Report

Teaser, summary, work performed and final results

Periodic Reporting for period 1 - SILVERWINE (Antiseptic kaolin-silver complex for substituting the use of sulfites in winemaking)

Teaser

Task 1: Technical viability assessment: Technician will study the optimum dosage for each reference (for tanks and for casks), as the dose put currently in each bag might be diminished in order to increase the profit of each product. Also the reusing system will be studied in...

Summary

Task 1: Technical viability assessment:
Technician will study the optimum dosage for each reference (for tanks and for casks), as the dose put currently in each bag might be diminished in order to increase the profit of each product.
Also the reusing system will be studied in order to design the most adequate way of gathering the samples, the incineration system and the recovery of both the kaolin and the silver.
Freedom To Operate Analysis.

Task 2: Commercial assessment:
Technician will assess the commercial potential by elaborating a commercialisation plan, including a market study with an in-depth analysis of the potential industries that can apply SILVERWINE, a value chain analysis, a study concerning the most appropriate solution for Intellectual Property management, the development of the innovation strategy and a precise timeline for entering the market.
Technitian from ENOSAN will be in charge of the winemaking sector analysis.

Task 3: Financial viability assessment:
Technician will execute the financial viability report after studying the technical and financial viability assessments.
The report will contain a detailed study of pricing and costs, expected selling quantification, study of the pinpointed bottlenecks and action plans to circumvent them.
Finally a thorough risk analysis will be performed and adequate action and mitigation plans will be designed.

Deliverable:
A thorough feasibility report will be elaborated by studying the information provided by the technical, commercial and financial viability assessments performed (Tasks 1, 2 and 3).
A detailed business plan will be elaborated, including the definition of the SILVERWINE business model.
The financial viability assessment will provide the expectations concerning investment, profit and impact in ENOSAN and NASTRI-TEX.

Work performed

SILVERWINE is Kaolin-Silver colloidal complex in the form of infusion bags to be soaked during the winemaking process in the tanks and in the casks, inhibiting the growth of undesirable microorganisms such as acetic bacteria and brettanomyces, stabilising the wine colour and allowing substituting the use of sulfur dioxide. Three main components will be used: metallic silver, kaolin, and infusion bags made of a 5 m porous cloth made by Polyester- Multifilment allowed for food industry and pharmaceutical use.
This technical viability assessment has studied:
 Study of the optimum dosage for each reference (for tanks and for casks), as the dose put in each bag might be diminished in order to increase the profit of each product.
The optimal dose for applying SILVERWINE both for tanks and for casks have been calculated.
 Study of the most appropriate material for the infusion bags.
We might suppose the use of three different synthetic fibers or their mix is the adequate way.
 Study of the reusing system in order to design the most adequate way of gathering the samples, the incineration system and the recovery of both the kaolin and the silver.
Treatment of the KAgC complex to be recovered, drying and recovering kaolin with silver has been designed.
 Study of related IPR at global level to ensure Freedom To Operate for SILVERWINE.
We have studied the related patents, and they partially refer to the functionalities or aims that the product SILVERWINE has, however none of them fully, making our product pretty differential, and unique.
From the commercial assessment we have concluded to carry out commercialisation plan in three phases, reaching Spain, France and Italy, the rest of Rest of the winemaking EU28 (mainly Germany and Portugal), and finally Chile, Argentina, Australia, South Africa, and the US.
From the financial viability assessment we have concluded that the ROI of the endeavour is over 3.

Final results

The SILVERWINE feasibility study performed has allowed us to validate the viability of our project and to better understand how we should deploy our project to effectively reach the market. Our main conclusions are:
We have studied dosage, the textile material for the infusion bag, the recycling method and assured the freedom To Operate for SILVERWINE.
We can conclude that among the global wine market there is a trend for consuming more natural wines, what is perceived by the consumer as low-sulfate wines among other kinds such as organic, and that consumers are willing to pay extra € per bottle of low-sulfite wine.
We conclude that the situation of the winemaking European sector, which can be translated to every OIV associated country, is absolutely prepared for receiving a product such as SILVERWINE, and this is supported by the analysis of each Political, Economic, Sociological, Technological, Legal and Environmental points of view.
The key for success of SILVERWINE is the only product that allows a full substitution of SO2 in winemaking, and this fact satisfies consumer demands, fostering loyalty among a sector of consumers that are willing-to-pay € extra per bottle for avoiding sulfite consumption when they drink wine.
This commercialisation plan will render the following financial impact in both members of the consortium: We calculate that total investment for bringing this project to the market will be around €1.8 million. This project will have by 2023 a ROI [Return of Investment=(profit-investment)/ investment] over 2.3. SILVERWINE will also have an impact regarding employment, as a total of 33 people are planned to be hired. Of them, 26 will be hired from ENOSAN, and 7 from NASTRI-TEX.