SurfCleaner AB Revenue and Competitors

Market overview Human society generates immense amounts of waste arising from the production and utilization of food as well as industrial and consumer goods. A considerable amount of this waste eventually ends up in the oceans. The increasing load of nutrients, pollutants and general littering of the oceans are a growing cause for concern Every year, large amounts of litter enter the sea. As plastics are particularly durable, the mass of plastic debris in the world's oceans is steadily increasing. A recent NCEAS study calculated that roughly 8 million metric tons of plastics ends up in the oceans annually. Marine oil pollution has decreased in recent decades. International conventions and regulations have all made a contribution here, but still it is on an unacceptable level According to Grand View Research the global oil spill management market was worth USD 100.66 billion in 2015 and is increasing due to enhanced safety concerns and stricter rules and regulations. What do we do SurfCleaner® develops and markets products that collects and separates all types of pollution from water surfaces with a patented energy efficient separation process. SurfCleaner® can be used on the open seas, harbors, rivers, ports, wells, rainwater tanks and water towers. It eliminates proteins, foam, debris (solids) oil sheen and thicker oil from water surfaces. In addition to the obvious benefits with cleaning the water from pollutants the technology has a great impact on the reduction of greenhouse gases. Business Model & Revenues SurfCleaner targets three business segments: Oil spill, Surface debris and Water treatment. SurfCleaner® will focus on sales and development. The manufacturing is subcontracted and ready to scale up. Market Opportunity and Traction SurfCleaner® has delivered and installed products mainly to the oil spill market. Reference customers are available that have used the products for many years ex. Swedish coast guard, oil depos and refineries.