As result of the interaction between metallic materials and the surrounding environment, a destructive oxidation process occurs -corrosion- representing a high concern, in several industries. It is estimated that an average of 701B€ per year are spent to solve problems related with corrosion, only in Europe. Current solutions represent small savings of 15% of global costs of corrosion (CoC). The most widely used are the application of protective organic coatings + additives, or metallic coatings. However, these solutions have a low protective capacity, resulting in low efficient options that require additional maintenance operations, and, consequently, increased costs. Furthermore, these solutions release toxic components to the environment.
Smallmatek – Small Materials and Technologies (SMT), has since 2010 successfully managed to develop the ADDPRIME®, a solution based on a patented technology that protects metals from the corrosion, while mitigating the above-mentioned problems. ADDPRIME® is an innovative and easy-to-use nanotechnology that brings anti-corrosive characteristics to coatings, increasing in 6 times the metals corrosion resistance. Moreover, our solution based in a patented technology, requires less consumption of additives (up to 5 times) and brings less danger to the environment and human health, with up to 3 times less toxicity than the current solutions. This will result in decreasing maintenance costs up to 60% and coatings costs up to 27%.
The overall objectives are to identify suitable 2 target markets. Identify 3-5 potential customers in those target markets and validate their needs and willingness to pay for ADDPRIME. Adjust the porduct criteirias to this needs and enhance the application range of ADDPRIME. Presnet a Business Plan and future steps.
