Cellulose flakes for thermal insulation are produced today in dedicated plants with a relatively high fixed investment required. Base material is recycled newsprint with a significant percentage (>15%) of blank paper. Boron salts are a product with several hazards and are required to provide flame retardant and anti mold properties. Material is stored in plastic bags of relatively low density with high transportation cost. Final installation activity requires one dedicated resource, working in a dusty environment, to continuously refill a blowing machine.
Market size and analysis
The global thermal insulation market is an $18 billion industry (Frost & Sullivan). While polyurethane, polystyrene and mineral wool represent the largest market shares, the cellulose segment (12%) has demonstrated the highest annual growth rates in recent years. In response to aggressive building code requirements, building certification and rating programs, and changing consumer preference, the market is demanding more easy-to-install, environmentally-friendly insulation products with greater moisture and fire resistance. Enerpaper’s 100% recycled, cellulose fiber, blow-in insulation is uniquely positioned to meet the market’s demands.
|First Name||Last Name||Job Title||Impressive Facts|
|Davide||Contu||CEO||experience in start-up|
|Giandomenico||RE||CFO||experience in strategic consultancy|
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