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 on present circumstances and on BASANITE'S and its subsidiaries predictions with respect to events that may have not yet occurred, 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. Content Disclaimer
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
Executive Summary Problems: 1. Heavy Annual Cost of Never-Ending Maintenance and Problems Replacement of Solutions Concrete Structures! 2. Serious Concern of Concrete Failure! 3. Lack of Consistent, Cost Effective Solution!
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 of 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 - Volcanic Rock Aerospace Wind Energy Automotive Most Abundant On the Planet… Basalt Rock… Used today in a variety of influencing Industries; to include Military and Construction 6
Construction Market Alternative Products for Typical Steel in Concrete BasaMesh ™ & BasaFlex ™ 7
Major “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 According to Deloitte CIS Research, Stainless Steel encouraging, and the demand for quality, non- consumption is expected to rise in public infra- corrosive, long lasting and low / no maintenance structure construction; for developing railways, roads reinforcement is growing! Corrosion resistant & highways projects, and Galvanized & Epoxy Coated rebar options available today include Steel together, represent ~40% of all rebar used Galvanized, Epoxy Coated or Stainless Steel ( All today. of which are significantly more expensive than typical black steel ). The construction market is slowly evolving and has unanimously concluded that one of the greatest problems in concrete is Corrosion. [ Unfortunately, Another [temporary] corrosion resistance option, corrosion never goes away, and it only gets worse over which adds costs and time-consuming steps in the time !] This translates to exorbitantly high costs for the construction process, is to employ the use of never-ending maintenance and repair activities special concrete chemicals, coatings or sealers ( or associated with the degradation of concrete often a combination thereof ) to help deter the structures. Arizona State University announced in penetration of moisture and chemicals that 2016 that Corrosion represents $1.3 Billion in Annual compound the corrosive nature of steel. 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 Demand Will Continue Less than 10% of to Grow [~33%] the Global Demand; ~40% of All Rebar is on the World Stage Still ~29 MM Tons Today Treated, Coated @ 40% of NA Demand: or Stainless Steel: ~11.5 MM Tons (25.4 B lbs.) ~130 MM Tons Source: Global Market Insights 10
• $4.5 .5 Trill llion ion Spending nding Require quirement ment • Enviro ronme nmental ntal Competitive Advantages to Repl place ace and Rebu build d Cru rumbl blin ing • Politi itical cal / Tari riff ffs Infrast rastructu cture, re, per ASCE, , by 2025 25! • Effect ective ve Solution ion to Real al Problems blems • Stronger onger • Superior to other FRP’s • Ligh ghter er Wei eight ght • Marke ket / Gov over ernm nmen ent Dema mand nd • Non-Cor Corro rosive ive for Corros osion ion Proof of; ; 50 - 100 Year ar • Less Expensive pensive Life-Cy Cycle cle Concret crete e Structu ctures res • Safer fer and Easie ier » Steel just can’t Compete! to Use 11
Target Applications - Construction Sector In addition to the Noted Advantages of using BFRP, these specific markets are seeking alternatives to traditional steel: ➢ Concrete Containment Structures ➢ Tunneling & Mining ▪ Waste Water Treatment Facilities ▪ Sequential Evacuation or MATM Tunneling ▪ Temporary Reinforcement; Rock Bolts ▪ Swimming Pools; Tanks; Salt Storage Facilities ➢ Concrete Exposed to De-Icing or Marine ➢ Concrete Exposed to High Voltage & Electromagnetic Fields Chlorides ▪ High Voltage Substations; Radio Frequency ▪ Multi-Purpose Panel Systems; Bridges & Sensitive Areas Railings; Median Barriers; Parking Structures ▪ Continuously Reinforced Concrete Paving ▪ Light and Heavy Rail; High Speed Highway Tolling Zones ▪ Precast Elements; Sea Walls, Dry Docks; Port ▪ Hospital MRI Areas; Cable Ducts & Banks Aprons ▪ Aluminum Smelters and Steel Mills ➢ Masonry Strengthening ➢ Architectural Concrete / Stucco & Lighter ▪ Seismic, Hurricane Force Wind, or Blast Weight Elements Strengthening ▪ Strengthening for “Event & Cycle Loading”
Strategic Relationships Major Program Suppliers… 13
Government Customers Trade Associations
Global… TriTek Bio-Regional Systems, LLC Broad-Based; Large Scale Customers Private Label & Brand Distribution Domestic…
>60 MM Linear Feet State of the art Lab (1.829 MM Meters) And Test Equipment Of BFRP Capacity New Facility in Pompano Beach, FL 36,740 sq. ft. 16
For or Inves nvestor tor Re Relat lations: ions: Dave Anderson – EVP/COO 954.532.4653 Ext. 102 DA@BasaniteIndustries.com www.BasaniteIndustries.com 17
Recommend
More recommend
