PTC Industries' UK Arm Secures Multi-Million-Pound Clean Tech Partnership with Coolbrook
PTC Industries' UK subsidiary, Trac Precision Solutions, has partnered with Coolbrook to supply critical components for their RotoDynamic Heater (RDH) technology. The initial phase involves supplying machined and cast components, with potential annual revenue exceeding £10 million at full production. The RDH technology aims to electrify high-temperature industrial heating processes, potentially reducing global CO₂ emissions. This partnership marks a strategic diversification for Trac Precision Solutions, positioning it in the clean energy transition sector. The collaboration aligns with PTC Industries' vision of contributing to global decarbonization efforts while diversifying its portfolio.

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PTC Industries Limited , a leading Indian manufacturer of precision metal components, has announced a significant development for its UK subsidiary, Trac Precision Solutions. The company has secured a multi-million-pound partnership with Coolbrook, a transformational technology and engineering company, to supply critical components for Coolbrook's innovative RotoDynamic Heater (RDH) technology.
Partnership Details
Trac Precision Solutions will be supplying machined and cast components for Coolbrook's RDH, which is described as a breakthrough clean-tech solution. The RDH technology is designed to electrify high-temperature industrial heating processes, potentially reducing global CO₂ emissions significantly.
Scope of the Project
The initial phase of the partnership includes:
- Supply of two milled blades and four cast vanes/blades
- Annual production of 27,000 parts across 100 engine sets
- Potential revenue exceeding ten million pounds annually at full production
A second phase, covering three additional milled components, is expected to be awarded in the near future, further strengthening the collaboration.
Strategic Importance
This partnership marks a strategic diversification for Trac Precision Solutions, positioning the company at the forefront of the clean energy transition. It aligns with global efforts to combat climate change and opens up significant long-term growth opportunities for the PTC Group.
Liam Bevington, Managing Director of Trac Precision Solutions, stated, "This collaboration with Coolbrook is a landmark moment for Trac. It represents not just a diversification of our business, but a bold step into a sector that is central to the world's sustainability agenda."
Coolbrook's Technology
Coolbrook's RDH Technology is capable of reaching temperatures up to 1700°C, making it uniquely suited to decarbonize traditionally hard-to-abate sectors such as steel, cement, petrochemicals, and chemicals. The technology combines space science, turbomachinery, and chemical engineering to replace the burning of fossil fuels across major industrial sectors.
Joonas Rauramo, CEO of Coolbrook, commented on the partnership, saying, "As we move from technology development into high-volume industrial deployment, securing a world-class manufacturing partner for key components is an important enabler of our growth."
Impact on PTC Industries
Sachin Agarwal, Chairman & Managing Director of PTC Industries, emphasized the strategic significance of this partnership: "This partnership aligns perfectly with our strategic vision of building a diversified, future-ready business that contributes not only to aerospace and defence but also to the urgent global challenge of decarbonisation."
The collaboration is expected to:
- Diversify PTC's portfolio into the rapidly growing industrial decarbonization sector
- Provide long-term global growth opportunities
- Enhance the company's sustainability credentials
As industrial sectors worldwide seek to reduce their carbon footprint, this partnership positions PTC Industries and its subsidiary Trac Precision Solutions as key players in the clean technology supply chain, potentially opening doors to further opportunities in the green energy transition.
Historical Stock Returns for PTC Industries
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
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-0.05% | +1.72% | +18.09% | +20.24% | +18.36% | +420.10% |