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 catalyst technologies 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 technologies means that 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 TECHNOLOGIES IN THE MANUFACTURE OF POLYOLS MEANS THAT:
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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).
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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 20 kte polyol plant would have a payback term of less than two years).
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Enhanced product performance enables our customers to target higher value applications with reduced manufacturing costs improving available margin potential.
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30% market penetration of our catalyst systems would create more than $1Bn in potential value for polyol producers.
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Opportunities for carbon trading further
boost economic potential.