Cold Chain Technologies, LLC

Cold Chain Technologies, LLC Overview

Company Headquarters: Massachusetts, US

Founded: 1967

Workforce: ~216

Company Working: Cold Chain Technologies, LLC (CCT) provides advanced thermal packaging solutions for the shipment of temperature-sensitive drugs, vaccines, and biologics, principally serving the Life Sciences industry. CCT has established a reputation as the industry's most inventive and reliable provider to the world's most significant life sciences and pharmaceutical companies and distributors for more than 50 years of ensuring product safety in transit. It offers a wide range of cost-effective packaging options for Just in Time (JIT) delivery to customers. The company has a global presence in North America, Latin America, Europe, and Asia-Pacific.

Strategy

Cold Chain Technologies, LLC mainly focuses on strategic partnership and product development in temperature-controlled packaging. Moreover, it has a robust strategic partnership with the companies such as Topa Thermal (Netherlands), VWR International, LLC (US), and Cedarlane Shipping Supplies (Canada). Due to such partnerships, the company has been optimizing its processes and product portfolios.

Company Snapshot

216

Employees

1967

Founded

Massachusetts, US

Headquarters

SWOT Analysis

Strengths

Strong product portfolio
Wide customer base
Renowned brand

Weaknesses

Risk in inventory management
High dependence on matured markets

Opportunities

Product launches
Scope for mergers & acquisitions

Threats

Intense competition from the global players
Fluctuating foreign currency exchange rates

Key Developments

Date	Approach	Development
March 2022	Acquisition	CCT acquired Packaging Technology Group Inc (US). This acquisition will provide environmentally friendly and innovative thermal packaging solutions for the life sciences industry.
March 2021	Partnership	CCT partnered with B Medical Systems (Luxembourg). The new partnership will provide comprehensive thermal packaging and stationary refrigeration solutions for temperature-critical medications
April 2020	Partnership	CCT partnered with DuPont (US) for Tyvek Cargo Covers to provide customers with the same high quality and reliable performance expected of DuPont Tyvek Cargo Covers, with improved customer and technical services tailored specifically to the manufacturers and distributors of temperature-sensitive, life-science products.
January 2020	Product Development	CCT introduced KoolTemp GTS Enshield, a pallet cover system with integrated Phase Change Material (PCM). GTS Enshield is a freight-efficient solution that combines the insulation and easy pack-out of a pallet cover with the temperature regulating benefits of CCT’s Koolit Advanced PCM Gel integrated into the cover.

Product Offering

Cold Chain Technologies, LLC
- Insulated Containers
- Insulated Shipping

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