Manufacturing of Tropical Insulated Panels
Project description and overview:
The current insulated panel products suitable for cool room construction used in the Northern Territory (NT) are sourced from interstate and China, which have been designed for the use in mainstream applications. Current products on the market, sold in tropical areas require additional over sealing to the panels to remove infiltration of moisture into the room.
Arctic Installations plan to automate the manufacturing of Arctic’s innovative panel design in Darwin. The primary objective of the project is to commercialise a locally designed insulated panel that has been specifically designed to maximise the thermal and structural building characteristics to withstand the climatic temperature and humidity, as well as to withstand the cyclonic conditions of the Northern regions of Australia.
The secondary objective of the project is to take the next step in the commercialisation process, whereby the learnings from the prototype stage of the insulated panel, will lead to the finalisation of the design and the local automated production facility to enable mass manufacturing of cyclone certified insulated sandwich panel materials.
Ultimately, the product will be a vast improvement on existing products in the market and will specifically be suited for the tropics. Once the manufacturing plant is commissioned, it is envisaged that the tropical panel profiles could be further developed and diversified into new markets such as the agriculture and fishing sectors.
- Increased spending on R&D
- Better qualified employees
- Increased levels of automation
- Greater capital intensity
- Newer equipment
- Larger geographical reach
- Higher marketing expenditure
- Arctic Installations forecast an additional $15M in revenue over 5 years
- This project is projected to create an additional 25 jobs over 5 years
Government Funds: $500,000 | Industry: $500,000 | In-Kind: $1,402,231