TechConnect Summit 2011

Catacel Corp.

Location:OH, US
Speaker:William Whittenberger
Title:President & CEO
Primary Industry:Advanced Materials/Chemical
Executive Summary:Catacel is positioned for immediate rapid growth into the $4+Bn annual market for catalytic materials. Catacel engineers and manufactures novel, catalytic materials that significantly increase process output and improve energy and operating efficiencies by combining and improving heat transfer and catalytic functions. This technology platform increases productivity and efficiency of reaction processes using fossil/bio-derived fuels as their primary input, impacting industries ranging from petrochemicals, steel, foods and fertilizers to building materials, pharmaceuticals, electronics and aerospace. Catacel is operating close to breakeven with ongoing revenue from a growing number of global marquee customers, including ExxonMobil, BASF, Johnson Matthey, Air Liquide, Bloom Energy, and others. To accelerate and increase growth, Catacel will raise $1.5-2.0 million of equity capital to finance: • Expansion of customer-facing assets: sales force and application engineers to drive new revenues. • Addition of Ph.D. science team to manage low-risk implementation of catalysts for high potential markets (e.g., industrial hydrogen and petrochemical production) where Catacel materials have clear technological and competitive advantages over current offerings. • Expansion into new markets where major business opportunities are being developed (mining air safety and gas separation) or have been identified (petrochemicals, carbon capture, and others)
Venture is:A-Round

 

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