FAQ
Please browse our list of frequently asked questions relating to our company and what we do. If you have any further questions, please do not hesitate to contact us.
What does Corac Group plc do?
Corac is an intellectual property and engineering group which holds many patents. It focuses on high speed, direct drive compressors based on its expertise in gas bearings and high speed shafts, and motor drives for use in the extraction of gas from gas wells and for supercharging piston compressors used in factory applications.
Corac Group plc has researched and developed technologies primariliy in the field of air bearings. The base technologies have also been applied to industrial 'no-oil' compression in the power range of 50 to 150KW and downhole gas compression for natural gas extraction.
What are Corac Group plc's main business areas?
Our main business areas comprise:
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Gas in harsh environments: includes DGC, air cycle cryogenics and vapour cycle refrigeration
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Clean air supply: includes waste water treatment, pneumatic powder conveying and air drying
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Efficient air power: facilitates lower cost, more efficient industrial air compression
What is Corac Group plc's business model?
We seek collaborative arrangements with existing prominent companies who have complementary technology and direct access to the market with sales and service support. However‚ to maintain a competitive technological advantage we will continue research and development.
Which market sector does Corac Group plc operate in?
Corac Group plc is a technology and intellectual property company with engineering expertise in a number of innovative technologies in the compressed air/gas sectors. We focus our products on established markets, including the oil and gas industry. Please visit our About Us page for more information.
When was Corac Group plc established?
Corac Group plc was founded in 1996.
Where are Corac Group plc's headquarters?
CoracTechnology Centre, 683-685 Stirling Road, Slough, Berkshire SL1 4ST. Please go to our location map page for further directions.
How can I obtain a copy of Corac Group plc's Annual Report and Accounts?
Please visit our Investors pages and click on the financial reports page‚ from where the latest report can be downloaded. A full archive of all our financial reports can be viewed here.