Industry: Hyundai Construction Region: Sweden Transaction Price: $ 1 million Transaction Method: Equity Financing
Company profile:
The company provides natural and eco-sustainable solutions for modern buildings. Its main products are sound insulation tiles made of foamed lignocellulose.
The sound insulation tile developed by the company does not need synthetic adhesive in the production process, and has the characteristics of negative carbon footprint, no plastic, no sensitization and fiber, complete recycling, class B fire prevention, class M1 emission and the like, and the product patent is currently being applied for.
The Company plans to build a product testing plant from 2021 to 2022. The plant is expected to be commissioned in 2022 with an annual production of 650,000–2.5 million square meters.
Cooperation intention
The company has a clear market entry and financing strategy and is currently looking for partners and investment institutions to support its development.