Photo - Production of LPG composite cylinders (tanks) for vehicles
34191

Production of LPG composite cylinders (tanks) for vehicles

Ukraine, Kyiv city
Market: Auto Maintenance, Mechanical engineering, Production, Transport, Power Engineering
Stage of the project: Prototype or product is ready

Date of last change: 16.12.2018
Min investment
$  1.200.000
Total required
$ 1.200.000
Rating
equalizer 73 из 1000
help
Calculated and estimated occupancy of the project (more about ratings)
My rating
1
2
3
4
5
6
7
8
9
10
Average rating:

Idea

Organization of production of composite gas cylinders for use in autogas systems

Current Status

The production project is ready. Patented production technology is ready.

Market

Poland, Ukraine, Russia and Turkey

Problem or Opportunity

In countries around the world, citizens and legislatures have opted for LPG.
In 2016, LPG Autogas was used to refuel more than 29 million cars globally, strengthening its position as the most widely used alternative fuel in the world. This figure has increased by more than 70% since 2007. The growing popularity is due to the combination of its environmental benefits and the creation of a more favorable regulatory framework in different countries.
Recognizing the potential of LPG Autogas for solving a wide range of environmental, social and economic problems, the policymakers decided to contribute to its development by:
• promoting and providing consumers with information about the nature and benefits of LPG Autogas;
• tax exemptions (excise reflects the benefits of fuel)
• discounts in the areas of paid entry;
• granting tax exemption when registering vehicles and road tax;
• provision of grants or loans at low-interest rates for switching to a gas fuel system;
• cooperation with automakers for synchronous movement with technological progress.

Solution (product or service)

Lightweight composite polymer gas cylinders that do not explode! Innovative gas cylinders manufactured with revolutionary European technology have become the gold standard for the comfort and safety of using liquefied propane-butane throughout the world. The design and production technology of a composite gas cylinder is such that it will not explode under any conditions: fire, overheating, impact, gas overflow, etc. The polymer-composite monolithic base of the cylinder is made in such a way that its polymeric material melts and forms small pores through which gas escapes, which prevents the cylinder from exploding.
Features of composite gas cylinders:
- composite cylinders with gas permeability similar to metal cylinders
- composite cylinders with a monolithic cylinder without seams and joints from a soldering iron
- composite cylinders with a PET cylinder that can be recycled and does not pollute the environment
- production - on the latest generation certified European equipment and approved for sale in EU countries

Competitors

Metal LPG cylinder manufacturers

Advantages or differentiators

Advantages of composite gas cylinders:
1. Safety - Composite cylinders do not explode
2. Small weight - an empty cylinder weighs only 5.3 kg
3. The gas level is visible
4. Shock resistance
5. Has a pressure relief valve
6. Unlimited use time
7. Does not rust
8. Warranty 24 months
9. Innovative design
10. The high quality of cylinder and materials
11. European Certified Manufacturing
12. The term of re-certification is 10 years
13. Delivered in individual packaging
Our cylinders have European certificates ISO and TÜV, comply with the directive 2010/35 / EU and ADR / RID standards.

Finance

The amount of required investments is estimated at USD 1,200,000 (depending on the set of equipment).
The payback period is 4 years.
The capacity of the equipment - 7000 cylinders per month at one shift.
Production staff - 4 workers + 1 master
Requirements for the production premises:
- area of 650 sq. m. m. One room for winding should be separated, with heating (~ 120 sq. m + ventilation)
- the height of the ceiling is 3.5-4 m, the height of the entrance is not less than 2.6 m
- floor: from 1 ton per sq. m. m
- plumbing, sewage
- electricity 60-80 A

Money will be spent on

100% of investments are directed to the organization of the production of composite cylinders.

Team or Management

Comments:

You need to login

5,00
1
2
3
4
5
1 voice
Log In/register
arrow_back
EN
more_horiz
close
visibility111
star1
Add to favorites
Delete from favorites
share
close
thumb_up1
Like
Unlike
Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Product Video