…
2. The Solution: Novagg Novagg by Claylite Aggregates Limited - CleantechInnovate, London January % waste content - market leading specification - international patent application - an extremely sustainable and versatile material Claylite Aggregates Structural Lightweight Aggregate from Waste the world’s ‘greenest’ structural lightweight aggregate
Mike Evans (inventor) Bert Bingham (project manager) Mike Eberlin (process and markets) 3. The Team Novagg by Claylite Aggregates Limited - CleantechInnovate, London January 2014
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 - CleantechInnovate, London January 2014
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 - CleantechInnovate, London January 2014