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Sustainable solutions for metals and mining

Building on decades of experience, Tenova works alongside its client-partners to design and develop innovative technologies and services that improve its business today and into the future. Tenova develops solutions that help metals and mining companies reduce costs, save energy, limit environmental impact and improve working conditions for its employees. Together, the people of Tenova share a strong sense of passion for their work. By channeling this passion through professional expertise, they are able to anticipate trends and transformations within the industry, helping clients identify and take advantage of new opportunities the moment they are available.

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2,500

Employees

BUSD 1.1

Million annual sales

BUSD 1.9

Backlog of orders

18

Countries covered

4

Core pillars: Sustainability, Innovation, Reliability, Safety

Sustenovability

"Sustenovability" is built on Tenova's resolution to embrace sustainability values and embody them in a portfolio of green tech solutions, holding themselves responsible to minimize environmental impact for present and for future generations. It is also a shared responsibility venture that the company is undertaking along with its employees, stakeholders, supply chain professionals, decision-makers and especially with its customers. Through the lenses of its professionals, Tenova upholds its customers' aspirations and needs by making the best out of its capacity to learn from the present and foresee how the future will look, by anticipating trends and transformations across the industry and beyond.

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Our history

  • 1950

    Starting in the steelmaking industry

    The Techint Group starts the production of steel structures and heavy mechanical parts in Buenos Aires in order to support its construction and industrial ventures.
  • 1988

    Pomini

    Acquisition of Pomini, a leading player on the roll grinders market.
  • 1994

    Intersteel

    Intersteel Technology, the US company that invented the Consteel® technology, joins Techint.
  • 1996

    Acquisitions

    Acquisition of three Italimpianti divisions comprising reheating and heat treatment furnaces, strip processing lines, and material handling systems. The acquisition of Italimpianti also marks the entry of the subsidiaries IT Deutschland and Tagliaferri, a long-standing electric furnace company.
  • 1997

    Techint Technologies

    The Techint Group creates the Techint Technologies business area specialized in steel production systems.
  • 2000

    Acquisitions

    Köster, a German company specialized in advanced technologies related to oxygen and solid material injection systems for electric arc furnaces, joins Techint Technologies.
  • 2001

    New technologies

    The new US EMCI technology for vacuum degassing is acquired.
  • 2005

    Further expansion

    Techint Technologies acquires Canada's Goodfellow Efsop, a well-known process control system for EAF; Mexico's HYL Technologies, world leader in the supply of gas-based direct reduction plants; and Italy's Presind, a specialist in automation and control systems for strip processing lines.
  • 2006

    Acquisitions and ventures

    With the acquisition of LOI Thermprocess, an international German supplier of high-quality industrial furnaces for the steel and aluminum industry, Techint Technologies becomes the world's leading furnace manufacturer. The acquisition of Austria's Key Solutions, enhances the company's pickling lines. Techint Technologies also forms a new joint venture, Techint Hypertherm, with an Indian engineering company, and acquires Pyromet, the leading South African company in submerged arc furnaces. In the same year, Timec, begins production.
  • 2007

    Tenova is born

    Techint Technologies is renamed Tenova in order to reaffirm an independent and strong identity in the marketplace. Tenova acquires Germany's TAKRAF, a worldwide leader in open pit mining equipment and systems that complements.
  • 2008

    Further acquisitions

    Core Furnace Systems, a leader on the North American market for industrial furnaces and electric smelting/refining furnaces, joins the network.
  • 2009

    Acquisitions strategy

    Tenova acquires Multiform, the third-largest Indian supplier specialized in cold rolling mills and strip processing lines; and I2S, an American company working in the design and manufacturing of cold rolling mills.
  • 2010

    New presence

    Entry of Germany’s Re Energy, a new company specializing in heat recovery and efficient energy for industrial furnaces. Tenova extends its network into two new countries, with Tenova Vietnam in the steel business and Pomini Tenova Sweden in roll grinders. It also moves into the Chinese mining business with Tenova TAKRAF China.
  • 2011

    Canada

    Tenova acquires Nova Analytical Systems, a company that specializes in extractive-gas analyzers and sample conditioning systems for industrial applications, based in Hamilton, Ontario, Canada.
  • 2012

    Bateman and Delkor

    Tenova acquires Bateman Engineering N.V., which includes the Delkor group, a leading equipment supplier and engineering house for the mining and metals industry.
  • 2013

    MTH

    Tenova acquires Metall Technologie Holding (MTH), leading provider of heat treatment furnaces, and Technometal operating in the secondary metallurgy business.
  • 2014

    Consolidating position

    Tenova focuses on consolidation, integrating and agglomerating various companies across the group. In the same year, TAKRAF starts developing HPGR technology (High Pressure Grinding Rolls).
  • 2016

    MHS

    Consolidating further, Tenova sells Bateman Projects, focusing on the equipment and technology sectors through TAKRAF and Delkor, and acquires Material Handling Systems business unit from FMC Technologies, strengthening its position in this business area.
  • 2019

    Going greener

    Tenova focuses even more on the green technologies for large steel and aluminium plants, choosing to sell the heat treatment for components companies - previously acquired in 2013.
  • 2020

    Reorganization

    Tenova decides to reorganize its governance to steady around the two businesses, metals and mining, to better focus on each specific priorities, market approach and global presence.

At a glance

At a glance

Duration:
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