MacRebur uses up waste plastics destined for landfill or incineration to replace bitumen in a road mix.
Business overview
Location | Lockerbie, United Kingdom |
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Social media | |
Website | www.macrebur.com |
Sectors | Automotive & Transport Non-Digital B2B |
Company number | SC635744 |
Incorporation date | 18 Apr 2016 |
Investment summary
Business highlights
- Using local waste plastics to enhance local roads
- Reducing the costs of asphalt manufacturing
- Reducing carbon emissions and the waste plastic epidemic
- Creating circular economies
Idea
Introduction
At MacRebur®, our mission is to help solve two world problems; to help end the waste plastic epidemic, and to enhance the asphalt used to make road surfaces around the world. Our innovative solution involves processing waste plastics destined for landfill or incineration and adding them into asphalt for road construction and surfacing to extend and enhance the bitumen (fossil fuel) binder.
MacRebur's® carefully selected plastics, taken from the waste stream, are added into roads to improve strength and durability, whilst reducing the quantity of the oil-based bitumen used in a traditional road mix.
By extending part of the bitumen in the mix, MacRebur® products reduce fossil fuel usage, leading to a reduction in carbon footprint and helping to foster a circular economy.
With each km of road laid using our MR products, we estimate we use up the equivalent weight of 740,541 one-time-use plastic bags. 1 tonne of MacRebur® mix contains the equivalent of 857 plastic bags.
Substantial accomplishments to date
UK:
+ MacRebur® manufacture their patented product, machinery and activator from their owned manufacturing plant in Lockerbie Scotland which also houses their own laboratory and offices.
+ MacRebur® are working with, and research has been funded through, The Department of Transport and ADEPT, together with Cumbria County Council, Nottingham University and others to prove the roll out of MacRebur® additives in roads by October 2021.
+ MacRebur® work with many of the major asphalt manufacturers and construction companies in UK and have roads laid in numerous counties across England, Scotland and Wales.
INTERNATIONAL:
+ MacRebur® have two manufacturing plants setup through licence agreements in San Diego and San Francisco.
+ Trial roads and testing has been completed all over the world in numerous countries including UK and Europe, Turkey, Australia, and Japan to name a few.
+ Terms of agreements for distribution have been signed and agreements have been signed for India, Alabama USA, Chile, Estonia, Kuwait, New Zealand, Switzerland, Bahrain, Spain, and Malaysia.
+ MacRebur® is working with large construction firms and asphalt manufacturing plants in The United States of America.
+ MacRebur® has identified 5 new locations to set up MacRebur® owned manufacturing plants where the volume of work requires MR product to be manufactured locally.
Monetisation strategy
MacRebur® have four ways of generating revenue:
1. MR Product sales and MacRebur Activator sales.
2. MLA sales (Manufacturing Licence Agreements).
3. MRA sales (Manufacturing Rental Agreements)
4. MacRebur® holdings owned manufacturing plants.
Use of proceeds
MacRebur® are ready to massively scale up and to do so need to build their own manufacturing plants (simlar to their Lockerbie site) in 5 strategic locations across the world.
MacRebur® work with a large number of construction firms, asphalt manufacturers, Departments of Transport and private construction work who all demand MacRebur® use local waste in local roads. As a leader in the Plastic Road market, MacRebur® will be able to offer this to them by putting their own facilities into strategic locations and managing these themselves.
We estimate each MacRebur plant costs £600,000 to produce from new, install, setup, establish and staff and Macrebur are looking to establish 5 plants over the next 3 years.
Key Information
Outstanding debt
The company and its three subsidiaries have the following bounce-back loans totalling £200,000. These are interest-free for 12 months, and 2.5% thereafter. This is to be repaid over 59 monthly installments starting in November 2021.
Macrebur Holdings Limited: £50,000
MacRebur Limited: £50,000
Macrebur Contracting Limited: £50,000
Macrebur Manufacturing Limited: £50,000
None of the funds raised will be used to repay these loans.
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