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nCrivex

Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

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Page 1: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

nCrivex

Page 2: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Population growth

Page 3: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Food

Page 4: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)
Page 5: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

We do not want pesticides in the food

For public health concerns processed food must be completely free of contaminants.

Responsible for Quality and R&D in a food processing industry

Page 6: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Food with pesticides may pose a risk to public health.

European Food Safety Authority 2015

Page 7: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Edible oil industry

Page 8: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Contaminantsof edible oil

*(max BaP 2.0µg/kg in oils and fats for humanconsumption or use as an ingredient in food) EU Regulation 1881/2006

Polycyclic aromatic hydrocharbons(PAHs)

Pesticides

Regulated*

Page 9: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Oil Contaminants Pesticides

Gerrit van Duijn, Eur. J. Lipid Sci. Technol. 2008, 110, 982–989

Current

Activated Carbons

Page 10: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Oil Contaminants Pesticides

nCrivex

Page 11: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Solution

Contaminant

nCrivex

Engineered structure for perfect match with dimensions of contaminants

Page 12: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Edible Oils Market 77 B €/year

(increased 5.6 % in 2014)

500 M €/year

Purificationexpenses

Vegetable oil refining can be optimized to meet new oil quality standards by using activated carbon for removal of “heavy” contaminants.

Wim De Greyt, R&D Manager, Desmet Bellestra Group (Belgium)

Page 13: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Competitors

Product features / customer benefits

Norit SA 5 PAH-HF

Removal of PAHs, color and other contaminants 100% 100%

Removal of pesticides(single step) 0% 60 – 90%

Ability to adapt to future pesticides NO YES

Customized activated carbons may reach prices up to 70 €/kg.

Henry Nowicki, Consultant in activated carbons, PACLABs, US

nCrivex

Page 14: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Purification with

Higher quality oil

1 L Edible Oil

2 €

Only 0.0021 € extraper 1 L edible oil

So far, I do not know any activated carbon that is able to remove pesticides from

edible oils or deodorizer distillates. That would really be a product of interest.

Wim De Greyt, R&D Manager, Desmet Ballestra Group (Belgium)

nCrivex

Page 15: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Roadmap

Product optimization

1st semester

Scale-up

Production Field Tests

€250 k € 1.5 M

2nd semester 3rd semester 4th semester 5th semester

Proof-of-concept

R&D New products

IP

6th semester 7th semester

Facility deployment

Total funds needed: € 1.75 M

Page 16: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Exit Strategy Trade Sale

Exit Strategy

Trade Sale

Page 17: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

The Future

Sugar & Syrup

Pharmaceuticals

Water

High marginHigh volume

Very high marginLow volume

Medium marginVery high volume

Page 18: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

Ana Sofia Mestre (PhD)Researcher

University of Lisbon

Ana Paula Carvalho (PhD)Assistant ProfessorUniversity of Lisbon

João LourençoSenior Mechanical Engineer

IST, EngiScience

Page 19: Caixa Empreender Award 2016| Green - InovCarbon (Cohitec)

The world needs more food but quality food

[email protected]

inovcarbon