Coolbrook, a Helsinki-based industrial technology company focused on decarbonising heavy industry, has received €2.5 million in research and development funding from Business Finland as part of the FutSteel project, which sits within SSAB’s Sustainable World through Steels ecosystem.
The grant covers half of Coolbrook’s €5 million project scope in FutSteel and will support development of its RotoDynamic Heater technology for steel production applications. The work will focus on blast furnace processes, electrified reheating, hot-stove air pre-heating, hybrid-heating concepts, decarbonised direct reduced iron production, and hydrogen-based steelmaking.
According to the company, the funding will also go toward advanced process modelling, equipment, and intellectual property related activities as it works to adapt high-temperature electrification technology for one of heavy industry’s most emissions-intensive sectors.
The award highlights continued public backing in Finland for industrial decarbonisation technologies, particularly those aimed at cutting fossil fuel use in steel manufacturing.
The grant covers half of Coolbrook’s €5 million project scope in FutSteel and will support development of its RotoDynamic Heater technology for steel production applications. The work will focus on blast furnace processes, electrified reheating, hot-stove air pre-heating, hybrid-heating concepts, decarbonised direct reduced iron production, and hydrogen-based steelmaking.
According to the company, the funding will also go toward advanced process modelling, equipment, and intellectual property related activities as it works to adapt high-temperature electrification technology for one of heavy industry’s most emissions-intensive sectors.
The award highlights continued public backing in Finland for industrial decarbonisation technologies, particularly those aimed at cutting fossil fuel use in steel manufacturing.