RIFT signed the world’s first commercial contract

Iron fuel is on fire, in the best possible way. Our portfolio partner RIFT signed the world’s first commercial contract for Iron Fuel Technology with Kingspan Unidek, a producer of insulation systems and prefab roofs. 

At Kingspan’s facility in Gemert, an Iron Fuel Boiler will soon power production with high-temperature heat. No fossil fuels, no carbon emissions, and this  without major infrastructure changes.

This is where bold innovation meets practical execution. And it’s only the beginning. With this first project underway, RIFT is preparing to scale across Europe.

Congrats to Mark Verhagen, Lex Scheepers, Vincent Seijger, and the entire team at RIFT!  — and to Kingspan Unidek for showing how industrial decarbonization can work in practice.

For more info: https://www.ironfueltechnology.com/2025/06/17/%f0%9f%8c%8d-weve-signed-a-historic-first-commercial-contract-for-iron-fuel-technology/