Business Model
Sargassum Clean-ups
Our Caribbean team will initially clean Sargassum off the beaches in the Caribbean. Currently Caribbean Governments and hotel owners pay up to $50 a tonne to remove the seaweed and put it in landfill. We can charge our clients for removal, at a lower price since we can also sell it downstream.
Sargassum Sales
The value of dried Sargassum is around £500 a tonne. Therefore, each container of Sargassum is worth around $11,000. We will sell this to industry, with our first client and partner already willing to take as much as we can create.
Carbon Credits
The value of dried Sargassum is around £500 a tonne. Therefore, each container of Sargassum is worth around $11,000. We will sell this to industry, with our first client and partner already willing to take as much as we can create.
