Transcript Слайд 1 - kp

CONSTRUCTION MATERIALS
NANOCENTER
SULKHAN DAVITADZE, Director for Infrastructure Programs, Rusnano
SERGEY TSYBUKOV, Vice-Chairman of the Board, SPb CCI
DARIA LIPATOVA, Project Manager
Rusnano Development Workshop
Babson Executive Conference Center
Babson College
November 12, 2010
CONSTRUCTION MATERIALS
NANOCENTER
Project summary: Construction Materials Nanocenter aims to develop the innovation
infrastructure in the sphere of nanotechnologies by organization of different types of production and
technologies development.
Project Team: Institute of Polymers, SPbSU, Krylova and Ioffe Institutes
Market Opportunity: Polymer coating Solutions for Railway transport, Water canals, Housing and
communal services, Shipbuilding, Real Estate, other services – total 200 mln $
The Model: Nanocenter will provide services and technology support to customers and will
develop and transfer technologies to market through creation 5-7 companies per year and
•licensing technologies for customers. Rusnano rents scientific equipment to the Company.
Status: Creation of the Companies – Asset Holder and Managing Company and providing
services and technology support.
Exit Strategy: sale to big customer (military-industrial complex, shipbuilding, transport, building,
research center) or a large-scale producer and/or provider of raw materials
CONSTRUCTION MATERIALS
NANOCENTER
Main directions of the Center’s activities:
1. Technical items for the transport industry
Partner: The Center for Dynamic Testing
2. Nano-coatings for Optoelectronics
Partner: The Center for Prototyping
3. Nano-coatings for transport, Real Estate, Watercanals (green technologies),
Shipbuilding and Housing and Communal Services
Partner: The Polymer Cluster
CONSTRUCTION MATERIALS
NANOCENTER
Problems to be Solved:
Frequent repair of networks of water, heating and gas supply (Russia and the CIS)
Protection of cargo cars and extension of operation life of railroads (OJSC "Russian Railways“)
Development of the Arctic Region (Arctic Fleet)
Energy saving (housing and communal services)
Solution:
Repair of pipes and wells with use of prepregs and special paints
Drawing of anticorrosive, waterproofing coverings
Development of anti-icing coverings, replacement of metal items with the polymer ones
Drawing of thermo-insulating polymer coverings
Team:
The Russian - German Institute of Polymers established within the frameworks of the Transform
program under the aegis of the Government of Germany with participation of the “SKZ” Polymer
Center, Wurzburg (Germany) and SPb CCI in September 2001. It is one of the leaders in the
sphere of R&Ds aimed at introduction into practice of construction polymer materials and a
participant of the Polymer Cluster.
CONSTRUCTION MATERIALS
NANOCENTER
Market Strategy:
B2B, OEM
Direct marketing
Creation of the new markets with our partners
Cost reduction (current price for sq.m. is 50-100$ vs. ours 30-70$)
Current Competitive Market:
Companies drawing foamed polyurethane coatings
Organizations and research institutions offering composite mixes or materials and technologies for
drawing of the coatings
CONSTRUCTION MATERIALS
NANOCENTER
Current Status:
Customers: Russian Railways, Vodokanal, Municipalities, Research Institutes
Products: Technologies, technical items, R&Ds
Critical Risks:
No guarantees from the side of the research institutions for completing obligations on operational
development of a nanotechnology to industrial release;
Absence in the enterprise of the whole spectrum of research equipment allowing to perform this
operational development independently.
Center’s functional scheme:
Section of prepreg manufacturing
FILLERS
NANOMODIFICATION
THE LINE OF
BINDING
IMPREGNATING
BY MELT
GRINDING
THE PREPREGES
Laboratory Complex (Quality Control)
Section of fullerenes and
nanocomposites manufacturing
Section of production of nanocontaining polymer materials and
compositions for drawing of coverings
Section of composite products
manufacturing
SECTION OF WINDING THE TUBULAR PRODUCTS:
- HOT FORMING
SECTION OF NANOMATERIALS RECYCLING:
- PRESSURED FOUNDRY;
- PRESS_FORMING;
- EXTRUSION;
- COATING DEPOSITION..
FINISHED PRODUCTION
CUSTOMER
CONSTRUCTION MATERIALS
NANOCENTER
Funding Requirements:
Sum, mln $
4
Plant for fullerenes production
Equipment for a site for prepregs production
2
Equipment for laboratory
Total
Financials:
2
8
Выручка от реализации, тыс.руб.
Чистая прибыль, тыс.руб.
EBITDA, тыс.руб.
200000
600 000
2016
500 000
150000
2015
400 000
100000
2014
300 000
50000
2013
200 000
0
2012
2010
2011
2012
2013
2014
2015
2016
100 000
-50000
2011
0
2011
2012
2013
2014
2015
2016
Sales proceeds, thousand rbl.
0
50 000
100 000
150 000
200 000
250 000
EBITDA, thousand rbl.
-100000
Net profit, thousand rbl.
CONSTRUCTION MATERIALS
NANOCENTER
Economics of the project:
• Planning horizon – 6 years
• IRR 37%
• NPV 4 576 thousand doll. at the rate of discounting of 22%
• Period of recoupment 4 years and 8 months
• Discounted period of recoupment 5 years and 5 months
2010
2011
2012
2013
2014
2015
2016
-
2 968
4 742
6 174
8 206
11 104
15 518
EBITDA, thousand dollars
-1 461
268
1 272
2 082
3 198
4 745
7 176
Capex, thousand dollars
NWC, thousand dollars
-6 452
-461
-856
-734
-629
-539
-462
0
-67
-45
-36
-52
-74
-119
-7 912
-259
371
1 312
2 089
3 275
5 239
-7 912
-259
371
1 312
2 089
3 275
41 120
Proceeds, thousand dollars
Free money flow of the company,
thousand dollars
Joint money flow, thousand dollars
Value and prognosis of the main financial indexes
THANK YOU
SULKHAN DAVITADZE, Director for Infrastructure Programs, Rusnano
SERGEY TSYBUKOV, Vice-Chairman of the Board, SPb CCI
DARIA LIPATOVA, Project Manager
APPENDIX
THE SUPPLEMENTAL INFORMATION
The project “Creation of the construction materials nanocenter” is included in the list of
strategic projects of development of St. Petersburg and presented during the following
international visits:
• Visit of the Delegation of St. Petersburg led by the Governor of St. Petersburg V.I. Matvienko to
the South America, April 2010;
• Visit of the Delegation of St. Petersburg led by the Vice-Governor of St. Petersburg R.E.
Filimonov to Ukraine, April 2010;
• International Forum “Effective Cooperation in Europe”, Belgium, June 2010;
• Round Table on Effective Cooperation in the Baltic Sea Region, Finland, September 2010.
INNOVATION POLYMER CENTER
ON THE PLATFORM OF THE POLYMER CLUSTER
INNOVATION POLYMER CENTER
•On the platform of the Polymer Cluster which
includes the “Institute of Polymers”, the project of
construction of a building for the specialized Center
for 15 thousand m2 is planned.
•The Center of collective access can become the
anchor tenant in this building.
• Building of the Innovation Polymer Center is planned
in St. Petersburg, Vyborgskaya emb., 41A.
• This Center supports the whole cycle of innovative
activity from the projecting stage to the introduction of
the new companies and products to the market.
INNOVATION POLYMER CENTER
Index
Total area of the Center, sq. m.
Area of the Center, sq. m.
Basic rates in 2010
15 014,5
13 812
Area for rent, sq. m.
12 371,1
Area for offices, sq. m.
11 287,6
Area for parking, sq. m.
1 083,5
Cost of building of the Center + decorating, $
1 700
Exploitation costs, sq. m., month, $
40
Rent for offices, sq. m., month, $
50
Rent for parking, place, month, $
25
INNOVATION POLYMER CENTER
Index
Basic rates in 2010
Building costs, $
31 692 834
Projection costs, $
1 000 000
Concerned period of the project development
including:
9
- building, years
2
- exploitation, years
7
Period of recoupment, years of exploitation
Net profit for 7 years of exploitation, $
3,8
67 265 739
Discounting rate, %
15
Discounting period of recoupment, years of
exploitation
5,3
NPV for 7 years of exploitation, $
IRR, %
11 466 800
22,7