Coolbrook Announces Successful Naphtha Cracking in Milestone Pilot Plant Initiative

Coolbrook has achieved a groundbreaking milestone through the successful demonstration of electric steam cracking of naphtha, showcasing the tremendous potential of its cutting-edge RotoDynamic Reactor™ (RDR) Technology. This achievement not only validates the feasibility of decarbonization but also signifies a notable enhancement in process efficiency. The implications are particularly significant as they point toward a potential paradigm shift in the petrochemical industry, where traditional fossil fuel-based cracker furnaces could be replaced by Coolbrook's innovative technology.

Looking ahead to the year 2024, Coolbrook is poised to continue its trajectory of innovation by further refining and optimizing the RDR Technology. The strategic agenda includes rigorous testing of various feedstocks, aiming to explore the possibilities for circular and bio-based materials manufacturing. As part of its forward-looking initiatives, the company has set an ambitious target to deploy the RDR at an industrial scale within the same timeframe. This commitment underscores Coolbrook's dedication to advancing sustainable technologies and actively contributing to the evolution of environmentally conscious industrial practices.

The successful cracking of naphtha is emblematic of Coolbrook's leadership in the realm of electric steam cracking. Joonas Rauramo, the CEO of Coolbrook, emphasizes that this accomplishment serves as a powerful reinforcement of the company's commitment to transitioning toward a net-zero future. Importantly, Rauramo highlights the dual advantages of this transition: achieving environmental sustainability in a cost-effective and energy-efficient manner. The process of electrifying steam cracking inherently eliminates the need for burning fossil fuels, resulting in a noteworthy reduction of CO2 emissions to zero. In addition to this, Coolbrook's RotoDynamic Heater, a pivotal component of the technology, holds the promise of significantly reducing CO2 emissions in sectors that have traditionally proven challenging to decarbonize.

The potential impact of Coolbrook's RotoDynamic Technology on global carbon emissions is substantial. The technology, once deployed at scale, has the capacity to annually reduce over 2.4 billion tons of CO2. This represents a significant contribution, accounting for approximately 30% of global industrial emissions and contributing to a 7% reduction in overall global CO2 emissions. These figures underscore the transformative potential of Coolbrook's technology on a global scale, positioning it as a key player in the quest for sustainable industrial practices.

In conclusion, Joonas Rauramo emphasizes the far-reaching implications of Coolbrook's RotoDynamic Technology in leading heavy industries toward a net-zero future. The vision extends beyond mere technological advancement; it aspires to herald a clean and sustainable new industrial era. Rauramo underscores the critical importance of collaboration with a committed ecosystem comprising forward-looking producers and technology partners. This collaborative effort signifies a collective commitment to driving positive change, paving the way for a greener industrial landscape.

Coolbrook's success in achieving electric steam cracking of naphtha represents a pivotal moment in the journey toward a more sustainable and environmentally conscious petrochemical industry. The company's advancements not only showcase the technological prowess of its RDR Technology but also highlight its commitment to fostering a greener future and influencing global industrial practices positively.