Minimizing water loss due to evaporation in industrial cooling systems

What we are looking for?

Molymet has centralized cooling circuits in its industrial plants, and the water used in these circuits must be cooled in cooling towers, where water is lost due to evaporation (up to 17,000 m3 per month), causing inefficiencies in the system. This evaporative loss represents a problem, as water availability could be affected in the future, and it also goes against Molymet’s strategic commitment to reducing its water footprint.

Sector

Metal processing

Markets

Presence on 5 continents, with industrial plants in America and Europe and commercial offices in America, Europe and Asia

Revenues (2021)

USD 1.453.442.000

Employees

1.364

How will we evaluate your solution?

The goal is to reduce water loss by at least 30%, and the cost of implementing this technology should be equal or lower than the alternative cost of the saved water, reducing costs and risks for Molymet.

We are expecting to find

Technology is sought that allows centralized heat exchange management in an industrial plant, but without consuming (or minimizing) the use of water.

Technology that allows to capture evaporated water withouth affecting cooling tower efficiency.

Recommendations to apply

Review the current opportunities in detail and evaluate whether your technology solves the challenge posed.

Do it without interruptions: find a space in your schedule, a quiet place that allows you to concentrate while you complete your application.

Focus on how your technology fits the opportunity: how your technology would achieve the result expected by the large company. Give accurate data and explain the process in detail.

Your commercial maturity matters to us: the more information you provide us about your commercial maturity (revenue, financing rounds, investors, etc.), the more chances you will have of being selected.

Tell us about your experience with other companies that have had a relevant impact.

Provide additional information that can help us understand the impact of your technology: we highly value your videos, presentations, brochures, success stories, etc…

Apply early: the sooner you submit your application, the more time we have to learn about your solution.

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Venture Client step by step

Applications

March 15 to May 14, 2023

Interviews 1:1

May 17 to June 9, 2023

Finalists selection

June 13, 2023

POC plan mentoring

June 14 to 23, 2023

Value proposition days

June 27 to 30, 2023

Proof of Concept Implementation

July to September 2023