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Terratico could achieve annual revenues of €150 million by capturing just 1 % of the global concrete market.

17/07/2024

Terratico could achieve annual revenues of €150 million by capturing just 1 % of the global concrete market.

“We are changing the world” and “sustainable innovation” need not just be empty marketing phrases, as Terratico is proving. The Slovak company has developed a patented method of making lightweight concrete with an admixture of recycled plastic. The building material has attracted interest from all over Europe, the US and Asia, and developers and European cities have expressed interest in applying its products and processes. The company is also now attracting interest from investors who could provide it with capital for further expansion.  

Builders are changing the world through innovation

Terratico was founded on more than 25 years of experience in building materials by the Nagy father and son team, and their desire to solve the global problem of what to do with waste plastic. The idea of using plastic recyclates in concrete as a replacement for crushed marble in terrazzo was first conceived in 2019.

After two years of research and development, the first version of the product was created, which the company is now continuously improving.

 Terratico achieved its first commercial success in 2021, when it produced 100 benches incorporating shredded credit cards for a Slovak bank. In the same year, the company presented its product in the Slovak pavilion at the world exhibition "Expo Dubai 2020", gaining many international contacts and interest from all over the world.

Rock-solid investment. Co-own a manufacturing company with demand from around the world.
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Patented technology that combines design and sustainability

Terratico is developing an eco-friendly alternative to concrete and terrazzo. The company's innovative solution consists of integrating up to 45% plastic grit into the concrete mix. The plastic particles are evenly distributed throughout the structure, do not float to the surface and each piece adheres firmly to the concrete. This gives Terratico products unique properties such as higher strength, 30% less weight compared to conventional concrete and excellent resistance to cracking. These properties have appealed to developers, interior designers, architects, as well as representatives of European cities which have expressed interest in these ESG overlay products. 

"Our mixing method allows us to use any kind of plastic, including non-recyclable types. Thanks to our patented technology, we are able to process more than 20,000 tonnes of plastic waste per year, which we turn into environmentally friendly and highly aesthetic building materials. The plastic ‘epidemic’ will never completely disappear, but the more Terratico is used around the world, the cleaner the planet that we will leave for future generations," says Pavol Norulák, co-founder of Terratico.

The product is certified for safe contact with food and drinking water, so it can be actively used in catering facilities. It is also an alternative for all types of tiles, cladding, facades, planters, and other outdoor or indoor furniture. In the field of concrete, it is an alternative for pavements, car parks, kerbs, ditches, canals, concrete barriers, noise barriers, facade cladding, etc.

Faster development and expansion thanks to private capital

Terratico products are currently available in Europe and North America, while the patented production of lightweight concrete has also attracted considerable interest in the US and Asia. With a market share of just 1%, Terratico could generate annual revenues of up to €150 million. The company is therefore working intensively not only on its expansion plans, but above all on the launch of large-scale production to ensure the fulfilment of orders that the current small-scale production capacity cannot cover.

"We would only expand Terratico at an organic rate with our own resources. Thanks to private capital, the experience of investors and our expertise, we are confident of growth that is faster, more stable and of higher quality. It will also allow us to bring more innovation and green solutions to the global construction market," explains Pavol Norulák, co-founder of Terratico. 

Through Crowdberry, the largest Slovak crowdfunding platform, investors can invest directly in the patented Terratico technology. VC fund Venture to Future Fund joins as a co-investor. The total investment amounts to €3 million with the co-investment of the fund. 

"Terratico combines a 21st century modern building material with exceptional aesthetics and a solution to the global problem of non-recyclable plastic waste. The internationally patented production technology of a concrete-plastic particle composite with excellent technical parameters has gained recognition across a wide variety of industries. Terratico proves that plastic waste can also be a useful material, meeting the standards of sustainability, hygiene, functionality and aesthetics of modern construction. And as a waste material, it also increases the margins of Terratico products. We have known and followed the company for a long time. We are thrilled that we have now been able to bring it to private investors on our platform, where they can become co-owners and benefit from its international ambitions and potential," said Dano Gaspar of Crowdberry.

Rock-solid investment

Investors looking for an investment opportunity in the sustainable construction sector with high growth potential and positive environmental impact now have a unique opportunity through the Crowdberry platform to invest in and become co-owners of Terratica – an innovative manufacturing company with global market potential and an expected return of up to four times total investment. 

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