

LONDON, FEBRUARY 21, 2018: Pratima Rangarajan, CEO of OGCI Climate Investment, today announced a new investment in Econic Technologies
The funding will be used to further develop Econic’s pioneering catalyst systems that enable up to 50% by weight CO2 to be incorporated as a raw material into the manufacture of polyols, the base of all polyurethanes. By unlocking the positive potential of CO2 waste and incorporating it as a feedstock, Econic’s technology reduces the reliance on fossil fuels and potentially enhances industry margins.
Pratima Rangarajan, CEO of OGCI Climate Investment, said: “We believe that CO2 utilisation in products is an important pathway to capture carbon and will contribute to a more sustainable energy future. Econic’s catalyst technologies are a step in the right direction and we look forward to supporting them as they grow.”
For more information, see here.
OGCI Climate Investment invests in promising technologies and business models that have the potential to significantly reduce greenhouse gas emissions and are commercially viable and scalable. In October 2017, OGCI Climate Investment announced investments in Solidia Technologies, Achates Power and the Clean Gas Project.
Notes to editors
To learn more about OGCI, please visit www.ogci.com.
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