1
Chemmet LLC Fiber project
High-strength amorphous metallic fiber for
concrete reinforcement

• Project Leader- Karamyshev Sergey
• RD Leader Tolochko Oleg, D.Sci., Prof.
• mob.[phone] www.himmet.ucoz.ru
  ooo-himmet_at_rambler.ru

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Challenge Assessment
Chemmet LLC Fiber project

• Customer problem

Concrete
Low tensile and bend strength

• ! Reinforcement is necessary !

• Disadvantages
• Low efficiency
• corrosion
• labor cost
• high termo conductivity

traditional solution
Steel bars
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Solution Overview
Chemmet LLC Fiber project

• Technology
• Process stages
• Alloy melting
• High-speed casting on the rotating drum
  (spinning- process)
• Mixing with concrete (in standard mixer on
  construction-site)
• Result
• High-strength fibers (2000 4000 MPa)

4
Solution Overview
Chemmet LLC Fiber project

• Functionality
• High-strength (2000 4000 MPa instead 200-300
  MPa for steel bars)
• flexibility, safety
• corrosion resistance
• Customer value
• material and labor cost saving on reinforcement
  work (up to 25-30)
• work acceleration

5
Market Information
Chemmet LLC Fiber project

• Market of steel fiber
• European up to 250 000 ton/year
• Russian up to 25 000 ton/year
• Russian market leader Kurganscalmost - average
  production 8 000 ton/year
• Price
• From ?? 30 000 RUR (900 Euro) /ton (Russian steel
  wire fiber),
• To 400 000 RUR (9000 Euro) /ton (amorphous fiber
  Fiberflex, France).

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Overview On Competitionordinary fibers
Chemmet LLC Fiber project
Cuttered steel fiber d 0,1-0,15 ??, l 32 mm
Kurganscalmost, Russia, Harex, Germany
Wire steel fiber
BMZ,Belorussia, Severstal-Metiz, Russia
Polymer and celluloze fiber
Recem ??, Germany, distributed by TD
Evrohim-1, Russia
Competition based on unique properties of our
product
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Overview On Competitionamorphous fibers
Chemmet LLC Fiber project
FibraflexTM , SEVA, France

• Strength - 1400 1800 MPa
• Price up to 400 000 RUR (9000 Euro)/ton

• Competition based on high quality and low
  priceses of our product
• Strength - 2000 up to 4000 MPa
• Price up to 150 000 RUR (3000 Euro)/ton

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Business Model
Chemmet LLC Fiber project

• Product - amorphous fiber
• Main customer segments
• industrial floor makers (70 of fiber market),
• industrial concrete construction producers
• dry concrete premix producers
• Reasons to buy
• unique properties (high strength, non- corrosive,
  non-abrasive, safe in use
• reasonable low price

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Market Entry
Chemmet LLC Fiber project

• Geographical areas
• Russia (North-West and Central region, Moscow)
• Europe (Finland and Scandinavia, Baltic
  countries, Eastern Europe)
• CIS countries
• Finland the best way to technology transfer of
  innovation from Russia to EU
• Delivery Channels
• B2B sales
• Service Providers
• regional dealers in main target regiones

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Other Fundamentals
Chemmet LLC Fiber project

• Management Team Overview
• Chemmet LLC Russian start-up company for the
  project
• Project Leader- Karamyshev Sergey Chemmet LLC
  100 owner and director.
• General and Production management, investment,
  product sertification.
• RD Leader Tolochko Oleg, D.Sci., Prof.
• Alloy composition and production technology
  research and development, IP protection.
• CFO Tantsura Alexander
• financial analysis, budget, accounting,
  investment proposal.
• Product manager Vasiljeva Ekaterina, Ph.D.
• product marketing research, customer relationship
• The team has positive experience of mutual
  research work in hi-tech business.

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Other Fundamentals
Chemmet LLC Fiber project

• IPR Overview
• Know-how in the amorphous alloy technology,
  based on Prof. Tolochko 20-years research
• 1 Patent (RU 99004)
• fiber surface treatment

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Risks
Chemmet LLC Fiber project
Importance
Sales/Rates, Branch, Industry, Efficity/Productivity, Environment Competitors, Regulatory, Quality
ITIP Security, Fraud, Protection of Labour, Finance Reports, Measuring/Monitoring, Shareholder Relation Protecting of Assets, Currency, Taxes
Probability
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Risks
Chemmet LLC Fiber project
Risks Level Control activities
Overproduction of products, sale problems high Separate evaluations, planning sessions
Output of low-quality products high Audit of quality, ongoing monitoring
Output of too expensive products medium Ongoing monitoring, performance indicators
Lack of patents or licenses (IP) medium Separate evaluations
Industry risk medium Ongoing monitoring, performance indicators
Risk of information security low Physical controls
Risk of fraud low segregation of duties, physical control, internal audit
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Financing Plan
Chemmet LLC Fiber project
  RUB EUR
Sales 26 520 000 612 471
Equipment 2 500 000 57 737
Raw materials 8 120 000 187 529
Wages 2 950 000 68 129
Pension Fund Assignments 413 000 9 538
Social Insurance Assignments 5 900 136
Electricity 532 500 12 298
Rent 620 000 14 319
Advertising 130 000 3 002
Transport 68 000 1 570
Repairs 315 000 7 275
Organizational expenses 268 000 6 189
Certification 100 000 2 309
Total Expenses 16 022 400 370 032
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Financing Plan
Chemmet LLC Fiber project
  RUB EUR
Sales 26 520 000 612 471
Total Expenses 16 022 400 370 032
EBITDA 10 497 600 242 439
Depreciation 140 000 3 233
Gross Profit 10 357 600 239 206
Taxes 1 553 640 35 881
Net Profit 8 803 960 203 325

GPM, 39,58  
NPM, 33,20  
ROE 3,26