Newtesol
Newtesol is a Spanish welding engineering and fabrication firm specializing in proprietary automated weld overlay technology for corrosion- and wear-resistant tubular components, fittings, flanges, and valves, serving Oil & Gas, petrochemical, and civil nuclear industries through certified project-based contracts in Europe, the Middle East, and globally.
- Company typePrivate
- Founded2004
- HeadquartersGajano, Spain
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Newtesol does
Newtesol (legal name Nuevas Tecnologías de Soldadura S.L.) is a privately-held Spanish welding engineering and fabrication company founded in 2004 and headquartered in Gajano, Cantabria, Spain. The company specializes in weld overlay (cladding) technology for corrosion- and wear-resistant internal surfaces of tubular products, fittings, flanges, valves, and pressure equipment, serving primarily the Oil & Gas, petrochemical, and civil nuclear industries. Its core technological differentiator is a proprietary automated welding system for internal surface coating of small-diameter tubes up to 10 meters in length in difficult configurations such as elbows, tees, and reducers, using low-dilution welding processes. The firm holds more than 200 approved welding procedures, operates a 2,500 m2 workshop with 500 m2 dedicated to overlay operations, and possesses a 54-tonne positioner for heavy nuclear components. Certifications include ISO 9001, ISO 14001, ISO 3834-2, ASME U and U2 pressure-equipment stamps, the ASME NPT nuclear stamp (reported by the company as the first-ever granted worldwide for weld overlay work), and ISO 19443 European nuclear quality certification.
The business model is project-based contract manufacturing for enterprise industrial clients, with pricing determined per project via specification, materials, complexity, and certification requirements. Newtesol generates revenue through one-off custom fabrication and weld overlay services rather than recurring licenses or subscriptions. Its go-to-market is direct enterprise field sales supported by sustained participation in major industry trade shows (ADIPEC, ACHEMA, WNE, Fabtech, ESOPE) and membership in FLUIDEX. The company operates a wholly-owned Saudi Arabian subsidiary, Newtesol Industrial Company in Dammam, to serve Saudi Aramco and Middle Eastern clients, and has delivered projects for Exxon, Halliburton, Cameron, Fluor, Dow, EDF (Flamanville Nuclear Power Plant), Transnuclear, Holtec, Ciemat, Foster Wheeler Ibérica, and Qatar Shell (Pearl GTL). Customer segments are weighted toward Oil & Gas and civil nuclear as primary verticals, with petrochemical as a secondary vertical. The firm is founder/management-controlled through a sole-administrator structure with no disclosed external private equity, venture capital, or parent ownership.
Newtesol firmographics
Firmographics- Name
- Newtesol
- Legal name
- Nuevas Tecnologías de Soldadura S.L.
- Website
- https://newtesol.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Newtesol is a Spanish welding engineering and fabrication firm specializing in proprietary automated weld overlay technology for corrosion- and wear-resistant tubular components, fittings, flanges, and valves, serving Oil & Gas, petrochemical, and civil nuclear industries through certified project-based contracts in Europe, the Middle East, and globally.
- Ownership category
- akta.pro rank
Newtesol industry classification
Industry- Product category
- Industrial Welding & Fabrication Services
- NAICS
- Fabricated Pipe and Pipe Fitting Manufacturing (332996), Other Metal Valve and Pipe Fitting Manufacturing (332919)
- SIC
- Fabricated Plate Work (Boiler Shops) (3443)
- akta.pro primary industry
- Welding, Fabrication & Field Machining Services (On-site) (IMAIACAD)
- akta.pro secondary industries
- Pressure Vessels, Columns & Storage Tanks (ASME/Process Vessels) (IMAHAEAF), Welding, Joining & Soldering Equipment (Arc, Resistance, Friction, Brazing) (IMAHADAH)
Keywords
Where Newtesol is headquartered
LocationHeadquarters
- HQ city
- Gajano
- HQ country
- Spain
- HQ region
- Europe
Offices2 records
Markets served
Newtesol business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- Custom Fabrication and Weld Overlay Services: Project-based custom fabrication and weld overlay services for industrial clients. Revenue generated through contracts for specific components, parts, and overlay services for Oil & Gas, petrochemical, and nuclear industry applications. Services include manufacturing, weld overlay, and quality certification.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Newtesol product offering
Product offeringCore offering
Newtesol is an industrial welding and fabrication services company specializing in weld overlay (recargue) technology for corrosion and wear protection of tubular products, fittings, flanges, valves, pipes, spools, and pressure vessels. The company operates a proprietary automated welding system for internal surface coating of small-diameter tubes up to 10 meters in length, including complex configurations such as elbows, tees, and reducers, using low dilution welding processes. Services are delivered to the Oil & Gas, petrochemical, and civil nuclear industries under ASME nuclear, ISO quality, and pressure-equipment certifications.
Product overview
Newtesol is a welding engineering and fabrication company offering a portfolio of specialized services centered on weld overlay technology for corrosion and wear protection. The core offering consists of stainless steel weld overlay and nickel-based weld overlay services, supplemented by valve hardfacing and special welding capabilities. Beyond cladding services, the company manufactures nuclear components and conventional pressure equipment. The proprietary automated weld overlay system for internal tube surfaces (up to 10 meters) in difficult configurations represents their key technological differentiator. All services are supported by extensive welding procedure qualifications (200+ approved processes) and quality certifications including ASME nuclear stamps.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- First private Spanish company and first worldwide to achieve ASME NPT nuclear certification for weld overlay work
- +2 more outcomes
Companies that use Newtesol
Customer profileNamed customers12 records
Segments3 records
Ideal customer profiles3 records
Newtesol technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Newtesol partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered support, core and project-based.
- ICEX Spain Export and InvestmentssupportICEX provides support for international trade activities through FLUIDEX association membership. Co-financing from European FEDER funds for participation in international trade shows like ACHEMA.
- METCOEX GroupcoreNewtesol is part of METCOEX Group, participating in trade shows as co-exhibitor. METCOEX is an association of companies in the fluid equipment and welding sector, providing joint market presence and international trade show participation.
- Saudi AramcocoreQualified supplier to Saudi Aramco for fittings, flanges, and spool pipe with corrosion resistant weld overlay finish. Vendor ID 10000542 and Plant ID 30006287. Supplier for Jubail Export Refinery Project based on Chiyoda and Samsung engineering.
- FLUIDEXcoreActive member of FLUIDEX (Spanish Fluid Equipment Association). Participates in international trade missions and industry events (ACHEMA) with ICEX support and European FEDER co-financing for international promotion.
- Chiyodaproject-basedEngineering firm for Saudi Aramco Jubail Export Refinery Project. Newtesol supplied weld overlaid components based on Chiyoda's engineering specifications.
- Samsungproject-basedEngineering firm for Saudi Aramco Jubail Export Refinery Project. Newtesol supplied weld overlaid components based on Samsung's engineering specifications.
Scale indicators5 records
Recent moves7 records
Expansion highlights5 records
Newtesol competitors and assessment
Company assessmentBroad incumbents
- Bodycote: Global leader in thermal processing and surface treatments including weld overlay, cladding and hardfacing for Oil & Gas, aerospace and nuclear components. Directly comparable to Newtesol's weld overlay and hardfacing services but operates at much greater scale and breadth across geographies.
- Lincoln Electric: World's largest arc welding products manufacturer with extensive welding procedure library and automation solutions. Newtesol's General Manager has visited Lincoln Electric's Cleveland facility, indicating a supplier-adjacent relationship; comparable through shared expertise in advanced welding processes and overlay/cladding consumables.
- Flowserve Corporation: Major manufacturer of industrial pumps, valves and seals for Oil & Gas, power and nuclear markets with significant weld-overlay and cladding operations on valve and pressure-retaining components. Comparable customer overlap with Aramco, Exxon, Shell and nuclear utilities; Newtesol supplies valve overlay to similar end customers.
- ESAB Corporation: Global welding and cutting products manufacturer offering welding equipment, consumables and automated overlay solutions to industrial fabricators. Comparable through shared focus on weld-overlay technology and industrial welding procedure qualifications, though ESAB primarily supplies equipment and consumables rather than acting as a fabricator.
- Voestalpine AG: Austrian steel and technology group with significant welding and weld-overlay capabilities serving Oil & Gas, nuclear and petrochemical industries. Comparable in offering high-spec welded components for energy infrastructure but at substantially larger scale and with in-house steelmaking.
Others
- Holtec International: Customer of Newtesol (Hi-Storm 100Z container program) and a major supplier of spent nuclear fuel storage systems and nuclear-grade fabrication services. Comparable as a peer-adjacent nuclear fabricator and via direct commercial relationship on ASME III nuclear work.
Direct peers
- IMI Critical Engineering: Division of IMI plc specializing in severe-service valves and actuators with extensive weld-overlay and material-engineering capabilities for power, Oil & Gas and nuclear customers. Comparable to Newtesol through overlap in nuclear-grade valve and component fabrication, weld-overlay technology, and similar end-customer mix.
- Crumpton Welding & Metal Works: US-based specialized welding and weld-overlay fabrication shop serving Oil & Gas and power industries with corrosion-resistant overlay services. Comparable niche independent fabricator positioning, though smaller scale and without the nuclear certification breadth Newtesol has achieved.
- Velan Inc. Manufacturer of industrial valves with substantial in-house weld overlay (Stellite and nickel-based alloys) capabilities for severe-service Oil & Gas, petrochemical and nuclear applications. Closely comparable to Newtesol's valve weld-overlay product line serving similar end customers in demanding service environments.
Regional players
- Equipos Nucleares S.A. (ENSA): Spanish nuclear equipment manufacturer (Ensa/Enwesa) supplying nuclear steam supply system components and spent fuel casks to European and Latin American utilities. Comparable as a regional (Iberian) nuclear fabricator with overlapping civil nuclear customer base and ASME/Nuclear stamp credentials.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Newtesol social profiles
Digital presenceNewtesol compliance and trust
Trust signalCompliance7 records
Newtesol financial estimates
Financial estimateRevenue estimate
Valuation estimate
Newtesol leadership team
Management profileNumber of profiles
Profiles1 record
Newtesol subsidiaries and ownership
Company hierarchySubsidiaries1 record
Newtesol funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Newtesol M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Newtesol
What does Newtesol do?
Newtesol is an industrial welding and fabrication services company specializing in weld overlay (recargue) technology for corrosion and wear protection of tubular products, fittings, flanges, valves, pipes, spools, and pressure vessels. The company operates a proprietary automated welding system for internal surface coating of small-diameter tubes up to 10 meters in length, including complex configurations such as elbows, tees, and reducers, using low dilution welding processes. Services are delivered to the Oil & Gas, petrochemical, and civil nuclear industries under ASME nuclear, ISO quality, and pressure-equipment certifications.
Is Newtesol a public or private company?
Newtesol is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Newtesol founded?
Newtesol was founded in 2004. It employs 101 to 250 people.
Where is Newtesol based?
Newtesol is headquartered in Gajano, Spain, in the Europe region.
How does Newtesol make money?
One revenue line is on record: custom Fabrication and Weld Overlay Services.
Who are Newtesol's main competitors?
Broad incumbents on record are Bodycote, Lincoln Electric, Flowserve Corporation, ESAB Corporation and Voestalpine AG. Holtec International is listed as an others. Direct peers are IMI Critical Engineering, Crumpton Welding & Metal Works and Velan Inc.. Equipos Nucleares S.A. (ENSA) is listed as a regional player.
Does Newtesol have an API?
No public API is recorded for Newtesol.
What industry is Newtesol in?
Newtesol's product category is Industrial Welding & Fabrication Services. Its primary akta.pro industry code is IMAIACAD, Welding, Fabrication & Field Machining Services (On-site), with a secondary code of IMAHAEAF, Pressure Vessels, Columns & Storage Tanks (ASME/Process Vessels). Its NAICS code is 332996 and its SIC code is 3443.