Finland: Coolbrook has appointed as Kim Hedegaard as CEO, to start in November 2026. He succeeds Lauri Peltola, who has worked as interim CEO since September 2026. He will move to the role of Chief Commercial Officer. Hedegaard previously worked as the CEO of Topsoe’s Power-to-X division since 2022. Before this, he worked for the Denmark-based company in a variety of roles since the late 1990s starting as a project manager.

Finland-based Coolbrook develops technologies to replace the use of fossil fuels in large processing industries including cement. Over the past 10 years, the company has developed the Roto Dynamic Reactor (RDR) and Roto Dynamic Heater (RDH). Both of these convert electrical power into thermal energy, in the form of high-temperature gas.