Content Disclaimer Table of Contents Executive Summary Company - - PowerPoint PPT Presentation
Content Disclaimer Table of Contents Executive Summary Company - - PowerPoint PPT Presentation
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and
Content Disclaimer
Except for statements of historical fact, this document contains certain "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995, including, without limitation expectations, beliefs, plans and objectives regarding the development, use and marketability of products and partnerships, as well as potential sales and transactions the Company (BASANITE, INC.) and its subsidiaries may be considering or may have closed. Such forward-looking statements are based
- n present circumstances and on BASANITE'S and its subsidiaries predictions with respect to events that may have not yet
- ccurred, that may not occur, or that may occur with different outcomes and timing than those now assumed or anticipated.
Such forward-looking statements involve known and unknown risks, uncertainties and other factors, and are not guarantees of future performance or results and involve risks and uncertainties that could cause actual events or results to differ materially from the events or results expressed or implied by such forward-looking statements. Such factors include general economic and business conditions, the ability to successfully develop and market products, consumer and business consumption habits, the ability to fund operations, reliance on representations from third parties that may not execute as planned, development of new markets, ability to meet demand, and other factors over which BASANITE has little or no control. Such forward-looking statements are made only as of the date of this release, and BASANITE assumes no obligation to update forward-looking statements to reflect subsequent events or circumstances. Readers should not place undue reliance on these forward-looking
- statements. Risks, uncertainties and other factors are discussed in documents filed from time to time by BASANITE with the
Securities and Exchange Commission. This document does not and shall not constitute an offer to sell or the solicitation of any offer to buy any securities. For additional information and potential risk factors, readers should review BASANITE’s filings with the Securities and Exchange Commission, which can be found at www.sec.gov.
Table of Contents
- Executive Summary
- Company Leadership
- Basalt Rock
- Competitive Advantages
- Market Size, Channels & Targets
- Strategic & Customer Relationships
- Facilities & Production Capabilities
- 36 Month [Conservative] Revenue Projections
Problems:
- 1. Heavy Annual Cost
- f Never-Ending
Maintenance and Replacement of Concrete Structures!
- 2. Serious Concern of
Concrete Failure!
- 3. Lack of Consistent,
Cost Effective Solution!
Executive Summary
Problems Solutions
Executive Summary Narrative…
Basanite Industries, LLC is a startup business headquartered in Pompano Beach, FL, and was formed to meet the market opportunity, and increased acceptance and use of FRP’s in civil, precast and general construction. Basanite is positioning itself to be the leading resource, manufacturer and market developer of high-performance Basalt Fiber Reinforced Polymers (BFRP) – with its primary focus on the construction market. Industry studies are predicting double digit compound annual growth rates for Basalt products through 2026, with North America consuming ~40% of that
- demand. This growth is driven by a strong demand for lighter weight, corrosion
proof materials for general construction and infrastructure. Supporting this growth are unlimited deposits of the most common rock in the world – Basalt. Additionally, the construction industry is now seeking materials that are sustainable for a minimum of 50 years, with a real desire for sustainable performance lasting more than 100 years! In either case, this eliminates the use
- f traditional black steel as reinforcing rebar, and forces the specification and
design communities to seek defendable alternatives like BFRP Rebar to meet this need.
Basalt Rock…
6
Basalt - Volcanic Rock Most Abundant On the Planet…
Aerospace Wind Energy Automotive Used today in a variety of influencing Industries; to include Military and Construction
Construction Market
Alternative Products for Typical Steel in Concrete
BasaMesh™ & BasaFlex™
7Major “BasaFlex™” Advantages
➢ 100% Non-Corrosive / Rust Proof
▪ Eliminate Ongoing Costly Maintenance & Replacement from Steel Corrosion ▪ Significant Lifecycle improvement when compared with steel
➢ Exceptionally High Strength to Weight Ratio [2.5 X Greater then Steel] ➢ 25% of the Weight of Steel
▪ Delivers Significant Savings on “In Place” Costs ▪ Much Safer; with Ease of Application and Installation
➢ Transparent to Magnetic Fields and Radar Frequencies ➢ Electrically and Thermally Non-Conductive ➢ Shapes and Bends are Available ➢ Engineering for All Projects
8
Const struction ruction Marke rket t – Narrative rative & Our Right ht to Succ cceed eed
The Construction Market’s outlook is very encouraging, and the demand for quality, non- corrosive, long lasting and low / no maintenance reinforcement is growing! Corrosion resistant rebar options available today include Galvanized, Epoxy Coated or Stainless Steel (All
- f which are significantly more expensive than
typical black steel). According to Deloitte CIS Research, Stainless Steel consumption is expected to rise in public infra- structure construction; for developing railways, roads & highways projects, and Galvanized & Epoxy Coated Steel together, represent ~40% of all rebar used today. Another [temporary] corrosion resistance option, which adds costs and time-consuming steps in the construction process, is to employ the use of special concrete chemicals, coatings or sealers (or
- ften a combination thereof) to help deter the
penetration of moisture and chemicals that compound the corrosive nature of steel. The construction market is slowly evolving and has unanimously concluded that one of the greatest problems in concrete is Corrosion. [Unfortunately, corrosion never goes away, and it only gets worse over time!] This translates to exorbitantly high costs for the never-ending maintenance and repair activities associated with the degradation of concrete
- structures. Arizona State University announced in
2016 that Corrosion represents $1.3 Billion in Annual Spending (just for Maintenance, Repair) and north of $400 Billion when you add in the “Replacement” aspect, in North America alone! These negative trends and influences, which are today’s reality, are also some of our greatest opportunities for success!
Global Steel Rebar Market: ~$130 B
10
Source: Global Market Insights
~40% of All Rebar is Treated, Coated
- r Stainless Steel:
~130 MM Tons Demand Will Continue to Grow [~33%]
- n the World Stage
Less than 10% of the Global Demand; Still ~29 MM Tons Today @ 40% of NA Demand: ~11.5 MM Tons (25.4 B lbs.)
11
- Stronger
- nger
- Ligh
ghter er Wei eight ght
- Non-Cor
Corro rosive ive
- Less Expensive
pensive
- Safer
fer and Easie ier to Use
Competitive Advantages
- $4.5
.5 Trill llion ion Spending nding Require quirement ment to Repl place ace and Rebu build d Cru rumbl blin ing Infrast rastructu cture, re, per ASCE, , by 2025 25!
- Effect
ective ve Solution ion to Real al Problems blems
- Superior to other FRP’s
- Marke
ket / Gov
- ver
ernm nmen ent Dema mand nd for Corros
- sion
ion Proof
- f;
; 50 - 100 Year ar Life-Cy Cycle cle Concret crete e Structu ctures res » Steel just can’t Compete!
- Enviro
ronme nmental ntal
- Politi
itical cal / Tari riff ffs
Target Applications - Construction Sector
➢Concrete Containment Structures
▪ Waste Water Treatment Facilities ▪ Swimming Pools; Tanks; Salt Storage Facilities
➢Concrete Exposed to De-Icing or Marine Chlorides
▪ Multi-Purpose Panel Systems; Bridges & Railings; Median Barriers; Parking Structures ▪ Continuously Reinforced Concrete Paving ▪ Precast Elements; Sea Walls, Dry Docks; Port Aprons
➢Masonry Strengthening
▪ Seismic, Hurricane Force Wind, or Blast Strengthening ▪ Strengthening for “Event & Cycle Loading”
➢Tunneling & Mining
▪ Sequential Evacuation or MATM Tunneling ▪ Temporary Reinforcement; Rock Bolts
➢Concrete Exposed to High Voltage & Electromagnetic Fields
▪ High Voltage Substations; Radio Frequency Sensitive Areas ▪ Light and Heavy Rail; High Speed Highway Tolling Zones ▪ Hospital MRI Areas; Cable Ducts & Banks ▪ Aluminum Smelters and Steel Mills
➢Architectural Concrete / Stucco & Lighter Weight Elements
In addition to the Noted Advantages of using BFRP, these specific markets are seeking alternatives to traditional steel:
Strategic Relationships
Major Program Suppliers…
13
Government Customers Trade Associations
Broad-Based; Large Scale Customers Private Label & Brand Distribution
Global… Domestic…
TriTek Bio-Regional Systems, LLC
16
New Facility in Pompano Beach, FL
36,740 sq. ft.
State of the art Lab And Test Equipment >60 MM Linear Feet (1.829 MM Meters) Of BFRP Capacity
17
For
- r Inves
nvestor tor Re Relat lations: ions:
Dave Anderson – EVP/COO 954.532.4653 Ext. 102 DA@BasaniteIndustries.com www.BasaniteIndustries.com