Economic potential

Production costs of everyday plastics from petrochemicals are overwhelmingly dominated by raw materials. Typically, these raw material costs account for 80% or more of the total cost. Econic’s Tunable Catalyst systems offer a clean-tech alternative, liberating manufacturers from their reliance on expensive petrochemicals while enabling them to make good use of waste CO2.

Using one of our catalyst systems means up to 50% of the necessary fossil fuel-based raw materials can be substituted with CO2 in the manufacture of polyols.

THE USE OF ECONIC CATALYST SYSTEMS IN THE MANUFACTURE OF POLYOLS MEANS THAT:

  • Up to 50% of existing, expensive fossil fuel-based raw materials can be replaced by waste, or readily available CO2. (Saving example: $1500-2000/ton for petrochemical raw materials versus $5-50/ton for CO2).

  • It is cost-effective and relatively easy to retrofit the enhanced manufacturing capabilities onto existing plants, which means low capital cost of entry to this new, clean technology. (Example: Cost to retrofit a 20kte polyol plant would have a payback term of less than two years).

  • Enhanced product performance enables our customers to target higher value applications with reduced manufacturing costs improving available margin potential.

  • 30% market penetration of our catalyst systems would create more than $1Bn in potential value for polyol producers.

  • Opportunities for carbon trading further
    boost economic potential.