“We have held talks with three US companies, and got very positive feedback,” Razbegaev said. “The companies are interested in getting the license for manufacturing our materials, distribution cooperation, as well as doing the joint production in Russia.”
Razbegaev noted that Prestorus began its activities in Russia in 1998 as an exclusive distributor of US technology of the American company Presto Geosystems. And some 20 years later it returned to the US market with its own innovative materials.
“This material was developed in the United States,” he explained. “What we have brought now is a technology improved and modified by our engineers that helps reduce the material cost, lessens the installation time as well as contributes to minimization of transportation expenses. That’s what we would like to offer to the American market.”
Razbegaev said that the export-oriented company expects to make the first deliveries of its geocells in 2017.
“We are a new company for the US market, and we will have to do some work to make the first delivery as the US and Russian standards and testing methods are different,” he added. “We hope to deliver some five to eight containers in 2017. On average a container includes some 12,000 square meters and costs some $50,000.”
Prestorus has patented its inventions — new technologies and designs in Russia and abroad, including in the United States. The company has contracts in Vietnam, and had deliveries to Kyrgyzstan, while it is also in discussions with Greece, Finland, Italy, Slovakia and Hungary.
Geocells or cellular confinement systems are used in road and railroad construction, in retaining walls and slope protection systems construction, in protection of pipelines and channels, in oilfield construction and site development, among others.
