Together with Kingspan Unidek, we’ve signed the first-ever commercial contract worldwide for the industrial use of Iron Fuel Technology. The agreement includes delivery of an Iron Fuel Boiler and a long-term fuel supply contract, positioning Kingspan Unidek as the first company to implement our low-carbon fuel at an industrial scale.
RIFT’s Iron Fuel Boiler will be installed at Kingspan Unidek’s facility in Gemert, the Netherlands. This milestone not only marks the commercial launch of RIFT’s technology but also supports Kingspan’s Planet Passionate sustainability goals by replacing fossil fuels with fully circular iron fuel.
This isn’t just a contract, it’s a statement. It shows that clean industrial heat using Iron Fuel isn’t a far-off vision. With Kingspan Unidek, we’re making it real today. They’re not just an early adopter; they are a partner that understands the urgency and the opportunity of decarbonizing heat. This collaboration proves what’s possible when ambition meets action.
Mark Verhagen
CEO , RIFT
The partnership is part of Kingspan’s broader Planet Passionate sustainability program, aimed at reducing carbon emissions throughout its operations. By adopting Iron Fuel Technology, Kingspan Unidek not only lowers its emissions footprint, but also validates a new pathway for industrial clean energy.
“In our quest to reach our ambitious goals, we’ve seen many ideas. But few actually fit the reality of industrial production,” says Gene Murtagh, CEO at Kingspan. “What RIFT offers is refreshingly tangible: a solution that doesn’t ask us to overhaul our operations, but instead integrates into them. For us, this collaboration isn’t just a milestone, it’s a glimpse of how industrial decarbonization can truly work in practice.”
He continues:
“At Kingspan, we’re committed to a 65% reduction in our Scope 1 and 2 emissions by 2030 from a 2020 base year, and that requires bold thinking and practical action. RIFT’s technology aligns with our ambition not just because it’s sustainable, but because it’s scalable. This is the kind of partnership that helps translate long-term climate goals into real results on the ground.”
With this first commercial deal, RIFT’s Iron Fuel Technology moves from promise to practice. Supported by a high-profile ecosystem of public and private partners – including PGGM, Invest-NL, and Breakthrough Energy Fellows (BE Fellows) – the company aims to expand capacity, scale deployments across Europe, and develop international projects in the years ahead. The milestone is also recognized as a turning point by stakeholders across the innovation and investment landscape.