Peter W Weber: A pioneer all set to bring disruptive solutions with modern technology
The Most Futuristic Business Leaders To Watch
With
a creative mind and solid determination, Peter W Weber, Founder and CEO of
ceEntek, is a dynamic blend of an entrepreneur and financer, who is focused on
developing next generation products that are poised to solve some of the
construction industries biggest challenges. Having vast experience in the field
of advanced technologies, Peter knows first-hand the immense power technology
presents. By replacing old-world processes with new technologies, he sees
immense potential to transform the world we live in for the better. Being a
stalwart of the semi-conductor industry in the 80s, where as he puts it, he grew-up
with Intel, Peter was part of the golden-era of the Silicon Valley
eco-system. Peter has seen first-hand the impact technology has had on
transforming the world. Now, he is spearheading the world of carbon nanofibers
by bringing his decades of experience to the hugely promising field of
nanotechnology. Believing the famous adage, “Nothing is impossible”, Peter is a
visionary entrepreneur who is driven by his underlying passion for
technology.
Climbing the ladder of success
Peter’s passion for technology and
innovation began with his inherent inclination to learn. He completed his MSEE
degree in Communication Engineering at the Frankfurt University of Applied
Sciences, and was immediately drawn to the concept of innovating to solve
problems. Peter started his career in the semiconductor industry and with
dedication together with hard work quickly progressed within the industry. At
the age of 30, Peter was one of the first Intel employees in Europe and tasked
to build Intel’s market presence across the region.
While rising through the Intel ranks, Peter
had several mentors including Intel founders, Robert Noyce and Gordon Moore.
Besides being a constant source of knowledge and motivation, Peter honed his
management skills while working with them. “Growing up with leaders like Robert
Noyce and Gordon Moore was a privilege. They were the rock stars of the time,
but treated us young tigers as their equals” Peter explains. Peter’s successful
career within Intel saw him play an instrumental role in setting the worldwide
standards for the microprocessors giant, and to-this-day Peter remains a highly
respected and active contributor to the semi-conductor industry.
Upon leaving Intel, Peter co-founded Netro Inc, a company that focused on wireless communications. Under his leadership, the company listed on the Nasdaq and reached a market valuation of $5.0 billion.
Laying the foundation of ceEntek
After a successful career in
semi-conductors and on the back of his Netro success, in 2007 Peter embarked
into the world technology investing, which is where he first came across the
concept of carbon nanofibers (CNF). Peter was immediately drawn to the
potential of CNF and the application of CNF in materials such as concrete.
Peter highlights, “Once I learned that the
specific carbon nanofibers we had could be dispersed in water without
surfactants, I wondered what they could be used for in terms of real world
application. Nanomaterial is expensive, and to get costs down you need volume”.
While studying the use of CNF, he came across publications talking about
Ultra-High Performance Concrete (UHPC) and the potential impact of CNF in UHPC.
With concrete being such a huge market, Peter felt it was the right target
market to go after. “I then found a government program in Germany named
‘Innovation CNT’, I contacted a University involved in the program and asked
whether they would be interested in checking out my unique CNF dispersed in
water – they said yes and I sent two liters of ‘black water’ to their labs for
testing. They tested my CNF in their UHPC system and it resulted in the
performance improvements theoretically expected. This proved the CNF technology
in a UHPC application and was the Eureka moment to start ceEntek.”
Winning against tough odds
After the early breakthrough, Peter’s path
forward was not without its challenges. Early technical and commercial
roadblocks took considerable time to overcome. A major hurdle was that the
production of the CNF – which was initially being done in a high-voltage plasma
process – was not scalable. That led Peter and his team to develop a completely
new and proprietary process, that still produced the CNF of the exact molecular
structure needed for concrete, but in a method that was economically scalable.
Peter goes on to explain, “Today we have a fully automated process that
produces the right CNF that we need, and does so in a very efficient manner”.
Overview of ceEntek products and
services
ceEntek was founded in Singapore in
late-2010 to focus on the development of the technologies required for the
cost-effective production of nano-engineered Ultra-High Performance Concrete –
named UHPC 2.0TM by the company. “We
didn’t start out as concrete people, so we needed to rethink UHPC from
the ground-up. This came to be a huge advantage as it forced us to understand the
base materials we are using, cement and sand, and the physical and chemical
interrelation between these materials. This resulted in a UHPC system with the
best material characteristics, lowest carbon footprint, the fewest possible
ingredients, and the ability to source cement and sand locally from anywhere in
the world – which is then mixed with our base product at the last mile. This is
a huge logistical advantage for ceEntek, as the sand and cement is the
voluminous part of all UHPC products”, Peter notes.
ceEntek learned to blend their CNFs with a
superplasticizer paste, which they produce in Singapore and send to the mixing
sites around the world. A critical differentiator is that ceEntek’s UHPC2.0™ is
not reliant on complex blends of chemicals and additives. Furthermore, unlike
all other existing UHPC products, ceEntek’s UHPC2.0TM is not reliant on
potentially harmful, unstable, and difficult to source base ingredients such as
silica fume and quartz flour. This step-change is made possible by ceEntek’s
breakthrough in their unique CNF, and makes ceEntek is the only player globally
utilising CNF in UHPC.
Although traditional UHPC has generally
remained a niche product within the global concrete markets, ceEntek see this
rapidly changing as the world looks for ways to decarbonise the concrete
industry. By using UHPC2.0™ to produce structures such as pre-cast bridge
decks, the weight of these elements can be cut in half – thus lowering the
overall project cost as the bridge will be lighter and use much less concrete
and steel. Transportation and installation costs can be greatly reduced, as
expensive specialized cranes are not required.
Additionally, by utilising UHPC2.0™ and new construction methods which
are becoming increasingly popular, project construction times can be slashed
from months to days (or even hours), as UHPC2.0™ can achieve a load bearing
strength within hours. Finally and as a potential game-changer for the
industry, as less material is required, projects utilising ceEntek’s UHPC2.0™ can
slash their CO2 footprints by nearly 50%. This is massively significant
considering the concrete industry is one of the world’s most polluting
industries – responsible for a staggering 8% of global CO2 emissions –
presenting a serious global problem that thought-leaders around the world are
looking to address.
Speaking of ceEntek’s initial in-field
applications, Peter highlights, “UHPC 2.0TM based products and solutions
provide best in class solutions for lightweight, high-strength,
two-and-three dimensional precast units for the building industry, UHPC
overlays, joint fills and tunnel coatings for the transport infrastructure
industry, and coatings and grouts for marine, offshore, and windfarm projects.
These are all massive markets we’re proud to be able to supply into, as we aim
to help decarbonise the overall sector with our innovative products”.
Steering the wheel with a unique
approach
Peter believes that while innovative ideas
are great, focused and targeted execution is key. “Never ever become a victim
of the challenges. Rather, look at them as the stepping stones to success and
solve them to reach new heights. For example, we had to go very deep
technically as we could not buy the catalyst to make our CNF. So we decided to
develop our own catalyst based on low-cost raw materials. The automated
equipment to produce our CNFs did not exist, so we had to develop it ourselves
in combination with a German engineering company. But all these challenges make
us stronger today, and have put ceEntek in a unique position to be a global
leader in the push to decarbonise the concrete industry”.
Seizing the moment
The opportunities are huge for Peter and
his team as climate change, global aging-infrastructure problems and massive
future concrete demands strain developed and developing countries alike.
To outline the company’s vision, Peter
says, “Established concrete companies forgot how to innovate, opening the
market for ceEntek and other disruptive players in the market. With rapid
growth comes the need for financing, which is necessary for buying equipment,
opening new locations around the world, adding talent, and pre-financing the
buying of raw materials to support our growing order book. Small companies
often have a difficult time getting traditional bank loans for project
financing and strategic growth, but given that we’re at the intersection of the
right tech at the right time, we are seeing a lot of interest from forward
thinking investors. Such investors see the writing on the wall for the
industry, understand the relevance of our technology to disrupt, and are
excited by the massive opportunity we have in hand. With a successful 2021 on
the books, the company is ready to move to the next chapter as we start to
focus on hyper-scale mode. We are looking forward to this new phase of the
business and are moving forward building a solid high-growth business future
with our partners”.
Wearing the CEO’s Cape
As the Founder and CEO of ceEntek, Peter
directs the creative engine in the company whilst also steering the ship. This
includes new products, technology development roadmaps, contacting potential
clients and market development. He deeply understands that building a tech
company from scratch requires full devotion to stay-sharp, innovate, adapt, and
move forwards efficiently, all whilst doing everything and anything that
needs to be done. Peter understands the critical importance of bringing
committed talented people into the company, and closely works with his team to
make the company’s vision into a reality.
Sharing his daily work routine, Peter
begins his workday by talking to ceEntek’s US team, who have just completed
their day. Once he goes through all their finished work comprising of images
and videos, he talks to them via Zoom or phone. After this, he checks the
emails received overnight and responds accordingly. Proceeding this, he visits
the factory floor and management team heads, where he goes through a queue of
ad hoc and regular scheduled meetings on the technical and business development
side.
There is a weekly calendar of these regular
meetings. Every Monday morning starts with the staff meeting, while Tuesday
afternoon covers the front-end team meeting that encompasses everything from
catalyst to CNF production and streamlining the entire process efficiently.
Wednesday afternoon sees a meeting with the back-end team, UHPC development,
and production support. Peter tries to keep the Thursday schedule vacant from
any pre-scheduled meeting and focuses on addressing new issues faced by the
team. Friday comes with a scheduled morning meeting with the communications
window with the US organization, and closes the official work week with an
afternoon team meeting that ensures that everybody is working on the same page
and understands what is going on throughout the company.
Peter states, “Weekends are for catching
up, making plans, and reviewing the status of the company. Let’s not forget
meetings and updates with existing investors, potential new ones, and
strategies on how to make the best use of funds and drive future growth”.
Keeping a leading by example
approach, Peter is always ready to help teach employees as much as he can. With
so many meetings and creative roles on the plate, he rarely gets time to enjoy
his personal life away from ceEntek. However for Peter ceEntek is his passion,
he loves his work and enjoys having his impressive wife Yana involved to
support his daily routine and commitments.
Stating his chief motivator, he says, “I
think growth and expansion are ultimately the best motivation for all team
members. It creates new job opportunities, allows people to progress forwards,
and gives the team a chance to share in the success we’re creating at ceEntek.”
A Promising Tomorrow
Peter’s aim for ceEntek is to become the
technology and sustainability leader for UHPC concrete products and services
around the world. He explains, “there is an old saying, ‘when you work hard,
you are allowed to getting lucky.’ I knew there would be a huge market for our
UHPC. But I had no idea we would get such strong tailwinds as we have today,
driven by things such as the infrastructure renewal focus of the Biden
administration in the US, the huge growing demand for sustainable concrete
products, and the world finally waking-up to understand the impacts of climate
change. This has accelerated a macro shift globally to decarbonise all
industries, including concrete, which until now is one of the world’s most
polluting industries – and we can help solve this”.
ceEntek is certainly well positioned at the
intersection of these fundamental shifts and ready to lead the industry as the
leading sustainable UHPC supplier. The fast growing tech company has an
impressive future technology roadmap which will continue to open new
opportunities, and the company has committed to NetZero35 program and is
actually ahead of schedule.
To accomplish his plans, Peter and his team
are further expanding ceEntek’s technology leadership by enhancing UHPC 2.0TM and
its ‘green’ properties. “I’m not satisfied with just being the best, if we can
be even better we must pursue that relentlessly” Peter states. “Our target is
to have the most advanced products with the most easy and safe handling for the
users. The technology is here to minimize the massive CO2 pollution the
combination of today’s cement and steel-based concrete is creating. It is our
obligation to use it to build a sustainable future for all of us”.
Besides these goals, he states, “I hope I
will stay healthy and fit to accomplish this. And, one of these days, I want to
have time again to take my motorcycle to the beach in California or exercise my
privilege as a Private Pilot. But, you need to allow life to happen. Certain
things you cannot force, be ready to adjust when adjustment is necessary, and
stay the course when you know it’s the right thing to do.”