Romanian company Chimcomplex works with British research company to produce CO2-based polyols

Chimcomplex (BVB: CRC), Romania’s largest chemical group, and British deep technology company Econic Technologies have signed a memorandum of understanding to explore the potential production of CO2-based polyols. This collaboration aims to strengthen sustainability and improve material performance in various industries while introducing Econic’s sustainable polyol technology to the European market.

Econic Technologies has developed a proprietary catalyst and process that allows manufacturers to replace up to 30% of fossil-based materials in polyols with captured CO2.

This technology is available for licensing, enabling the production of high-performance polyols used in applications such as foams, laminates, coatings and elastomers. These materials have various uses in industries such as furniture, mattresses, automotive, construction, footwear, clothing and other industrial applications.

This initiative helps reduce the carbon footprint of European industries by offering polyols made from captured CO2 instead of fossil fuels, thereby significantly reducing CO2 emissions.

Chimcomplex, a strategic company for the Romanian economy, is the largest chemical manufacturer in Eastern Europe. The company specializes in polyols, chloroalkalis, amines and oxo-alcohols and operates two industrial platforms in Onești and Râmnicu Vâlcea.

With a history spanning 70 years, Chimcomplex continues to develop high-quality products and processes for a more sustainable future.

In 2023, the company had a turnover of approximately 283 million euros and is headquartered in Bucharest, Romania.

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(Photo source: the company)