Page 175 - CW E-Magazine (22-4-2025)

News from Abroad

PARTNERSHIP

Econic inks licensing deal with Saudi Aramco

Technologies Company for CO polyols
2
Econic Technologies, a UK-based
technology company focused on re-
newable carbon, has signed a global
license agreement for rights to Saudi
Aramco Technologies Company’s
(SATC’s) CO polymer technologies.
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By incorporating the technology into its
existing portfolio, Econic will expand
its overall product offering, allowing
it to better serve new and existing
customers in coatings, adhesives, sealants,
and elastomers (CASE) and other market
segments.

SATC was among the first compa-
nies to introduce CO polyols to market
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with its Converge range. Since the tech-
nology’s debut, complementary techno-
logies and sustainability strategies have
evolved significantly. Econic is seeking newable carbon – into useful, high-per- In recent months, Econic has acce-
to strategically develop, combine, and forming materials. We see an oppor- lerated the commercialisation of its
position SATC’s CO technology to tunity to take Aramco’s CO polyol technology in the US, Europe and Asia.
2
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support the strong and growing demand technology to its potential, comple- The company announced several com-
for sustainable materials. menting and strengthening our existing mercial agreements and MOUs with
offering. With this addition, we are polyols producers that will manufac-
“At Econic, our market-leading excited to help a broader range of indus- ture and market polycarbonate ether
catalytic and process technologies turn tries improve their products and reduce (PCE) polyols based on captured car-
carbon dioxide – a readily available, their carbon emissions,” commented bon. Industrial quantities will be avail-
abundant, and affordable source of re- Mr. Keith Wiggins, CEO of Econic. able in 2025.

GPCA’s plastics conference to explore role of innovation
in value creation and growth

The Gulf Petrochemicals and gether senior executives and policymakers the implementation of Extended Producer
Chemicals Association (GPCA) will from Middle East region, Europe, and the Responsibility (EPR), and the role of inno-
explore the role of innovation in driv- US, representing leading companies in the vation and technology in driving sustaina-
ing value creation and growth at the plastic industry and waste management ble profitability. The programme will fea-
14th GPCA Plastics Conference taking sector. The conference will spotlight the ture keynote speeches, multi-stakeholder
place on 20-21 April 2025 in Riyadh, industry’s top strategic priorities, including panel discussions, and case studies from
Saudi Arabia. balancing sustainability with economic leading organisations, which will highlight
prosperity, value chain innovation, manag- innovative solutions that enhance the value
Held under the theme: “The next ing low-value plastic waste, and accelerat- of sustainable plastics and contribute to
growth paradigm: Value creation through ing the transition to a circular economy. It achieving national and regional sustaina-
innovation”, the conference will bring to- will also address key regulatory policies, bility goals.

Chemical Weekly April 22, 2025 175

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