Brett Bond
Tulsa, OK (USA)
Role(s):
Founder/Owner/Principal
Neoinsulation
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Startup
Location:
Tulsa
Industry:
Energy
Year Founded:
2013
Number Employees:
10-50 people
Business Stage:
Growth (not profitable)
Entity Type:
Limited Liability Company
Description:
Neoinsulation provides a unique patent pending solution to the oil and gas industry by helping insulate their water and gas lines from freezing. Freezing lines and valves is a very expensive problem in the industry costing oil and gas companies valuable time and money due to production stoppage. Our product is different from other solutions because not only is it the best insulator available, it is also removable allowing production crews to work on the flow lines and reinstall our product thereby saving the cost of re-insulating with other materials. We are in the first year of operation and have proven the concept with sales in the millions. We are currently contracted by several fortune 100 companies in various regions around the USA. The market opportunity is in the 100's of millions. Our product works and is very well received in the industry. This is a game changing product in the industry.