Majority of high value ingredients are still manufactured using the same method as was used by ancient Egyptians. It requires extensive boiling of plants in vast amount of fresh water. In the process the heat destroys some of the fragile extract (for example scent and antioxidants). Water usually is not recycled, creating reliance on a scarce resource. Some ingredients are extracted from plants using chemical solvents, like hexane, which are flammable toxic and harmful for environment. For some uses these solvents are already banned.
The most advanced and clean-tech method is to use compressed carbon dioxide (CO2) as an extraction solvent. It is safe and gives high quality products without impurities and thermal damage, they are also much more valuable. For example, lavender extract is twice more valuable if obtained using CO2 extraction. Unfortunately, the cost and complexity of this process is still a barrier for SMEs to adopt this clean-tech.
We see a strong need for a technology that can:
• Produce high quality ingredients without traces of harmful solvents;
• Be flexible in the feedstock choice and allow experimenting with various products;
• Be available (affordable) to a wide range of larger and smaller companies.
Uniqueness, Technology overview, barriers to competition
Our unique differentiation point is being able to operate off-the-grid and being mobile. These features are possible due to proprietary engineering designs of our equipment and the fact that we fabricate it ourself. Not only we achieved outstanding efficiency in comparison to all Western world competition, but we can offer our equipment as a service on demand.
Market size and analysis
The market for high-value flavours and fragrances is growing ($26bn with 7% annual growth) and so too is the demand for natural ingredients with a transparent origin. Indeed, the number of niche perfume makers quadrupled in the last 10 years with the focus on personalised, natural and exotic aromas. This growth has driven a strong need for a technology that can:
1. Produce high quality ingredients without traces of harmful solvents.
2. Be flexible in the feedstock choice and allow experimenting with various products.
3. Be available to a wide range of larger and smaller companies.
We will target hemp market too both for CBD and THC extraction, the market is $2bn with 700% growth projection.
|First Name||Last Name||Job Title||Impressive Facts|
|Alexander||Novitskiy||Managing Director||PhD in chemical engineering 7+ years in financial sector Hands-on project management|
|Sergey||Soshin||Technical Director||PhD engineering 10+ years of mechanical engineering 10+ years of inventing high pressure equipment|
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