Magnetocaloric Cooling as a Powerful and Environmentally Friendly Alternative for Refrigeration Technology
In the context of economic responsibility, VULKAN focuses on economic effectiveness and efficiency. To achieve this, VULKAN emphasizes the development and testing of innovative and resource-saving products that addresschanging market demands, sustainability and effectively complement the existing product portfolio and create new market opportunities. This includes investing in forward-looking technologies, such as magnetocaloric cooling technology, developed by the Franco-German start-up Magnoric.
Since 2022, VULKAN, through its management company Hackforth Holding GmbH & CO KG, has been the majority shareholder of Magnoric. Based in Strasbourg, France, the company specializes in magnetocaloric cooling technology and waste heat recovery. It develops and produces both highly efficient and environmentally friendly cooling macines as well as devices for recovering electrical energy from low-temperature waste heat.
As pioneers of magnetocaloric technology, VULKAN and Magnoric presented an innovative, high-performance magnetocaloric cooling prototype at Chillventa, the world's leading refrigeration technology trade fair, held in Nuremberg in 2024. This system has the potential to set a new industrial standard for cooling performance, significantly improving both, efficiency and environmental sustainability in refrigeration technology.
A Groundbreaking Solution for the Industry
At the heart of this innovation is magnetocaloric technology, a ground-breaking alternative to conventional cooling systems that rely on harmful refrigerant gases. The Magnoric solution uses magnetic fields to cool systems, offering an environmentally friendly alternative with impressive performance advantages.
By eliminating refrigerants, this innovative technology addresses two key challenges: reducing greenhouse gas emissions and improving energy efficiency. As global regulations on refrigerants and their environmental impact become increasingly stringent, the demand for sustainable solutions is more urgent than ever. The Magnoric prototype represents a concrete step toward a future where cooling is both, efficient and environmentally friendly.
A Strong Partnership with VULKAN
“Our partnership with the VULKAN Group plays a crucial role in transforming industrial refrigeration technology. VULKAN’s expertise in the industrial sector complements our cutting-edge technology and accelerates the development and commercialization of magnetocaloric solutions,” says Gregor vam Ackeren, CEO of Magnoric. “Through this strategic collaboration, we aim to push the boundaries of industrial refrigeration and make high-performance, sustainable cooling systems accessible to a wide range of industries,” he adds.
“We are proud to be able to contribute to a climate-neutral future by investing in Magnoric's innovative technology,” says Sebastian Meise, CEO of the VULKAN Group.