{"id":27415,"date":"2026-06-29T13:00:00","date_gmt":"2026-06-29T11:00:00","guid":{"rendered":"http:\/\/stocks-future.com\/?guid=98e5a588b6a300e4629cb45b63186a69"},"modified":"2026-06-29T13:00:00","modified_gmt":"2026-06-29T11:00:00","slug":"coolbrook-secures-business-finland-funding-to-accelerate-electrification-for-the-global-steel-industry","status":"publish","type":"post","link":"https:\/\/stocks-future.com\/?p=27415","title":{"rendered":"Coolbrook Secures Business Finland Funding to Accelerate Electrification for the Global Steel Industry"},"content":{"rendered":"

HELSINKI--(BUSINESS WIRE)--Coolbrook<\/a>, a transformational technology company dedicated to decarbonising heavy industry and industrial processes, has been awarded research and development funding by Business Finland<\/a> to accelerate the decarbonisation of steel production. The grant supports Coolbrook\u2019s participation in the FutSteel project, a core component of the Sustainable World through Steels ecosystem led by SSAB<\/a>. Within the broader FutSteel project, Coolbrook\u2019s project scope amounts to \u20ac5 million, of which \u20ac2.5 million is covered by grant funding awarded to Coolbrook.<\/p><\/a><\/a>

\nThe funding will enable Coolbrook to further accelerate and develop its next-generation RotoDynamic Heater\u2122 (RDH\u2122) technology, specifically tailored for high-temperature steel industry applications. The project focuses on integrating RDH\u2122 technology into critical stages of the steel production chain, including blast furnace processes, electrified reheating, hot-stove air pre-heating, hybrid-heating concepts, decarbonised Direct Reduced Iron (DRI) production, and hydrogen-based steel production.<\/p>

\nFollowing the successful commercial-scale deployment of its RDH\u2122 technology in the cement industry with Ambuja Cement, part of the Adani Group, Coolbrook is now extending this proven engineering to address the hard-to-abate challenges of steel manufacturing. Traditional methods rely on burning fossil fuels to reach the extreme temperatures required for steelmaking, Coolbrook\u2019s RDH\u2122 uses renewable electricity to achieve temperatures up to 1700\u00b0C with zero operational CO2 emissions.<\/p>

\nJoonas Rauramo, CEO, Coolbrook, said: \"This funding from Business Finland is a significant endorsement of our RotoDynamic technology and its role in clean energy transition. Having already demonstrated the commercial viability of our electrification technology in the cement sector, we are now focused on delivering the same transformative impact for steel. Collaborating with SSAB and the wider FutSteel ecosystem allows us to fast-track the deployment of our technology in one of the world\u2019s most carbon intensive industries.\"<\/p>

\nJarmo Lilja, Process Development Manager, SSAB, said: \"We see great potential in Coolbrook\u2019s RotoDynamic Heater technology to support the electrification of high-temperature steelmaking processes. Advancing innovative solutions like RDH\u2122 is essential to accelerating the steel industry\u2019s transition toward lower-emission production, and our collaborations within the FutSteel ecosystem help bring promising technologies closer to industrial deployment.\"<\/p>

\nThis funding will enable advanced process modelling, equipment, and IPR activities to support the accelerated development of RDH\u2122 technology.<\/p>

\nThe initiative supports Business Finland\u2019s goal of strengthening Finland\u2019s industrial competitiveness by helping develop leading ecosystems for exporting green technologies.<\/p>

\nAbout Coolbrook:<\/b> Hailed as the key technology for industrial decarbonisation globally, Coolbrook is a transformational technology and engineering company on a mission to decarbonise major industrial sectors like petrochemicals and chemicals, iron and steel, and cement. Coolbrook\u2019s revolutionary rotating technology combines space science, turbomachinery and chemical engineering to replace the burning of fossil fuels across all major industrial sectors. The technology has two main applications: RotoDynamic Reactor\u2122 (RDR\u2122) to reach 100% CO2 free olefin production, and RotoDynamic Heater\u2122 (RDH\u2122) to provide carbon-free process heating to iron and steel, cement and chemicals production. Once implemented at scale, the RotoDynamic Technology has the potential to reach temperatures of 1700\u00b0C and cut 2.4 billion tonnes (30%) of annual CO2 emissions in heavy industry.<\/p>

\nFor more information, please visit www.coolbrook.com<\/a><\/p> Contacts<\/b>

\nKirsty Langan\ncoolbrook@teamgingermay.com<\/a><\/p>","protected":false},"excerpt":{"rendered":"

HELSINKI–(BUSINESS WIRE)–Coolbrook, a transformational technology company dedicated to decarbonising heavy industry and industrial processes, has been awarded research and development funding by Business Finland to accelerate the decarbonisation of s…<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-27415","post","type-post","status-publish","format-standard","hentry","category-infos-businesswire"],"_links":{"self":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27415"}],"version-history":[{"count":1,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27415\/revisions"}],"predecessor-version":[{"id":27416,"href":"https:\/\/stocks-future.com\/index.php?rest_route=\/wp\/v2\/posts\/27415\/revisions\/27416"}],"wp:attachment":[{"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stocks-future.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}