Commercialising Dormant IP A Case Study IRDG Event- Dec 12th 2012 Dr. Paul Mc Evoy Confidential Information © Technology from Ideas, 2012 Case Study • Enva Ireland Ltd. – Waste management and environmental solutions – Developed a novel waste water treatment solution for a challenging customer situation based around electrocoagulation – Operated for over 2 years before factory was shut down – Enva had filed patents but IP was Dormant and unused – Approached TfI to help evaluate the dormant IP to see if it could be commercialised to deliver a return on their investment Confidential Information © Technology from Ideas, 2012 Process • TfI implemented a 3 step process to evaluate Enva’s dormant IP to determine whether it had value and if so, how to commercialise it. Each stage concluded with a review meeting to decide whether to proceed 1. State of the Art Review – Review technology and patent landscapes to compare with other EC systems – Review commercial landscape and activity to determine who else is out there and what they are doing with EC 2. Applications – Review applications and filter down to prime targets for Enva 3. Route to market – Review route to market options and begin commercial engagements Confidential Information © Technology from Ideas, 2012 State of the Art Review Confidential Information © Technology from Ideas, 2012 Purpose • Review Enva’s technology and patent • Identify who else has EC systems – Review their patents and solutions, comparing against Enva’s to identify what is unique about Enva’s system • Determine what (if any) Unique Selling Proposition Enva may have Confidential Information © Technology from Ideas, 2012 Approach • Patent Searching – Identify companies and key patents • Literature review – Identify key papers on EC • Market Review – Identify companies, products and solutions • Analyse findings – Determine Enva’s Unique Selling Points Confidential Information © Technology from Ideas, 2012 Applications EC is being used for • Oil & Gas – – – – • • • • • • • Refineries Hydraulic fracturing Produced Water Naphthenic Acids Pulp & Paper Shipyard / Bilge water Metal finishing Vehicle Washdown Phosphorus Removal Leachate Treatment Mining Confidential Information © Technology from Ideas, 2012 • Crystal Production • Sewage on Ships • Surface/ground Water Remediation • Municipal WWT • Textile Industry • Cooling Towers • Meat & Poultry Processing • Dairy • Inland Fish Farming Comparison vs Water Tectonics IP • Key Points – Serpentine flow – Mono-polar system – Very similar connection system to Enva – Patent filed – Aug 2010 • Enva Benefits – More uniform consumption of electrode – Possible license required Confidential Information © Technology from Ideas, 2012 Comparison vs Aguacure IP • Key Points – – – – Similar design to Enva Monopolar Patent filed – Jul 2006 Patent updated Jul 2007 with additional details • Enva Benefits – Protected electrode contacts – Simpler to set-up Confidential Information © Technology from Ideas, 2012 Morselt Redbox • Skid based system • Primarily targeted at – metal treating industries, – print industries – paint industries • Few details on large scale implementations and many negative comments seen Confidential Information © Technology from Ideas, 2012 Halliburton’s CleanWave™ Product • WaterTectontics EC technology • Containerised with 100kVA generator • 1000GPM • Targeted at shale gas operations Confidential Information © Technology from Ideas, 2012 Why Enva’s EC Solution? • Technically it – Optimised electrical connection using collars / bushes – Delivered uniform consumption of electrodes • This delivered – Longer time between replacements – Lower manpower & consumable costs • Operationally – Significant large scale operational experience – Clear data on cost benefits – Small compact units offering many advantages versus alternative treatments Confidential Information © Technology from Ideas, 2012 Conclusions • Extremely wide range of applications with many ‘magical’ claims and no lifecycle costs – EC is a piece of an overall waste water treatment solution, not a stand alone solution – More detailed technical analysis would be required to determine true market benefits to any specific application or implementation • Wide range of small SME companies but few big players – None of the global water treatment companies have implemented EC • Only Oil & Gas seeing large scale investment Confidential Information © Technology from Ideas, 2012 Applications Confidential Information © Technology from Ideas, 2012 Changing Market Drivers • Pressure to reduce water consumption (& increase recycling) • Water shortages • Increasing environmental cleanliness targets • Pressure to reduce chemical use Requirement for “Green” solutions • EC Sweet spot: – Where there is water recycling requirement – Where there are footprint or throughput considerations – Heavy metals; suspended & colloidal solids; FOGs Confidential Information © Technology from Ideas, 2012 Oil & Gas Market • Strong potential – – – – – Coagulation is currently used in oil refineries Electrocoagulation has been used in fracking Remediation treatments of interest High water reuse requirements Contaminants suit EC (colloids, heavy metals) • Ability to validate opportunity locally – E.g. WhiteGate Refinery, UK refineries • Recommendation – Start approaching fracking and oil remediation companies to validate opportunity / seek partners Confidential Information © Technology from Ideas, 2012 Mining Market • Strong potential in ore processing – – – – Contaminants suit EC (heavy metals) Enva already used EC for lead removal Some EC already used in Uranium mining High water reuse requirements • Validation – Can partially validate opportunity with local companies (e.g. Boliden Tara Mines Limited,Vedanta Resources plc, UK Coal) – Need global validation for other ore mines (e.g. Copper, Iron) • Recommendation – Need engagement with global engineering or water companies in this space to validate opportunity / seek partners Confidential Information © Technology from Ideas, 2012 Paper and Pulp Conclusions • Strong Potential – Contaminants suit EC (tannin, lignin) – EC already used in packaging plant • (Smurfit Kappa) – High water reuse requirements pulp • but not for paper or engineered wood • Validation – Local companies which can be approached (e.g. Coillte, Smurfit Kappa Group, UK & European pulp/paper mills) • Recommendation – Begin to engage with companies in this space to validate opportunity / seek partners – Need engagement with global water companies in this space to validate opportunity / seek partners Confidential Information © Technology from Ideas, 2012 Route to Market Confidential Information © Technology from Ideas, 2012 Purpose • Identify route to market options • Support Enva in their determination of the desired route forward based on – Identified target applications – End customer feedback in target markets – Investment and resources • Drive the route to market activities – Engage with customers / licensees – Gain interest – Move to NDAs and negotiations Confidential Information © Technology from Ideas, 2012 What are the options? Licensing Product/Solution Offering Identify Targets Develop Model Other EC OEMS Solution developers End Users Target Applications/End Users What partners? Technical/Development /Sales Route to Market Build and Test Proposition Build Business Case Confidential Information © Technology from Ideas, 2012 Route to market validation • Business case built and validated against target markets – Demand validated for pulp – Demand validated for mining but would need to be supplied by large global suppliers as part of full plants – Demand validated for mining but high barriers to entry – Engineering costs for prototype product ascertained • Licence Proposition built – Global waste water suppliers interested – Oil remediation companies interested – Other SME EC providers not approached as business case determined licensee would need global reach and full solution provision Confidential Information © Technology from Ideas, 2012 Chosen Route • Enva chose a licensing route because – Key target markets are global and Enva cannot support these markets – Significant investment costs required to productise the EC into a modular solution for these markets – EC is a component of a waste water solution and would be best offered by large water treatment companies – Could outsource license campaign effort to TfI on a risk sharing model resulting in low impact on Enva resources Confidential Information © Technology from Ideas, 2012 Status • Ongoing engagement targeted on license deal • Primary targets are global waste water treatment players – Good response with multiple global waste water treatment companies interested – Technology moving through multi-staged evaluation processes • Secondary targets are specialist application companies (e.g. oil remediation, mining, etc...) and are on hold Confidential Information © Technology from Ideas, 2012
© Copyright 2026 Paperzz