TAGS: Sustainability / Natural Solutions
Econic Technologies has signed a memorandum of understanding with Sanyo Chemical.
The companies will assess Econic’s technology for the production of CO2-based polyols for use in sustainable, high-performance polyurethanes.
Replacing Up To 30% of Fossil-based Component
Econic’s technology is based on a proprietary catalyst and process that allows manufacturers to replace up to 30 percent of the fossil-based component in their polyols with captured CO
2.
The resulting high-performance polyols can be used in foams, laminates, coatings, and elastomers for applications such as furniture and mattresses, automotive, construction, footwear and apparel, and many industrial uses.
“
Commercializing products based on renewable carbon is increasingly important in light of climate change and the need to shift to a circular economy. By essentially upcycling and extending the life of captured CO2 that is already above ground, carbon utilization technologies have an important role to play. We are pleased to have reached an understanding with Sanyo Chemical to explore bringing our solution for renewable carbon to Japan’s manufacturing sector,” said Econic CEO Keith Wiggins.
Changhua in China, Monument Chemical in the US and Manali in India have already licensed Econic’s technology. Industrial quantities of PCE polyols based on Econic’s technology will be available in market later this year.
Source: Econic Technologies