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Home Business

Theale pharmaceutical container specialist wins King’s Award for Enterprise a year after scooping a Queen’s Award

Phil Creighton by Phil Creighton
Tuesday, April 25, 2023 7:01 am
in Business, Reading
A A
The King's Award for Enterprise 2023 has been awarded to Tower Cold Chain in Theale

The King's Award for Enterprise 2023 has been awarded to Tower Cold Chain in Theale

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A pharmaceutical container specialist from Theale has been awarded the King’s Award for Enterprise.

Tower Cold Chain received the honour in the Innovation category, adding to the Queen’s Award for International Trade the company won last year.

The business develops and manufactures temperature-controlled containers for the transportation of life-science and biotech products. Its new honour is in recognition of its KTM container – a thermally insulated passive pallet shipping system, with a patented modular construction design.

To win, the team from Tower had to demonstrate outstanding commercial success over two years, attributable to the KTM.

The firm says that extensive investment enabled Tower to scale production at the beginning of the decade, a period that also coincided with the outbreak of the Covid-19 pandemic, when the KTM was widely used by pharmaceutical manufacturers to ship vaccines globally.

Its passive systems help maintain the internal contents of the container within a specific temperature range for 120 hours, without any requirement for active control, electricity, or manual intervention.

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The standard controlled temperatures are ambient (15°C to 25°C), chilled (2°C to 8°C), frozen (-15°C to -25°C) and deep frozen (-60°C to -80°C).

And Tower says the KTM has filled a gap in the cold chain shipping market, with its design striking the optimum balance between volumetric efficiency, durability, and optimised weight.

“To win any King or Queen’s Award requires the highest standards, so for Tower Cold Chain to receive awards in two consecutive years is a fantastic achievement,” said Niall Balfour, Tower Cold Chain’s CEO.

“With our industry-leading product, it is an incredible honour to receive such recognition for the KTM range as we continue to work with global pharmaceutical manufacturers, airlines and third-party logistics customers to deliver products to patients in a robust, reliable, reusable method.”

Renamed to reflect King Charles III’s Accession, following Her Late Majesty, Queen Elizabeth II, the King’s Award for Enterprise remains to be the most prestigious business awards in the UK, with winning businesses able to use the esteemed award emblem for the next five years. The Awards recognise British businesses who excel in specific areas, including international trade, innovation, and sustainable development – two of which Tower has been endowed.

For more information on Tower Cold Chain, visit: https://www.towercoldchain.com/

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