CYBERJAYA, 16 Nov 2020 – VentureTECH today announced its investment of RM2 million in TEVO Creations Sdn Bhd (TEVO Creations), a Malaysia-made protective coating manufacturer to aid the company’s global expansion plan, and tapping into the opportunities of both smart coatings and nanocoating global markets.
Established in 2014 and presently serving the automotive, building and consumer segments, TEVO Creations produces surface protection nano-coatings in liquid form with properties that enable savings in energy and water consumption, making it environmentally friendly as compared to other conventional coatings produced by other players in the market.
“As a fairly young Malaysian company operating in an advanced materials market with very few players, we are very impressed with how TEVO Creations has successfully strengthened its position among other players in the country and regionally in a niche market of functional green technology protective coating manufacturer with nanotechnology application, one of the areas VentureTECH is interested in.