Single use plastic films replacement: Glasst Universal

Problem: 23% of the waste generated by a city comes from construction and related industries.

Latam waste disposal regulation is not strong enough to assure that waste is recycled or correclty processed.

Solution: We invented a liquid that can be applied to any surface. Once dried it generates a peelable protective and temporal film tha avoids the use of single use plastic films.

People: our product comes from the nature. We can replace illegal crops with legal ones, and buy directly from the farmers at a fair price, generating a better lifestyle to Latam farmers

11% of world's carbon footprint comes from the construction

23% of the plastic waste generated by a city comes from the construction and related industries.

Single use plastics are being banned in most of the caribbean islands. they still need a replacement product.

Latam Regulations are weak, so most of this waste is not properly disposed. It finishes in our soils, water systems and eventually in our foods. 

Plastic takes from 400 to 1000 years to degrade, and when it does, it leave micro plastics in our environment. These micro plastics act as magnets for toxic agents such as DDT and PCBs

Single use plastic films are widely used because they are cheap. We came with an affordable solution to replace them

Our children: We try to leave a less contaminated world to them.

Our customers: we deliver great products that avoid them to have unexpected damaged in their goods.

Our suppliers: our product comes from a renewable source that can replace illicit crops. we want to expand those crops and buy at the best price possible.

Our employees: We create new jobs accross LatAm, enhancing the economies of our region.

Our Shareholders: we create sustainable wealth for them.

We invented a liquid that once dried generates a film. The waste is biodegradable since it comes from natural sources. This product allow us to replace single use plastic films in a wide range of industries from car transportation to construction.

This product is already tested and can last up to 6 months outdoors, delivering great performance at a price that is similar to those of single use plastic films.

Governments are baning the use of single use plastic so theres is a 15B usd market unattended in the next 5 years.

Our products is Environment friendly and biodegradable throughout the manufacturing process.

Our main omponents are renewable sources.

It is the first peelable and biodegradable paint in the world. Our competition bases its products on liquid plastic. We found the way to take something natural and make it last enough time to be a real solution for real companies.

We are changing the world inventing new materials

Trough real tests we have avoided the use of single use plastic films in construction. For example in one specific project, instead of protecting the facade glass (3500sq m) with plastic and using our product we avoided the use of around 300kg of plastic.

Our product has the potential to reduce around 120kg of plastic per each construction site using plastic to protect surfaces. If we extrapolate that to one city like Bogotá, where the active construction projects are around 400, we have the potential to avoid the use of 48 tons of plastic waste, just by giving our costumers a better product, in the cost range and biodegradable.

For us it is very difficult to know how much people we will impact, since we work in the construction sector. 

What we can do is to quatify the ammount of plastic waste that we avoid:

In a certain time there are around 400 projects in Bogotá that can sum up to 50 plastic tons. Bogota counts for the 40% of the construction in the country. That means that in the whole country at a certain time we can avoid the waste of 125 tons of plastic to regulated and unregulated landfils and water sources.

In MX we can have as double of projects that in Colombia so we can add another 250tons of plastic that we avoided in landfils/water systems.

Our goal in the next 5 years is to avoid the use of 1000 tons of plastic per year, which by our calculations we can do only in Latam & Caribbean

Environment: Each construction project where we sell our products can reduce its single use plastic waste up to 120kg

Social: Our product comes from a natural source which can be used to replace illicit crops. by replacing these with legal ones, farmers can improve their lifestyle

Economic: we generate wealth to our circle, from suppliers to customers to shareholders.

Our goal in the next year is to improve our company structure in order to reach around 20 LatAm countries with the help of our partners. We want to create and 

In the next 5 years we should be attending at least 100 countries trough licencing, direct operation and distributors. This will be based on our structure and our partners which are one of the biggest construction companies in Colombia and one of the leaders in the paint sector in LatAm.

one of the main obstacles is that in order to open all the countries that we want, we should have a PCT patent, so we can decide later in which countries we want to sell our products. This would need a lot of cash, so we are looking forward for help to do this. As we have seen we need arpound 15k USD per country to obtain the patent.

In the next 5 years we need to scale our production and search the best logistic place in order to minimize transportation costs and make our product as affordable as possible.

We are looking for new cash income with goverment entities, ONG's and such in order to help us reach our goal. 

We also are looking for smart capital partners which could help us achieve our goals.

we have distribuitors in

Mexico

Costa Rica & Panama

Peru

Ecuador

Customers in Trinidad & tobago

Full time: 22

Part time: 2

We have a commercial team that tryes to offer different solution to our costumers, If by chance we do not have such product or service we try to built to suit a solution, since the sector is pretty homogeneous. Our R&D team comes with a solution in short time and we can be proving our solution within a month. The difference between our company and other is the speed in which we create sustainable solutions, since we like evertyhing to be ASAP

Conconcreto is one of the biggest construction companies in Colombia.

Grupo Orbis - Pintuco is the leader of the paint sector in Colombia and one of the biggest in LatAm.

They are buying a share of stocks each yet to be defined

Selling our products trough direct channels. Our main clients are construction companies

Direct operations in countries where we know we are strong

Distribuitors

Licencing in countries where we are not strong

We are selling our products and services since 2011. We are a sustainable company, that right now with the accelerated grow rate we want to achieve we need cash in order to stablish the best teams in every country.

In 2019 we sold arround 1MM USD with and EBITDA of 24%.

With BID we can get 2 things: 

Exposure to show our product to a wide quantity of people that could be interested in helping us get to their regions.

Cash: with cash we can accelerate the expansion and get our product faster to Latam

We are looking for smart capital companies, which can help us grow in the markets they are already present