Manali Petrochemicals (MPL) has entered into a Memorandum of Understanding (MoU) with Econic Technologies for introducing a more environment friendly, CO2 containing polyols, into the $28 Billion global polyols market. MPL has signed a MoU with Econic Technologies to scale their catalyst technology which would enable substitution of fossil based raw materials with captured waste CO2 in the production of polyols.
The partnership involves MPL and Econic collaborating to scale the technology at MPL's pilot plant in India. On successful completion, this will be followed by the introduction of the process to one of the production trains in MPL's main plant. The shared intent is to bring CO2 containing polyols to MPL's customers.
Manali Petrochemical (MPL) is a leading petrochemical manufacturer based in Chennai, India. It markets propylene glycol and polyols.
