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Spanish company specialized in the repair of reusable and re...
created · Updated
Deadline: May 6, 2022
Received 0 expressions of interest

Summary

A Spanish company, specialized in the repair of a large series of industrial returnable/reusable transport packaging and plastic items made of PE/PP (Polyolefins/polypropylene), has developed and patented an innovative technology for repairing the plastic, based on welding which guarantees the recovery of at least 98% of its former strength. The company is looking for industrial companies with a background in repairing or manufacturing plastic items to work under a joint venture agreement.

Description

The company was founded in 2011 in Navarre region (Northern Spain) and its business case in repairing plastics was visionary. Since 2011 the company has offered its services for the repair and maintenance of plastic containers, pallets, crates, tanks, etc. to companies and public entities. It was initially focused on waste containers and grew gradually becoming a highly demand service by different industrial sectors mainly pooling, food and automotive industry. During these years, the company has significantly expanded their know-how, thanks to a large amount and variety of clients, who allowed the company to discover and experiment with solutions for different materials and to continuously improve the quality of repairs. The company has developed a large portfolio of services and solutions, going from prevention and maintenance to damage repairs with the aim of maximizing the lifetime of plastic objects at the lowest possible cost.

The company is a pioneer and offers an innovative service. Until now, a plastic welding repair system did not exist. Therefore, companies had only two options when it came to damaged plastic objects: they could either throw out the broken objects and replace them with new ones, or turn to mechanical repairs with disappointing results. Repairing and reusing plastic objects saves approximately 70% in comparison to the costs of replacing the damaged object with a new one.

The company follows a circular economy business model and manufactures its own fuse cord and welding material with an exclusive formulation and virgin material that meets the European standards of food safety and enables traceability of the repair done. In order to offer a quick an accessible service, the company counts with a nationwide network and more than 10 years’ experience repairing large series of pallets, crates, frame tops, boxes, etc. for relevant companies from different industrial sectors: automotive industry, food industry, pooling sector, other industry sectors, municipalities and public entities, sport & leisure. The company has a subsidiary in Mexico and international partners all around Europe.

The company works under ISO quality standards (ISO 9001 and ISO 14001).

The co-operation sought under joint venture agreement is with companies which work in the repairing of plastic, wood or metal goods such as pallets, crates, frame tops, boxes, etc. that can be able to deploy this innovative product in different municipalities under a joint venture agreement.

Its future partner should be able to carry out the commercial force in another country, this includes the knowledge and rights of the repairing methodology.

Partners should be also agents with good contacts with Companies specialized in the repair, cleaning, handling or recycling of boxes and pallets, wooden or plastic.
Highlighting that those companies just need to have the commercial force and operating force to carry out all the structure involved in offering this product diligently.
They should be willing to work with the Spanish company to develop a long-term collaborative and mutually beneficial relationship.

Advantages & innovations

•The repair service offers a cost reduction of approximately 70%, avoiding the purchase of new plastic items. •Example: a new pallet that weighs 18-20kg costs around €40 and recovering it with the Spanish company repair’s service would cost €12-15, and the quality achieved is 99% same as new (certified by AIMPLAS, Spanish Institute of plastic). The price of the repair is about 30% of the cost of buying a new pallet, only 1/3 of a new item! •Repairing and reusing plastic goods emits 220 times less CO2 than the substitution of those items. Plastic waste and its negative impact on the environment are therefore reduced, decreasing the carbon footprint.

Stage of development

Already on the market

Partner sought

- Type of partner sought: Industrial company with a background in repairing or manufacturing of plastic items. If not specifical experience in plastic repairing, a background in the repair of wooden or metal goods is required. The company looks for a strong commitment partner. Who enable the company to get a fast access to the new markets and distribution channels and acquire new skills and competences in the new market. A joint venture partnership could offer a possibility for the company to overcome legal and trade barriers,and accelerate economic growth. - Specific area of activity of the partner: Recycling industry, repair workshop, returnable transport packaging. - Task to be performed: The company would like to sign a joint venture agreement taking advantage of the local partner and putting in common assets. Potential partners should have experience in the repairing of materials (plastic, wood or metal) and it should also be able to make new clients and offer the service locally.

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