ABB and Coolbrook develop partnership
with investors in heavy industry

ABB and transformational technology and engineering company Coolbrook have
signed an agreement to accelerate the development, industrialization and
adoption of RotoDynamic technology to decarbonize hard-to-abate sectors
(petrochemicals and chemicals, cement and steel). RotoDynamic technology
replaces the burning of fossil fuel with renewable electricity as the energy source.

 
It is widely recognized that the decarbonization of heavy industries is essential to
achieving net-zero emissions by 2050. According to the International Energy
Agency (IEA), chemicals, cement and steel production collectively account for 70
percent of industrial CO2 emissions, equal to approximately six billion tons
annually.

 
ABB and Coolbrook will leverage their respective capabilities and resources to
rapidly commercialize Coolbrook’s patented RotoDynamic technology, which can
electrify hard-to-abate industrial sectors. ABB will provide their automation,
electrification and digitalization expertise, as well as integrate their electric
motors and variable speed drives, to further enhance Coolbrook’s technology by
optimizing energy efficiency and operational processes. ABB’s investment will also
enable quicker technology readiness and increase corporate capacity to achieve
the joint goal of industrial scale up.