Innovation is an essential part of the ARAUCO strategy, combining ideas, technology, process optimization, creativity and entrepreneurship to develop new and better solutions for the needs of people and initiatives that seek social and environmental sustainability.

This joint venture between ARAUCO and the Etex group was born with the aim of manufacturing and marketing wood-based, state-of-the-art, environmentally friendly and high-precision constructive solutions.

It is an innovative project that is being carried out at the ARAUCO Valdivia Pulp Mill, which will allow to produce textile pulp for the first time in Chile, a premium product and that gives cellulose a new use.

Maqui is a fruit that has value in itself given its antioxidant properties, to which the subsidiary generates added value by producing this healthy drink. Thus, ARAUCO promotes innovation in three ways: social innovation, which has to do with the way in which the maqui is collected sustainably in collaboration with the communities; product innovation and commercial innovation, which is related to opening and generating demand.

Innovation is a strategic pillar for Copec, Mapco, Terpel and Abastible and its subsidiaries Duragas, Solgas and INSA.

Our subsidiary intends to take the lead in electromobility in Chile and the Region. In fact, today it has the most extensive network of electric chargers in South America, connecting 1,000 linear kilometers of the national territory, and will soon reach around 1,400 kilometers.

Terpel opened its first electric charging service point on the Bogotá-Medellín route, where it will have charging points every 100 to 120 kilometers. Thus, it became the first fuel distribution company in Colombia that offers in its stations charging service for electric vehicles.

Copec has also approached centers of technological excellence, and the innovation and entrepreneurship ecosystems that lead global development in these areas. A few months ago, the company joined the MIT Energy Initiative “Mobility Systems Center”, where leading companies are thinking and designing the mobility and energy ecosystem of the future.

Enhancing innovation is a strategic priority in Abastible’s culture. For that purpose, they created i-NOW Lab, a project incubator aimed at accelerating and systematizing the execution of innovation projects, with a focus on improving the customer experience and process efficiency. Through i-NOW Lab, several initiatives have emerged, including the identification of customers through the fingerprint and the Abastible Meter, an IoT (Internet of things) device that delivers real-time data, of the level of gas in a cylinder, helping to manage its use and preventing customers from running out of supply.

Through our subsidiaries Golden Omega and Orizon, we are promoting the generation of R&D&I in the healthy food production industry.

The Golden Omega subsidiary proposal is based on the development and implementation of effective technological innovations in the world of Omega-3 fatty acids. To carry out this strategic vision, they have a team of scientists and engineers exclusively dedicated to Research and Development, state-of-the-art labs and a Pilot Plant.

Its productive technologies represent a new generation of processes of purification and concentration of Omega-3, materialized in three international patents and in the development of high-value knowledge and industrial secrets. As a result, Golden Omega offers a high-quality standard in purity of Omega-3 concentrates and an organoleptic quality unparalleled in the market. All this applied and effective innovation can be seen and tested in each of its products.

Orizon will soon house the Technological Center for Food Innovation (CETA) in its facilities in the IV region, aimed at promoting R&D&I in the food production industry.