Non-Executive Director

Cooling EquipmentPeroCycle
Written By Bhumit Masrani

Overview

Company: PeroCycle
Location: Remote / UK-based
Commitment: ~1 day/month (including board meetings)
Compensation: Equity + Future Remuneration (Subject to Funding)

  • PeroCycle is a decarbonisation technology company, developing a novel thermochemical process to convert carbon dioxide (CO₂) into carbon monoxide (CO), enabling circular carbon use in blast-furnace steelmaking. By replacing fossil-fuels with recycled CO from captured emissions, we aim to help decarbonise blast furnace operations without requiring existing infrastructure to be replaced and without relying on the availability of low-cost green hydrogen.

    The venture originated from the University of Birmingham and is supported by Anglo American and Cambridge Future Tech.

  • We are seeking a Non-Executive Director with significant experience in the steel industry, ideally with a background that combines operational insight and financial leadership. You will play a key governance and advisory role, supporting strategic decisions and ensuring that the venture remains aligned with the technical, commercial, and capital demands of its target industry.

    • Strategic Input: Advise on market entry, deployment strategy, and commercial partnerships with steelmakers and adjacent players.

    • Industry Insight: Bring first-hand knowledge of steel sector dynamics, procurement cycles, and decarbonisation priorities.

    • Financial Oversight: Support financial planning, unit economics, and investor discussions with industry-specific insight.

    • Governance: Contribute to effective board governance, ensuring sound decision-making and appropriate risk management.

    • Commercial Engagement: Assist the founding team in building relationships with strategic industrial partners and customers.

    • Steel Industry Expertise: Senior leadership or operational experience within the steel or metals industry (e.g. production, strategy, supply chain, or decarbonisation).

    • Financial Acumen: Understanding of project economics, capital investment decision-making, or business case evaluation in an industrial setting.

    • Network Access: Well-connected within the steel or heavy industrial ecosystem, with the ability to open doors to potential partners or customers.

    • Strategic thinker with strong commercial awareness

    • Passionate about decarbonisation and climate innovation in the steel industry

    • Comfortable operating in an early stage, evolving environment

Bhumit Masrani
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Chief Executive Officer