Adespec

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Adespec produces environmentally sound adhesives and sealants for industrial, construction, and domestic applications.

Market Opportunity:

• The Freedonia Group predicts that the demand for specialty adhesives in the United States will rise 4.4% annually through 2013. Adespec estimates that in the Brazilian construction sector alone, the demand will rise by 2% each year.

• Organic solvent emissions, often due to solvents used in the adhesive production process, are detrimental to air quality and worker health. Many adhesives are also difficult to remove from otherwise recyclable material, hindering efforts to avoid waste. The founders of Adespec realized that an environmentally friendly adhesive was necessary given the growth predictions of adhesive demand. Adespec’s niche is forecasted to become a $150 million market, representing the sub-sectors of construction, industrial and domestic appliances.

Unique Business Solution:

• Adespec manufactures adhesives and sealants for industrial, construction, and domestic use. The products developed and manufactured by Adespec are classified in three main categories: water-based adhesives, syloxane-based adhesives and polymer-based adhesives.

• Competitive Advantage:

  • Adespec uses Brazilian technology, minimizing the cost of importing equipment and enabling competitive prices for their products.
  • Adespec works with industrial sectors that have strong growth prospects, such as the green building sector.
  • New laws in Brazil that restrict the sales of solvent-based adhesives will benefit Adespec.

Environmental & Social Impact:

• Adespec reduces the risk of contaminating water, soil and air with harmful discarded adhesives.
• By not using dangerous solvents, Adespec improves worker safety.

Successes:

• In 2008, Adespec’s adhesive was one of eight products to receive certification during the Social and Environmental responsibility showcase organized by the Federation of Industries of São Paulo.

• Adespec was the only company in the adhesive and sealants industry whose product line received the ‘SustentaX’ certification in 2008.

• The Fund for Studies and Projects (FINEP) awarded a grant to Adespec in 2005 to subsidize the product development of special high performance adhesives.

Partnering with New Ventures:

• New Ventures showcased Adespec at the 2005 Brazil Investor Forum and was introduced to a future investor.

Financial information on this company has not been included for confidentiality reasons. Please click here to learn how you can receive more information about this company.

Updated: October 2011