FAQ
The goal of the project is to build the first ever unique factory in Eurasia that produces polymer bitumen binders at 150 000 tons per year. Early stage investments will provide for 100% profits. Investments gathered through Blockchain options for the construction of a factory for producing polymer bitumen binders will guarantee full transparency during every stage of the investment process. Investors will be able to receive all of their investment funds back at their first request post-ICO. After production launches, the company will buy back tokens on a monthly basis at a sum no less than $1.6 million. Every investor will be able to receive made products instead of their investments.
Polymer bitumen binders- are polymer composites made from high molecular weight petroleum subsidizing agents, polymers (rubbers), fillers, contained in polymer, protonated complexes and various other modifiers. The main difference from the applied technology of modifying bituminous rubber binders is in the chemical (nano-molecular) transformations of original components (raw materials). The received homogeneous polymer-bitumen composite possesses an array of positive properties such as heat resistance, use strength, plasticity, water resistance, characteristics common among cross-linked polymers (rubber) and high molecular petroleum weight components.
The molecular synthesis, used in our project is, in fact, modern day nanotechnology used in the production of polymer bituminous binders, which has been worked out already for a considerable amount of time. However, this is the first time they will be produced en masse in the Russian Federation, and perhaps, the world. Through the use of nanotechnology (synthesis at the molecular level), the stability and longevity of the product is ensured. Which is not the case with analogous existing PBB’s. Produced PBB’s differ in their heat resistance, resistance to mechanical influence, it’s 5 times as durable, plasticity, water resistance, which complies with modern day requirements and new standards.
For the Russian road building industry, the product, namely polymer-bitumen binders (PBB) - is a relatively new product, first seeing use cases on an industrial scale about 5 years ago, however, it demonstrates significant growth dynamics each year. In accordance “Rosavtodor,” in 2015, over 253 thousand tons of PBB was used, a year before, 190 thousand tons. In 2016, produced PBB totals 299 thousand tons. By 2025, the amount of PBB to be used is forecasted to be 500 thousand tons. Because of technological limitations, PBB has not been used in the Siberian Federal District as of yet. The improved features of the made product allows for production facilities to be fully exploited in different climate conditions.
To launch the product and to start producing 150,000 tons per year, 30 million dollars are needed.
The proposed project falls under the category of venture projects, due to the fact that innovative technology will be used in the production process. Collateral is required In order to attract investments from a bank and to minimize risks. Besides this, most banks do not provide sums greater than 3 000 000 000 rubles. At the same time, the loan interest rate significantly increases enterprise costs and cuts down cash flow. Attracting funds by means of an ICO greatly reduces the pre-investment period and allows us to start building the production facility as soon as possible while retaining full management rights.
The main idea is to launch a crowdfunding. Thus, anyone who wants to can become an investor's. To organize and hold the ICO, we have selected the Ethereum platform.
Investors will be provided with a digital token - SINT, the cost of which is 5 USD. A commodity backs the asset. As a matter of fact, this is pretty much an option that is sold at a discount. Every single investor will receive an option. A foreign company will transfer invested funds to the settlement account of Sintez Technology, which is a Russian LLC. In order to secure financial activities and reduce the need to depend on the risks of Russian banks, a foreign company was selected. The guarantor for the return of funds is Sintez Technology, LLC - the owner of the equipment and assets. If token holders are ready to disclose their personal information, then the company can provide full warranties and supporting documents. The enterprise will undergo a yearly audit. All audit reports will be published on our website. Video surveillance cameras will be installed on the production facilities premises: any user and investor will be able to see what’s going on in real time.
There are no regulations pertaining to the purchase and sale of cryptocurrencies. Since investments are carried out in cryptocurrencies like the bitcoin, ethereum, and others, then factually, the process of buying-selling cryptocurrencies happens abroad. Money is transferred to the account of a foreign company denominated in dollars. Then, they will be transferred to the account of a company in Russia. An international company, registered in Cyprus, a risk-free business territory.
The payback period for the project is 3 years. Following the conclusion of the ICO (which will go on for about a 2 month and end on 02/28/2018) the production facility for producing PBB will start being built. Preliminary work pertaining to the construction of production facilities and reservoirs for storing PBB and raw materials will take 5 months. At the same time, the construction of production facilities - 9 months. Followed by hiring and training personnel, production of a trial batch of products, and expansion into full production capacity - 3 months. After the enterprise is launched, we will buy back your tokens at the expense of profits that the company generates. Tokens will be bought back at a discount. Additionally, investors will be guaranteed profits on the account of the price of cryptocurrencies growing. Investors who do not submit a request to have tokens redeemed after 03/01/2019, will accumulated 8.5% per annum on a daily basis. The buyback period will go on for 18 months.
In order to successfully realize the project via an ICO, a minimum of 60% of our goal is needed, which equivalent to $18,000,000. Other funds, if necessary, will be collected through state programs that support single-industry towns, since the company is based in the town of Anzhero-Sudzhensk of the Kemerovo Oblast. Additionally, funds will be collected at the expense of state-owned corporations, such as the Federal Corporation for the development of small to medium-sized enterprises, Rosnano. The question of financing has also been discussed with the administration of the Kemerovo Oblast. You can get acquainted with the results of the discussions on the website.
We will produce 12 500 tons a month. We already have buyers that are ready to acquire our product, who are not only based in Russia. The material that we will produce has already gained interest from asphalt laying enterprises in China, Vietnam, and Sri-Lanka. In the situation that demand increases for the manufactured product, it is possible that production will be expanded through modular structures and exploited land.
New technologies for the synthesis of polymer bitumen binders are based on the principles of forming polymer composites from high a molecular high molecular weight petroleum solvent (rubber), fillers contained in polymer, protonated complex, and various modifiers. The main difference from the applied technology of modifying bituminous rubber binders is in the chemical transformations of initial components (raw materials). The received homogeneous polymer-bitumen composite possesses an array of positive attributes such as heat resistance, use strength, plasticity, water resistance, characteristics common among cross linked polymers (rubber) and high molecular petroleum weight components. A series of tests confirmed the quality of the final product. Laboratory research was carried out at the University of Chongqing (China), 1st Saint Petersburg asphalt plant. Anyone can see the test results on our website.
Blockchain technology is secure and transparent for everyone involved. Every user sees whats going on, whats being bought and sold. All transactions are carried out in real time. The enterprise will undergo a yearly audit. All reports will be published. Video surveillance cameras will be installed, any user and investor will be able to see what's going on in real time.
The mechanism is quite simple. After the ICO is over we funds will be accumulate on a foreign company's account. A percentage loan agreement will also be drafted between companies and Sintez Technology, LLC. And through this agreement, funds will go to the settlement account of Sintez Technology, LLC. After the factory is build and production is realized, Sintez Technology, LLC, will return the loan drafted in the agreement.
The preliminary cost of this product is $350 per ton. The preliminary declared volume of consumption is 12 500 tons per month. Product buyers are producers of asphalt, insulation and roofing materials, paint and varnish products.