Arteco NV

What Arteco NV does

Arteco NV is a Belgium-headquartered specialty-chemicals company founded in 1998 as a 50/50 joint venture between Chevron and TotalEnergies, operating with approximately 170 employees across multiple countries. The company develops, manufactures, and markets high-performance antifreeze coolants and heat transfer fluids for three primary end markets: automotive (internal combustion, hybrid, battery electric, and hydrogen fuel cell vehicles), data centres (direct-to-chip liquid cooling), and industrial applications (heat transfer fluids for gas liquefaction, heat pumps, ice rinks, solar heating, and wind turbines). Arteco pioneered Organic Additive Technology (OAT) coolants in 1992 through its parent companies and holds an extensive patent portfolio covering OAT and its variants (N-OAT, P-OAT, Si-OAT, non-ionic) plus patented low-electrical-conductivity coolants for EV battery and fuel-cell thermal management.

The product portfolio spans three core brands — FREECOR (engine and EV coolants), ZITREC EC (data-centre direct-to-chip coolants), and Zitrec TF (industrial heat transfer fluids) — supplemented by sub-brands including Havoline, Freezium, ECO coolants, and corrosion-inhibitor packages. Production is anchored at owned plants in Schoten, Belgium (operating since 1994) and Nantong, China (opened 2024), with additional subcontracted manufacturing in the Netherlands, Turkey, South Africa, India, Japan, South Korea, Thailand, and the Americas. The company holds IATF 16949, ISO 14001/45001/50001, KIWA-ATA, NSF, and ISCC PLUS certifications, and its ZITREC EC 20 is listed on the Open Compute Project (OCP) Marketplace.

Arteco generates revenue through direct product sales via multiple channels: enterprise direct sales to OEMs for first-fill and service-fill approvals; aftermarket distribution through major oil companies (including its parents Chevron and TotalEnergies), independent blenders, and chemical distributors; and an industrial distributor network for heat-transfer fluids. Pricing is negotiated on a contract basis with no public disclosure. Customers span automotive OEMs (e.g., Tata Motors Harrier EV approval), oil majors, data-centre operators, and industrial end users, with the aftermarket and channel partner architecture diversifying the customer base despite the underlying dependence on its two JV parents for global distribution reach.

Name

Arteco NV

Legal name

Arteco NV

Website

https://arteco-coolants.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Arteco NV is a Belgium-based specialty-chemicals joint venture between Chevron and TotalEnergies that develops and manufactures high-performance antifreeze coolants and heat transfer fluids for automotive (combustion, hybrid, BEV, fuel cell), data-centre liquid cooling, and industrial applications worldwide.

Ownership category

akta.pro rank

Product category

Automotive & Industrial Coolants

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), Petroleum and Coal Products Manufacturing (3241)

SIC

Industrial Organic Chemicals (2860), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Transformer & Dielectric Fluids (IMAEAMAJ)

akta.pro secondary industries

Gear Oils & Transmission Fluids (IMAEAMAE), Greases & Specialty Lubricants (Greases, Pastes, Chain Oils, Silicone/Fluoro) (EUALAJAJ)

Keywords

• Engine coolants
• Heat transfer fluids
• Data center cooling
• Automotive coolants
• Industrial coolants

Headquarters

HQ city

Sint-denijs-westrem

HQ country

Belgium

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Coolant and Heat Transfer Fluid Products: Arteco develops, manufactures and markets a complete range of coolants for internal combustion engines and Electric Vehicles, data centre liquid coolants, and heat transfer fluids for industrial applications. Products are sold as first fill to OEMs, as service fill, and into the aftermarket through major oil companies, independent blenders, and distributors. Revenue is generated through direct product sales across multiple packaging formats (bulk, packaged) and concentrations (ready-to-use, concentrate, superconcentrate).

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Arteco develops, manufactures and markets a complete range of coolants and heat transfer fluids for internal combustion engines, electric vehicles, data centres, and industrial applications. The portfolio includes engine coolants (Freecor and Havoline brands), data centre direct-to-chip liquid coolants (ZITREC EC), and industrial heat transfer fluids (Zitrec TF), all built on proprietary Organic Additive Technology (OAT). Products are sold to OEMs for first fill and service fill, into the aftermarket through major oil companies, and to industrial users through a global distributor network.

Product overview

Arteco NV is a joint venture between Chevron and TotalEnergies founded in 1998, specializing in high-performance coolant technologies. The company offers three integrated product brands: FREECOR for engine and electric vehicle coolants, ZITREC EC for direct-to-chip liquid cooling in data centers, and Zitrec TF for industrial heat transfer fluids. The portfolio includes specialized variants such as ECO coolants with reduced Product Carbon Footprint, corrosion inhibitor packages, and engine protector solutions. Arteco pioneered Organic Additive Technology (OAT) and offers extensive OEM-approved products across automotive, data center, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Freecor: Product range for engines and New Energy Vehicles (EV) coolants
• ZITREC EC
• Zitrec
• Freezium
• Havoline
• ECO coolants
• Arteco ACT
• Arteco X

Products and services

• FREECOR Engine and Electric Vehicle Coolants Freecor is Arteco's core brand of coolants for internal combustion engines, hybrid electric vehicles, battery electric vehicles, and fuel cell electric vehicles, covering passenger cars, heavy-duty trucks, off-road, stationary, and natural gas engine applications using OAT and its variants.
• ZITREC EC Data Centre Liquid Coolants ZITREC EC is Arteco's direct-to-chip liquid coolant brand for data centres and electronic applications, available in PG25, EG, and water-based formulations using patented OAT technology to support rack densities of 20-50 kW per rack or more.
• Zitrec TF Industrial Heat Transfer Fluids Zitrec TF is Arteco's heat transfer fluid brand for industrial applications including gas liquefaction, ground freezing, heat pump systems, hot water heating, ice rinks, indirect cooling, leak detection, reaction heating and cooling, solar heating, and wind turbines.
• ECO Coolants (Freecor ECO, Freecor EV ECO, ZITREC EC ECO, Zitrec TF ECO) ECO coolants incorporate base fluids derived from bio-based or recycled raw materials allocated through an ISCC PLUS certified mass balance approach, delivering a significantly reduced Product Carbon Footprint while maintaining the same quality and performance as standard coolants.
• HAVOLINE Coolants Havoline is Arteco's coolant brand including Havoline XLC and Havoline XLI products, MEG-based and water-based OAT coolants for automotive, heavy-duty, marine, off-road, stationary, and flushing fluid applications.
• FREEZIUM Secondary Coolant Freezium is Arteco's secondary coolant for indirect cooling systems and heat pumps, based on a potassium formate (HCOOK) solution.

Quantifiable outcome

• ZITREC EC direct-to-chip cooling supports rack densities of 20-50 kW per rack or more, enabling higher computing density compared to air cooling.
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Open Compute Project (OCP)coreTechnology or Integration · 1 April 2026Arteco joined the Open Compute Project (OCP) as a Community Member in April 2026, contributing to the development of specifications around PG25 technology and water-based cooling innovations. ZITREC EC 20 is listed on the OCP Marketplace, confirming alignment with current data centre cooling standards.
• Arom-dekor Kemi (Vilokan Group)coreStrategic or Co-development PartnerArteco collaborates with Arom-dekor Kemi, part of the Vilokan Group, to recycle used de-icing fluids into base fluids for coolant production using recycled monopropylene glycol (MPG). This partnership provides a more sustainable alternative to virgin MPG, reducing environmental impact, confirmed by comparative LCA studies, and encourages others in the industry to embrace sustainable practices. The partnership serves automotive, industrial, and electronics markets.
• BOSAQcoreStrategic or Co-development PartnerArteco partnered with BOSAQ at its Schoten production facility in Belgium to implement more sustainable water management practices. BOSAQ's custom-designed Q-Drop unit uses advanced technologies (ultrafiltration and reverse osmosis) to purify local surface water into demineralized water for coolant production, reducing the plant's tap water consumption by at least 25,000 m³ annually.
• WOTR (Watershed Organisation Trust)minorStrategic or Co-development PartnerArteco has partnered with WOTR on a water resource development and management initiative in the Sangamner block of the Ahmednagar District in India. The project has provided communities with access to tap water, improved agricultural and drinking water for 37 families, introduced new crops (beans, onions, chickpeas), and seen 32 farmers adopt drip irrigation systems.
• VOKA (Flemish Employers' Organisation)minorStrategic or Co-development PartnerArteco is actively engaged in the VOKA Charter for Sustainable Entrepreneurship (VCDO), a Belgian initiative advancing sustainability by aligning with the 17 UN Sustainable Development Goals (SDGs). Arteco has been VOKA certified for 8 consecutive years.

Scale indicators6 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• BASF: BASF is the global leader in automotive engine coolants through its Glysantin brand, directly competing with Arteco's Freecor range across ICE and EV applications. Both serve OEM first-fill approvals and aftermarket distribution via major oil companies with comparable specifications.
• Old World Industries: Old World Industries manufactures PEAK and Blue Mountain antifreeze/coolants for the North American automotive aftermarket, competing head-to-head with Arteco's Havoline and Freecor products through similar wholesale and retail channels.
• Recochem: Recochem is a Canadian-based specialty fluids manufacturer producing automotive coolants, heat transfer fluids, and industrial fluids under private-label and brand programs. Directly comparable to Arteco in product portfolio, customer base (OEMs and aftermarket), and specialty chemical manufacturing model.
• CCI Manufacturing: CCI Manufacturing produces industrial heat transfer fluids, glycol-based coolants, and de-icing fluids for industrial and automotive customers. Directly competes with Arteco's Zitrec TF industrial product line and Freecor automotive coolants in North American markets.
• KOST USA: KOST USA manufactures automotive and heavy-duty antifreeze/coolants, HDDEG, and heat transfer fluids, with comparable OEM approvals and aftermarket distribution to Arteco's portfolio. Closely comparable mid-sized specialty fluids competitor.

Broad incumbents

• Shell: Shell is a global lubricants and fluids major with the Havoline coolant brand (note: Arteco also produces Havoline XLC/XLI under JV license). Shell competes broadly across automotive and industrial fluids with far greater scale and global distribution than Arteco.
• Castrol (BP): Castrol, part of BP, offers a full portfolio of automotive and industrial coolants and heat transfer fluids as part of its broader lubricants franchise. Competes with Arteco in OEM and aftermarket channels with substantially larger scale.
• ExxonMobil: ExxonMobil produces automotive coolants and industrial heat transfer fluids as part of its integrated petrochemicals and lubricants portfolio. Operates globally with extensive R&D and OEM relationships overlapping Arteco's customer base.

Emerging players

• Clariant: Clariant is a specialty chemicals company with a heat transfer fluids portfolio (Antifrogen) for industrial, solar, and HVAC applications. Comparable in industrial heat transfer fluid focus and technology differentiation, though smaller automotive coolant exposure than Arteco.
• Engineered Fluids: Engineered Fluids is a US-based manufacturer of dielectric heat transfer and immersion cooling fluids for data centers, electronics, and EV applications. Directly comparable to Arteco's ZITREC EC data center direct-to-chip coolant line and FREECOR EV low-conductivity battery cooling products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/arteco-nv

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Arteco NV