Trac Precision Solutions Secures Multi-Million-Pound Project with Coolbrook to Drive Clean Tech Innovation

Trac Precision Solutions (Trac), part of the PTC Industries Group, has today announced its partnership with Coolbrook, a transformational technology and engineering company, to supply critical machined and cast components for its RotoDynamic Heater (RDH) - a breakthrough technology designed to electrify high-temperature industrial heating processes, significantly reducing global CO₂ emissions.

Coolbrook's 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 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. At full production, the initial award covers two milled blades and four cast vanes/blades - totalling 27,000 parts annually across 100 engine sets. 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. A second phase, covering three additional milled components, will be awarded in the near future, further strengthening the collaboration.

Liam Bevington, Managing Director of Trac Precision Solutions, said, "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. As Coolbrook scales globally, this programme has the potential to become one of Trac's most significant long-term production lines, delivering steady growth while showcasing our expertise in precision engineering for transformative technologies."

Joonas Rauramo, CEO of Coolbrook, commented, "This partnership with Trac Precision Solutions is an important milestone in Coolbrook's journey to scale our RotoDynamic Heater technology globally."

"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. Trac's deep expertise in precision engineering, combined with their commitment to quality and innovation, gives us the confidence that we can deliver at the scale and reliability our customers demand.", added Rauramo.

Strategic Impact and Growth Potential

This collaboration highlights several key opportunities for Trac and the broader PTC Group:

- Diversification into Clean Tech: Moving beyond aerospace and power generation, Trac enters the rapidly growing industrial decarbonisation sector.

- Long-Term Global Growth: As RDH deployment accelerates, Trac will benefit from a multi-year, highvolume production program with significant expansion potential.

- Sustainability Alignment: 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.

Sachin Agarwal, Chairman & Managing Director of PTC Industries, commented, "Trac's selection by Coolbrook as their key manufacturing partner is a testament to the trust placed in our group's capabilities. 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. It represents a new chapter of growth for Trac and a significant milestone for the PTC Group as we continue to deliver cutting-edge solutions to the world."

Shares of PTC Industries Ltd was last trading in BSE at Rs. 15695.80 as compared to the previous close of Rs. 15511.65. The total number of shares traded during the day was 511 in over 255 trades.

The stock hit an intraday high of Rs. 15728.00 and intraday low of 15296.70. The net turnover during the day was Rs. 7904061.00.

Source : Equity Bulls

Keywords

PTCIndustries INE596F01018 TracPrecisionSolutions Partnership Coolbrook