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Jul 7, 2016 9:55 EST

NeoCrumb, LLC was formed to promote a new family of products for the plastics industry. Using a proprietary process, we are able to bond rubber from recycled tires with virgin/recycled plastic to create an entirely new composite compound.

iCrowdNewswire - Jul 7, 2016

NeoCrumb, LLC

Orlando, FL 32810, US
Chemicals
www.neocrumb.com

NeoCrumb, LLC was formed to promote a new family of products for the plastics industry. Using a proprietary process, we are able to bond rubber from recycled tires with virgin/recycled plastic to create an entirely new composite compound.

Please view our EquityNet ‘Entrepreneur Spotlight’ here: https://www.equitynet.com/blog/entrepreneur-spotlight-sam-tamiz-lawrence-deneault/

NeoCrumb has developed an innovative product that can change the face of the plastics industry. Called PolyCrumb, the product is a replacement for virgin resin used in plastic extrusion and injection molding machinery, but with far broader application and versatility.

Current plastic extruders and injection molders contend with tight margins, in the region of 5 – 7%. Because of PolyCrumb’s unique characteristics, its application in the production process can result in immediate and significant cost savings, resulting in increased profit margins of 25% to 50%. Reasons include:

– Injection molded at lower temperatures
– Less shrinkage and faster cooling times of the end product
– The price of PolyCrumb is lower than virgin resin

We make PolyCrumb using a proprietary process that mixes rubber from scrap tires with various polymers, whether virgin or recycled, to create an entirely new composite compound. The product comes in the form of granular pellets and has applications as both a polymer and an elastomer.

PolyCrumb demonstrates environmental responsibility. Scrap tires continue to pose a serious environmental headache, as a lack of a cost-effective industrial application results in millions of scrap tires being dumped in landfills across America.

To date, we have tested the product, proven the ability to manufacture at any given quantity, and made initial presentations to customers. Customers have shown incredible enthusiasm for PolyCrumb, and their feedback has been essential to optimizing our product offering. This has resulted in an initial basket of around 20 PolyCrumb products, each with slight variations to meet differing needs.

Our reason for this round of fundraising is to execute an almost vertical sales growth. Based on current indications, we could be at a $12 million run rate by year-end.

 

Products / Services

PolyCrumb

PolyCrumb is made using an innovative and proprietary process that mixes tire-derived crumb rubber with various polymers, whether virgin or recycled, to create an entirely new family of composite compounds. PolyCrumb possesses the characteristics of virgin resin, but with far broader application and versatility. PolyCrumb comes in the form of granular pellets – similar to existing products used in plastic extrusion and injection molding machinery – and has multiple applications in the plastics industry.

Some of the key benefits of using PolyCrumb in the manufacturing process include:

– Injection mold at lower temperatures
– Increased throughput
– Reduced lead times
– Create stronger and less brittle products
– Can be made from 100% recycled materials

The unique characteristic of PolyCrumb is that it has applications as both a polymer and an elastomer, giving us and our customers total flexibility.

 

Management

Director Finance
Lawrence Deneault

Lawrence has been in the financial services industry for over 30 years. During the 1980s, he managed a financial services firm in Los Angeles, where he developed a series of financial products to help manufacturers of capital goods and high technology products get their goods to market. In 1990, Lawrence represented a client to oversee the financing and development of the first major cable television network in Turkey. From there, he worked on various landline and cellular telecoms projects throughout Central Europe. In the mid 1990s, Lawrence moved into the equity markets and established an institutional brokerage firm in London and New York, to service some of the largest institutions in Europe. The firm was sold in 2003 to a publicly-held firm in Sweden. Lawrence brings to NeoCrumb extensive knowledge of the financial markets. He has been responsible for funding the company and structuring its financial operations.

Director Manufacturing/Production
Robert Salveson

Robert (Bob) has 30 years of experience in corporate controllership positions; CPA firm management for a 65 person firm specializing in auditing private and public entities; and mergers & acquisitions, strategic business planning, taxation, and financial and organizational management. Bob’s experience extends past the aforementioned as he has evaluated prospective emerging growth and microcap companies for potential investors while filling various managerial roles such as President, CEO, or CFO. He has been President and COO of a soft gel encapsulation firm that ran 24/7, a controller and cost accountant for a building materials manufacturing during its startup phase and is therefore familiar with manufacturing processes and procedures. He graduated from the University of Florida with a B.S. degree with a major in accounting.

Director Business Development
Dan Dorey

Dan has extensive experience in the development of new business opportunities for startup enterprises, as well as for those looking to re-invigorate their business strategies. Dan’s strengths lie in using his in-depth knowledge of markets to optimize sales strategies. Through a mixture of training programs, reorganization of distribution networks, and improved communications with clients, he has successfully helped companies increase their sales, refine their product offerings, and streamline their overall approach to sales and marketing. Dan brings to NeoCrumb particular expertise in the fields of sales and marketing, having already developed strong links within the plastics industry from previous experience. Leveraging his knowledge and experience, Dan has been responsible for sourcing much of the sales opportunities currently available to NeoCrumb.

 

News / Links

Contact Information:

Director Finance - Lawrence Deneault

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