Cosmos-Fenix® (CF) is the trademark name of the patented process owned by Velaworks for the inerting of hazardous Air Pollution Control (APC) and Flue Gas Desulfurization (FGD) ashes, converting them into valuable secondary raw material (powder) that can be used as filler and flame retardant in plastics production. The easy and inexpensive inerting process gives an effective answer to the huge problem of replacing Antimony and Bromine in the plastics production process with a very price competitive flame retardant characterized by very interesting flame resistant and strength properties.
In order to industrialize and commercialize the technology, Velaworks needs to:
• demonstrate the V0 grade for UL-94 standard, which attests the fire resistance capability of the material;
• quantify the CAPEX and OPEX for a first pre-industrial CF production line manufacturing;
• seal partnerships with value chain key partners such as plant units suppliers, plastics manufacturing companies, APC and FGD ashes producers, plastics producers associations, investors;
• select a validation site where installing the pre-industrial CF production line;
• assembly and test the pre-industrial CF production line in order to validate the industrial production feasibility;
• certify the final product;
• protect the new intellectual property generated and launching the technology to prospective investors;
• develop and implement the go-to-market and commercialization strategy.