Econic Technologies

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Creating new value from waste carbon dioxide for the plastics industry, building a future where greenhouse gas can be transformed for commercial and environmental gain.

Keith Wiggins

CEO at Econic Technologies

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econic-technologies.com

Employees 21–50

Headquarters Alderley Edge, United Kingdom

Econic Technologies offers ground-breaking technology to plastics manufacturers in key markets, liberating them from their reliance on expensive petrochemicals and enabling them to create added value through use of waste carbon dioxide. Using an Econic catalyst system means up to 50 percent of the necessary fossil fuel-based raw materials can be substituted with carbon dioxide. This creates three compelling pillars of benefit for their initial target market. The technology delivers raw material cost savings of over $10 million for a typical 50 kte/yr production unit, with retrofit investment on existing assets paid back within two years. Polyol performance benefits create further value to deliver overall dramatic margin increase for the polyol producer. For every ton of carbon dioxide used, a further two tons of emissions are avoided by reducing the use of fossil-based feedstock. By creating new value from waste carbon dioxide for the plastics industry, Econic is building a future where a damaging greenhouse gas can be transformed for commercial and environmental gain.

Energy & Environment

Currently Operating in 13 Regions

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Press Mentions

February 16, 2023

Green start-ups ‘solving net zero challenge’, says Sunak during Bill Gates visit

One of the companies, H2GO Power, is developing “disruptive smart technologies” to change how hydrogen is stored and managed. Another, Econic, is developing catalyst technologies that enable the...

Read on The Independent »

February 15, 2023

Bill Gates and Prime Minister launch new UK cleantech coalition at Imperial

CLEANTECH COALITION - Imperial hosted Bill Gates and UK Prime Minister Rishi Sunak for the launch of a new initiative to supercharge UK cleantech innovation.

Read on Imperial News »

December 13, 2022

Amsterdam’s econic bags €125M to accelerate the energy transition in the Netherlands and Germany | Silicon Canals

econic will use the funds to make a significant contribution to accelerating the energy transition in the Netherlands and Germany.

Read on Silicon Canals »

October 11, 2019

The collaborative ecosystem solving the world’s greatest challenges

Such alliances work because established companies are champions of running global operations while smaller companies thrive at disruption and knowing where markets are going next.

Read on ft_content »

October 11, 2019

The collaborative ecosystem solving the world’s greatest challenges

Read on ft_content »

January 29, 2019

The 2019 Global Cleantech 100

i3 is the innovation network that drives sustainability. i3 helps investors and corporate strategics find and connect with emerging technologies globally.

Read on Cleantech Group »

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