Tackling Serious Challenges
Why we take a different approach
MgAubel specializes in the development and production of high-tech engineering materials. In our beach-head market, we’re focused on rebuilding Europe’s infrastructure faster and with reduced environment impact.
We’re a smart-materials company with global ambitions within the next five years. As we scale-up, we have moved from the Yes!Delft incubator to a brand-new facility at the RDM innovation cluster in the Port of Rotterdam. We need the space to match the materials science we’ve learned in the labs at Delft University of Technology with what we’re hearing from real-world partners like the Port of Rotterdam.
Leading the Movement for Change
The Paris Agreement on Climate Change is putting enormous pressure on governments and companies to make better use of materials with reduced environmental impact. We now have a team in place who understands how this can be done.
This region of the Zuid-Holland in Netherlands has built a global reputation for its world-class delta engineering. We believe we can build teams to build a similar reputation for smart eco-materials. And the Port of Rotterdam knows it needs these kinds of partnerships to maintain its position as the world’s most sustainable port.
Our Beach-head market
We are addressing a very serious crisis, that most people don’t even know about. European infrastructure is crumbling. For instance, there are over 40.000 bridges in the Netherlands alone. Most of them are made of concrete. Every year, 1.000 need repair, because they are over 40 years old. They were never designed to carry today’s heavy traffic. It is a similar outlook throughout Europe.
The German Institute for Economic Research in Berlin has called for an extra € 10 billion, to be invested in declining infrastructure. Infrastructure was an issue in the recent election of President Trump. The American Society for Engineers says that it will take an investment of €20 billion per year just to fix vital infrastructure.
Important Election Issue in 2017
Infrastructure is expected to be an important election issue in several important elections coming up in Europe in 2017. Being forced to close bridges has a serious impact on any GDP. Without repair and maintenance, bridges collapse, as we saw in Italy on October 29th 2016.
There are major plans for the next Dutch Construction Agenda (Bouwagenda) to be announced on March 15th 2017. Worth 60 billion Euro to the Dutch economy, the sector is showing clear signs of recovery from the 2008 recession. But, in the meantime, climate change agreements in Paris means the construction business needs to innovate faster and improve collaboration between research and building contractors. MgAubel has proven skills, both in materials development and in business models, to help clients meet strict new environmental targets. And we are part of the solution to making our cities and society much smarter.
Huge societal need is also a large business opportunity
The MgAubel team is committed to delivering solutions to this crisis with a different approach. When repair is needed, owners of infrastructure and their contractors are usually driven purely by short-term costs. But they are also under intense time pressure. The economic losses to closing infrastructure can be anything more than three times the cost of repair. And there is the negative impact on the environment.
A Different Approach is Needed
We know that to drive change in the 21st century we must build the company in a non-traditional way. We intend to lead an ecosystem of efficient and agile companies rather than emulate the existing chemical giants. That means scaling our company by finding the right partners. It means working with clients rather than for them.
So, we are leading a different approach, which is now ready for large scale implementation. For example, the Port of Rotterdam operates more than 70 kilometres of quaysides. They have a smart monitoring system that can predict damage by location. The system works out the best opportunity to undertake repairs. Downtime calculations are crucial. Because it costs an extra € 100.000 per day if a ship cannot dock.
The contractor also needs to work within the constraints of the tides, and judge weather conditions. The problem is, that traditional materials are based on cement, often with polymer additives and plastic fibres. For the last two years, we have been working with the Port of Rotterdam on a solution. Our smart materials exceed the required standards. And projects are completed with significantly less environmental impact.
MGAubel is Science in Action
More than 100 scientific papers have been published on these kinds of eco-friendly smart materials. At Delft University of Technology, they’ve brought together many of the world’s top-level specialists in field.
But a lot of the knowledge has never left the lab. So, our company is combining field analysis of real-world problems with the knowledge of next generation smart materials that are fit for a circle economy.
Repair is always urgent
When repair is needed, infrastructure owners and traditional contractors are usually driven purely by the short-term repair costs. But they are also under intense pressure for quick repair. The economic losses to a region of closing a bridge to traffic can be anything up to five times the cost of repair.
The problem is that these short-term strategies are having a huge negative impact on our environment. So, MgAubel is leading the development of a different approach which is now ready for large scale implementation. We are happy to explain our different approach to interested investors.
Growth acceleration through partnerships
We know we must build MgAubel in a different way. We want to lead an ecosystem of efficient and agile companies rather than emulate the existing chemical giants. That means scaling our company by finding the right partners. It means working with clients rather than for clients. As tenders for new projects are offered in different parts of the world, we need to partner at the right time by offering the best eco-friendly solution.
We want to broaden our links to relevant academic expertise, as well as suppliers and customers. So we actively participate in programmes such as ImpactHub in Amsterdam.
How we work with our clients
We work with our clients in a three-step process:
1. We analyze the challenges and legacy solutions facing our customers in combination with locally available materials.
2. Then in our labs, we design materials recipes that will settle faster with minimal environmental impact.
3. And we also understand the composition of locally available waste materials.
Interested in more details of our progress? Drop a line to our CEO Marc Goedkoop. Please mention this investors’ briefing in your correspondence.