The corporate venture fund is part of Tecpetrol's Energy Transition Unit, and it invests in early stage to growth technology companies that can accelerate the decarbonization while delivering Energy Transition business development opportunities. After 3 months of launching, the Fund has made its first investments.
Techint Engineering & Construction is positioning as a company with a leading role in the energy transition as an integrator of technologies, backed up with its vast engineering, procurement and construction experience.
Energy efficiency, reduction of greenhouse gas emission and landfill consumption, and higher quality products will be the drivers of innovation in the steel industry over the next few years. The increasing demand for energy and its consequent rise in prices pushes steel producers to apply new solutions. The efficient use of resources is an integral part of Tenova's selling proposition.