Kanthal and Rath announce strategic partnership to expand sustainable industrial heating technology offerings
Kanthal and Rath, both global leaders in their respective field – Kanthal in industrial electric heating technology, and Rath in high temperature refractory products – today announced a strategic partnership to expand their combined offering in industrial heating technology. Through close collaboration, their offerings will enable industries, such as steel and petrochemical, to make the green shift.
The partnership brings together the complementary strengths of both companies, creating the broadest range of sustainable industrial heating solutions on the market. Kanthal’s expertise in heating elements and systems combined with Rath's premium insulation and refractory products will provide customers with a unique combined offering for their industrial heating needs.
"We are thrilled to partner with Rath to further expand our offerings in industrial heating technology enabling societies and industries to make the green shift. In this era of electrification, this partnership will provide our customers with a broader range of innovative solutions that will enable them to optimize their operations and achieve their sustainability goals," said Robert Stål, President of Kanthal. "Together, we can leverage our collective expertise to deliver greater value to our customers and help them thrive in a rapidly evolving market."
"For quite some time, we have been focusing on sustainability in all our activities – be it when it comes to developing energy-saving refractory products or, more specifically, refractory materials that can be used to line electrically heated furnaces. With the latter, we will – together with our strategic partner Kanthal – enable customers’ shift towards fossil-fuel free production", said Andreas Pfneiszl, CFO/CSO of Rath.
Through closer collaboration in developing new technologies and solutions, the partnership will leverage both companies' existing and future co-developed offerings to enable the technology shift that industries such as steel and petrochemical are facing. The companies' joint go-to-market model will offer their customers a comprehensive portfolio of products and services, providing greater value and convenience to their clients.