Avertana develops proprietary process technology that refines titanium-bearing slag from steelmaking into valuable mineral and chemical products, eliminating residual waste and significantly reducing CO2 emissions. This technology provides manufacturers with cost-competitive, sustainable raw materials for everyday products, thereby minimizing their environmental impact and enhancing supply chain resilience.
Funding
$8.6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Steel manufacturing generates significant waste in the form of titanium-bearing slag, which poses environmental challenges and represents a loss of valuable resources. Traditional methods of sourcing raw materials for various industries, such as mining and chemical processing, have substantial environmental footprints and can lead to supply chain vulnerabilities.
Solution
Avertana has developed a proprietary process technology that refines titanium-bearing slag, a byproduct of steelmaking, into a suite of valuable mineral and chemical products. This innovative approach transforms a low-value waste stream into saleable commodities, eliminating residual waste and significantly reducing CO2 emissions compared to traditional raw material production. Avertana's technology offers a circular economy solution by providing manufacturers with cost-competitive and sustainable raw materials, such as titanium dioxide pigment, which are drop-in replacements for existing materials. The resulting products can be used in diverse applications, including paints and coatings, building materials, paper, and fertilizers, enabling manufacturers to build more sustainable and resilient supply chains.
Target Audience
Avertana's primary customers are manufacturers in industries such as paints and coatings, building materials, paper, and fertilizers, seeking sustainable and cost-effective raw material alternatives.
Features
- Proprietary process technology for refining titanium-bearing slag from steelmaking.
- Production of high-value mineral and chemical products, including titanium dioxide pigment.
- Circular economy approach that eliminates residual waste and reduces CO2 emissions.
- Cost-competitive raw materials compared to traditional sourcing methods.
- Drop-in replacements for existing raw materials in various industrial applications.
- Products applicable in paints and coatings, building materials, paper, and fertilizers.