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2 December 2020

Four Startups have successfully completed pilot projects in ChelPipe Group Accelerator by GenerationS

ChelPipe Group and GenerationS summed up the results of the corporate acceleration program aimed at finding innovative projects in the pipeline industry. Four Russian startups from Moscow, Perm, Yekaterinburg and Magnitogorsk have successfully completed all the stages from scouting to pilot tests of their technologies in order to build long–term cooperation with ChelPipe Group - one of the leaders in Russian metallurgy sector.

As part of the final pitch day, the project teams, together with company's experts, presented to the management of ChelPipe Group the pilot results aimed at implanting innovative solutions in the company's business.

Thus, the introduction of composite technologies into the technological processes of the ChelPipe Group will allow the company to organize the production of a completely new type of product on the basis of existing production: durable, lightweight and recyclable polymer-composite pipes, as well as enhance the resistance of pipelines to mechanical damage.

Another startup presented an industrial waste cleaning and recycling technology for making products more environmentally friendly. The technology is based on the use of special pectin-based coagulants during separation of CL (cooling lubricants) derivative products and reduces by several times the plant's need for waste disposal services provided by third parties. It is easily integrated into the existing line of equipment and does not require big investments.

Apart from that, the Accelerator made it possible to ChelPipe Group to test an innovative solution for increasing the strength of components and parts in the pipeline industry. Besides, the new technology improves the operational reliability of products, reduces energy consumption, and is absolutely harmless and waste-free.

Another project that has successfully gone through acceleration process focuses on ways to improve the performance of threaded connections by applying a wear-resistant coating to their working surfaces which is highly topical today. Several startup teams that were shortlisted for the accelerator will also continue implementing pilot projects after the Demo Day.

Boris Kovalenkov, General Director of ChelPipe Group: "ChelPipe Group is working systematically towards finding innovative solutions in order to develop in-house production facilities and technologies for the benefit of customers. A partnership with the GenerationS accelerator allowed the company to quickly search for the latest innovative solutions on the market and introduce them in production. Successful cooperation between ChelPipe Group and startups has once again proven that the domestic pipeline industry is confidently moving towards a science-driven, technological and digital future!"

Ekaterina Petrova, Director of GenerationS corporate accelerator: "Despite the pandemic-related challenges and restrictions, the accelerator participants have successfully completed pilot stage at the production sites of the ChelPipe Group. The teams demonstrated a high level of readiness to implement their technologies in the current production, a profound understanding of the business and specific characteristics of the industry, and a willingness to adapt their solutions to the partner's needs. We hope that their technologies will make a significant contribution to the development of high-tech, efficient, safe and environmentally friendly pipeline production in Russia consistently developed by the ChelPipe Group. We thank our partners for their professionalism, openness and involvement in joint work with our teams. For GenerationS, the most important achievement in within the framework of the accelerator with ChelPipe was a unique knowledge we gained. And this is of particular interest thanks to the experience gathered during cooperation with one of the leaders of the pipeline industry."

In total, more than 300 startups from Russia and the CIS countries, the USA, France, Finland, Israel, Canada, Japan, South Korea, India, and Mexico submitted their applications for participation in the corporate accelerator of Chelpipe Group. The projects were mainly focused on new types of products and materials, products as alternatives to traditional steel pipes, machine vision systems, energy-efficient and environmentally safe technologies.

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