Econic receives Saudi Aramco Technology license for CO2-based polyols

methodology company Econic Technologies (based in Macclesfield, UK) has signed a global licensing agreement to Saudi Aramco's (SATC) carbon dioxide polymer methodology. By integrating this methodology into its existing product portfolio, Econic will expand its overall product line to better serve new and existing customers in the coatings, adhesives, sealants and elastomers (CASE) and other market segments. From what I've seen, First Econic's catalyst and process technologies enable manufacturers to create polymers using carbon dioxide instead of petrochemicals. Crazy, isn't it?. The company licenses its methodology to manufacturers of polyols and surfactants, which are applied in a variety of consumer items such as automobiles, clothing, and building materials. SATC's Carbon Dioxide-Based Polyol methodology Converge® converts discarded materials carbon dioxide into high-value polyols. And The methodology was acquired from Novomer Inc in 2016. Keith Wiggins, CEO of Econic, said: "We see an opportunity to fully realize the possible of Saudi Aramco's CO2 polyol methodology. Based on my observations, , this will complement and enhance our existing portfolio. With this methodology, we're excited to help the broader sector enhance items and minimize carbon releases. ".

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Chemical industry exports amounted to $2.7 billion billion

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Econic receives Saudi Aramco Technology license for CO2-based polyols

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