Fiber reinforced composites, mainly composed by fibers and resins, are widely used in many applications (wind blades, boats, planes, some cars...) and its use is increasing 12% every year. However these materials, besides these good characteristics, have three main problems. Composites are causing a high environmental impact, they are very hard to recycle and a high management cost. Composites producers pay a high price mainly due to the high prices of the carbon fibers. Waste generators pay high management cost (700€/Tn waste), and they are not complying with the European Union's recommendations on circular economy. That’s the reason why composite materials are nowadays dump in landfills, wasting a valuable resource and causing a global environmental problem.
Uniqueness, Technology overview, barriers to competition
The use of this tech will save a high amount of CO2 to the atmosphere, avoiding the manufacturing of new fibers. In 5 years TRC tech will save 26 MTons of CO2 to the atmosphere.
Market size and analysis
With an annual growth of more than 12% and a global market of 2.5 billion euros, composites are one of the materials of the future. Companies pay high prices for fibers, especially carbon ones, moreover, these fibers have a high carbon footprint.
TRC has started its implementation in the wind sector (our Beachhead market). Wind industry has generated 300,000 blades in EU, that are already dumped in landfills and every year wind industry generates around 40,000 blades more.
|First Name||Last Name||Job Title||Impressive Facts|
|Oriol||Grau||CEO||Degree in Business Administration, MBA. 15 years’ experience in management.|
|Ruth||Castellar||CFO||Master Degree on Account Management and Management Control, 19 years’ experience in management.|
|Felix||López||COO||PhD in Chemistry. 25 years’ experience in researching and developing.|
Ask, use of proceeds, milestones
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