Deals2 Oct 2025, 02:45 pm
PTC Industries' Subsidiary Secures Multi-Million-Pound Project with Clean Tech Innovator Coolbrook
AI Summary
PTC Industries' UK-based subsidiary, Trac Precision Solutions, has secured a partnership with Coolbrook, a transformational technology and engineering company. Trac will supply critical machined and cast components for Coolbrook's RotoDynamic Heater (RDH), a breakthrough technology designed to electrify high-temperature industrial heating processes, significantly reducing global CO2 emissions. This partnership marks a strategic diversification for Trac, positioning the company at the cutting edge of the clean energy transition, while unlocking significant long-term growth opportunities.
Key Highlights
- Trac Precision Solutions, a subsidiary of PTC Industries, has secured a partnership with Coolbrook to supply components for its RotoDynamic Heater (RDH).
- The RDH technology is capable of reaching temperatures up to 1700°C, making it uniquely suited to decarbonise traditionally hard-to-abate sectors such as steel, cement, petrochemicals, and chemicals.
- This partnership is a strategic diversification for Trac, positioning the company at the cutting edge of the clean energy transition.
- Revenues from this partnership are expected to grow in line with Coolbrook’s customer sales and are anticipated to reach in excess of ten million pounds annually.
- The partnership directly supports global efforts to combat climate change, boosting Trac’s ESG credentials and positioning it as a preferred supplier for environmentally conscious customers.