NyCast and Kanthal enter an exclusive licensing agreement

From left to right: Thomas Olsson, Nycast AB, Ralph Nyström, Nycast AB, Anders Björklund, Kanthal and Johanna Kreft, Sandvik Materials Technology.

Nycast has signed an exclusive licensing agreement with Kanthal. Under the agreement, Kanthal has the exclusive right to use Nycast’s technology for heating large amounts of process gas. 

“We are delighted to have formed this licensing agreement which represents significant business opportunities for Kanthal. Fossil-free heating of process gas at high temperatures will be crucial for many industries to minimize their carbon footprint and this addition to our product portfolio will allow us to deliver a solution for them.”

- Anders Björklund, President at Kanthal

Read more about the agreement here.

Winner of Kanthal® Award 2019

Nycast AB wins the Kanthal ® Award for our heating innovation that has the potential to contribute to an industrial future without greenhouse gas emissions. The Kanthal® Award aims to recognize innovation related to new solutions in sustainability, quality of life and energy efficiency; with the purpose to make a sustainable field for coming generations.

Motivation 

“Gas heating is an enabling technique for many new technologies including those related to reduction of CO2 emissions in the steel and cement industries. NyCast is nominated for its innovative and efficient high temperature gas flow heater with a potential to contribute to an industrial future without greenhouse gas emissions.”

NyCast has chosen to donate the prize money to the Swedish Childhood Cancer Fund.

Read more here

Reduction of iron ore

NyCast AB has a proven technology which can heat gas to a high temperature also in high pressure application.

The high efficiency close to 100 % of the gas heater is important for the economy and the CO2 emission is close to zero If renewable electric energy is used

NyCast Energy Recovery TM

This unit separate hydrogen and water by cooling the top gas down to 3-7 degrees Celcius by a heat exchanger and a compressor cooler, after cooling and addition of gas from the gasholder hydrogen is preheated with the energy from the heat exchanger and compressor unit.

The preheated gas is then fed in to the © NyCast Gasheater and heated up to final temperature.

NyCast Hydrogen Reduction gas storage TM

By producing and storing hydrogen when national electricity production is higher then the consumption a great advantages is created in the national electrical system.

NyCast Clean Tech Iron Ore Reduction TM together with wind power and solar power can have a great importance for the reduction of CO2