Scidev Ltd Company Profile
ASX:SDV

A combination of world-class technology, chemistry, management and manufacturing.

SciDev is targeting the global US$10bn water treatment, N.A oil & gas and mineral processing markets with its unique and bespoke chemistry solutions for tier-1 customers.

  • Company
    Scidev Ltd
  • Website
  • Sector
    Chemicals
  • Industry
    Commodity Chemicals
  • Code
    ASX:SDV

Company Overview

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SciDev Limited is a solids-liquids separation technology company. SciDev’s suite of services allow end users in the industrial and mining sectors to realise significant productivity improvements while delivering reductions in their water, wastewater, mineral processing and tailings treatment costs.

SciDev’s core technology addresses multiple market verticals. Through its OptiFlox® technology, SciDev addresses the thermal coal (Peabody), coking coal (Bowen Basin), mineral sands (Iluka), iron ore, base metals (Las Bambas copper mine), oil (Syncrude), gas and precious metals (Kemtec, Sinoz) markets.

SciDev are also supported by Chinese manufacturer Nuoer Group, which are the second largest producer of PAM globally.

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Delivering Revenue Growth

SciDev continue to grow revenues through the commercialisation of their OptiFlox and MaxiFlox technologies, including a A$8-A$12m revenue deal with Iluka Resources, one of the largest mineral sands producers in the world.
Validation + Traction

The technology, chemistry, team and manufacturing capabilities that SciDev brings to market are validated by its multiple A-grade clients across several market verticals.

Defendable & Sustainable

SciDev’s IP is a significant asset that has been developed over 10 years of R&D and forms a barrier to entry for potential competitors.

High-Quality Business Model

Only SciDev’s coagulants and flocculants can be used in the OptiFlox® system which gives the company a recurring revenue stream once installed.

Presentation

Download the latest company presentation here

New Acquisitions

SciDev have acquired two revenue producing businesses, ProSol Australia ("ProSol") and Highland Fluid Technology ("Highland"). Both acquisitions have brought in experienced teams which will help the company scale its operations. The Highland transaction will allow SciDev to supply its bespoke chemistry for fluid recycling and water use in the US$2.5bn onshore oil and gas market. Highland have accepted scrip payment at A$0.60/share for the majority of its payment and consequently are invested heavily in SciDev's success as a listed vehicle.

Significant Quarterly Revenue Growth

SciDev’s clients include some of the largest industrial and mining companies in the world, which validates the commercial applications of SciDev's technology. This has led to significant quarterly revenue growth, with SciDev achieving its first cash-flow positive quarter in March 2020. Commercial trials have also recently begun at significant sites in new multiple market verticals including copper (Las Bambas Copper mine) and oil-sands (Syncrude, one of Canada's largest oil-sands companies).

World-Class Cornerstone Investor

SciDev has secured world-class manufacturing capability by entering into a binding Heads of Agreement (HoA) with Nuoer Group, the world’s second-largest producer of water-soluble polymers. This HoA gives SciDev exclusive distribution and marketing rights in Australia and other Oceanic countries for Nuoer’s polymer products. Nuoer has also recently become a strategic cornerstone investor in SciDev.

Core Technologies

SciDev’s suite of services allow end users in the industrial and mining sectors to realise significant productivity improvements while delivering reductions in their water, wastewater, mineral processing and tailings treatment costs. SciDev are also fast tracking its patent-pending xPAM technology to solve current and pressing needs in the oil & gas sector.

Experienced Team

SciDev's have a world class team, including:
Lewis Utting
Chief Executive Officer
Lewis brings deep industry connections to the company, being an ex-BASF senior executive. BASF is the largest chemical company in the world, with turnover of ~EUR62bn.
Jamiel Muhor
Business Development Manager
Jamiel Muhor has been appointed Business Development Manager to help continue SciDev's rapid growth.
Jeffery Zhang
Marketing & Strategy Director
Nuoer Chemical Australia’s (NCA) Jeffery Zhang (joined February 2019) who is being utilised to drive growth as SciDev’s new Marketing & Strategy Director
Dale Barron
Chief Operating Officer
Dale Barron (joined October 2019) brings 25 years experience in the sector to SciDev including his time as the Head of Mining Asia for Clariant.

Cost Savings

One of the key benefits for end users is the cost savings that customers experience by switching to SciDev's technology.

SciDev Videos

Click here to watch what makes SciDev special

Multiple market verticals

SciDev’s core technology addresses multiple market verticals. Through its OptiFlox® technology, SciDev addresses the thermal coal (Peabody), coking coal (Bowen Basin), mineral sands (Iluka), iron ore, base metals (Las Bambas copper mine), precious metals (Kemtec, Sinoz) and oil sands (Syncrude) markets. The company’s core technology also has extensive applications in the industrial sector via its DairyFlox®, and MaxiFlox®.

Potential asset spin-off

A potential spin-off of SciDev's zinc assets could also create additional resources upside for SciDev shareholders. In addition to copper-sulphide prospects, Tartana also holds a zinc-rich slag project in Western Tasmania. Spinning these assets out provides the company the ability to focus on commercialising its extensive range of in-house IP.

Clock icon Information current at 17 April 2020
This section contains information provided by Scidev Ltd, with the exception of any sections labeled as "risks". Although all due care has been taken, Mawson Graham ("SmallCapInsider") does not warrant the accuracy of the information provided in this section. It is not intended as an offer, invitation solicitation or recommendation with respect to the purchase or sale of any securities. The above information should not be relied upon as the sole representation of any matter that a potential investor should consider in evaluating Scidev Ltd. Its affiliates or any of its directors, agents, officers or employees do not make any representation or warranty, express or implied, as to or endorsement of, the accuracy or completeness of any information, statements, representations or forecasts contained above, and they do not accept any liability for any statement made in, or omitted from, the above. Prospective investors should make their own independent evaluation of an investment in Scidev Ltd. This information may contain forward looking statements concerning Scidev Ltd. Forward-looking statements are not statements of historical fact and actual events and results may differ materially from those described in the forward looking statements as a result of a variety of risks, uncertainties and other factors. Forward-looking statements are inherently subject to business, economic, competitive, political and social uncertainties and contingencies. Many factors could cause the Company’s actual results to differ materially from those expressed or implied in any forward-looking information provided by Scidev Ltd, or on behalf of Scidev Ltd. Forward looking statements are based on Scidev Ltd's beliefs, opinions and estimates. No obligation is assumed to update forward looking statements if these beliefs, opinions and estimates should change or to reflect other future developments.

Company Videos

1 Video

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