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Pre-cast concrete Pre-mix concrete Block-makingScreeds Geotech Fill 1. The Challenge Novagg by Claylite Aggregates Limited - www.novagg.co.uk CleantechInnovate,

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Presentation on theme: "Pre-cast concrete Pre-mix concrete Block-makingScreeds Geotech Fill 1. The Challenge Novagg by Claylite Aggregates Limited - www.novagg.co.uk CleantechInnovate,"— Presentation transcript:

1 Pre-cast concrete Pre-mix concrete Block-makingScreeds Geotech Fill 1. The Challenge Novagg by Claylite Aggregates Limited - www.novagg.co.uk 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 13055 Recycling and green procurement…

2 2. The Solution: Novagg Novagg by Claylite Aggregates Limited - www.novagg.co.uk CleantechInnovate, London January 2014 - 98% 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

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


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