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72

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Flight Time

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JULY 2018

Me & My Business

premium products meant that, by 2017, demand

was threatening to outstrip supply.

At the same time, the restaurants that once

drove growth were tightening their belts. The

company needed to find a new – plentiful and

cheaper – source of charcoal, to sell alongside

their premium core product.

In 2017, Matt and Simon brought in David

McKechnie, who has a background exporting

raw materials from Africa, as Commercial

Director. “Matt knew about marabou charcoal

from Cuba,” David tells me. “He set me on a

Yellow Brick Road to get hold of some. It grows

as a weed all over Cuba but someone discovered

it makes amazing charcoal. We are actually

sourcing it from a Portuguese company that

already has the relationships with Cuba.”

While David oversees the company’s

move into this new phase – he says the

great weather in May helped drive Oxford

Charcoal’s biggest month ever

– Matt continues to focus on

the core product.

“Business is not my forte,”

he laughs. “But creative and

slightly-unhinged activities? I’m

pretty good at those!”

www.oxfordcharcoal.co.uk

Living and working in woodlands where

many Oxford University scientists carried out

field work, Matt had access to informal advice

as his interest in the subtle responses of wood

to heat grew. One of his University connections

put him in touch with timber entrepreneur

Simon Fineman. “I told Simon we would need

£150-£200k to design and construct a new kiln

and get the business going. It turned out to be

significantly more.”

Matt travelled Europe and found businesses

with similar ideas to his own. He paid £30,000

for a kiln he had discovered in Ukraine. It was

rudimentary and possibly unsafe. But it was a

starting point.

“The process took 24 hours to turn each batch

of wood into charcoal – I had to stay awake for 24

hours to make sure the kiln wasn’t overheating

and open the safety valve manually. Otherwise,

the kiln would have been like a giant bomb! Then

I’d sleep for four hours in my

shed… and start again.

“I was in my element. I was

nearly blown up a couple of

times, but within 10 months

I had learned so much.

We worked on creating an

automated safety process and

eventually had a new kiln built.”

The first customers were local. “I sold little

3kg boxes in farm shops. Soon, chefs were

coming back saying how amazing the flavours

were: the hazel charcoal gave fish an amazing

flavour; wild cherry charcoal worked really well

with duck or venison. Suddenly, we found a

market in high-end restaurants.

“Telling people your product is sustainable

and ethical can only take you so far: they want

to know it’s a really good product too!”

The quality of the product has driven word-

of-mouth growth. “Social media is great for

telling people your story.”

Though the company is now the largest

UK-based charcoal producer, Oxford Charcoal

has less than 1 per cent of the volume of the UK

market. Mass-market charcoal retails at around

£1 per kilogramme, while Oxford Charcoal is

priced up to £4. Nonetheless, the appetite for

“Soon, chefs were coming back saying how

amazing the flavours were: the hazel

charcoal gave fish an amazing flavour; wild

cherry charcoal worked really well with

duck or venison. Suddenly, we found a

market in high-end restaurants”