PTC Industries Arm Trac Precision Signs 5-Year Collaboration With Coolbrook For Clean Tech Manufacturing

Trac Precision Solutions, a subsidiary of PTC Industries, has signed a multi-year Memorandum of Understanding (MoU) with Finland-based technology company Coolbrook.

The agreement aims to collaborate on the machining and manufacturing of components used in Coolbrook’s RotoDynamic Heater (RDH) technology.

Focus On Manufacturing RDH Technology Components

Under the agreement, Coolbrook intends to appoint Trac as its preferred machining partner for aerofoil components used in the first generation of RDH units.

The partnership will also include design support, manufacturing preparation, and future design improvements as the technology moves toward large-scale industrial production.

Technology Aimed At Industrial Decarbonisation

Coolbrook’s RotoDynamic Heater technology can generate temperatures of up to 1700°C and is designed to electrify high-temperature industrial processes.

This technology could help industries such as steel, cement, petrochemicals, and chemicals replace fossil fuel-based heating systems, which may significantly reduce carbon dioxide emissions.

Scope Of The 5-Year Partnership

The collaboration will cover several key areas, including:

• Manufacturing of selected RDH components
• Design for Manufacture (DfM) collaboration to improve scalability
• Alignment with Coolbrook’s technology deployment plans
• Long-term production cooperation over a five-year period

By working together at the design stage, Trac will help improve production efficiency and manufacturability for large-scale industrial deployment.

Leadership Comments On The Partnership

According to Liam Bevington, the partnership highlights confidence in the company’s precision engineering and manufacturing capabilities.

Joonas Rauramo said the collaboration will help strengthen the manufacturing ecosystem needed to scale the technology globally.

Meanwhile, Sachin Agarwal stated that the agreement supports the group’s strategy of building partnerships around advanced technologies and contributing to industrial decarbonisation.

Strategic Importance For PTC Group

The partnership is expected to help the PTC Group:

• Enter the industrial electrification and decarbonisation manufacturing segment
• Strengthen engineering collaboration through design-focused manufacturing
• Build long-term opportunities in the global clean technology supply chain

Although the MoU is non-binding in nature, it sets a structured framework for a five-year manufacturing collaboration.

Read More: Tata Power Share Price in Focus; Collaborates with Salesforce to Accelerate India’s Clean Energy Transition!

PTC Industries Share Price Movement

PTC Industries share price (NSE: PTCIL) was trading at ₹17,465, up ₹201 or 1.16%, on March 10 at 2:04 PM (IST). The stock opened at ₹17,500 and touched an intraday high of ₹17,631 and a low of ₹17,390 during the session. The company has a market capitalisation of around ₹26,140 crore and trades at a price-to-earnings (P/E) ratio of 395.45. 

Conclusion

The partnership between Trac Precision Solutions and Coolbrook marks an important step toward supporting clean industrial technologies. By contributing precision manufacturing expertise, PTC Industries is positioning itself within the growing global market for decarbonisation and advanced industrial solutions.

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