Manali Petrochemicals (MPL) and Econic Technologies, headquartered in the United Kingdom, have reached an agreement to introduce a more environmentally friendly, carbon dioxide-containing polyol to the US$28 billion global polyol market.

According to a statement, MPL signed the agreement to expand the scale of its catalyst technology, which will be able to replace fossil raw materials with captured waste carbon dioxide in the production of polyols.

"This is an important step in the right direction. The sustainability of the supply of raw materials and the protection of the environment are critical to future generations," said Ashwin Muthiah, Chairman of MPL and AM International, Promector Group.

The partnership involves the cooperation between MPL and Econic to expand the technology at MPL's pilot plant in India. After successful completion, the process will then be introduced into one of the production lines of MPL's main factory. The common purpose is to provide CO2-containing polyols to MPL customers.

"We are happy to start working with the MPL team, an industry leader in India, to help them serve the vibrant and growing polyurethane market with sustainable carbon dioxide-containing polyols," said Keith Wiggins, CEO of Econic Technologies.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android app or IOS app.

Approximately 80% of India’s commercial fleet is chartered, compared to 53% globally

The airport is also keeping up to ensure a safe, contactless and seamless journey

The two Indian winners of the Earthshot Awards left their mark on COP26

Despite the serious flaws in the Glasgow negotiations, it has joined the world to urgently resolve...

We uncover the mystery of the world of government securities for retail investors looking for opportunities

How does it perform compared to existing investment platforms that promote G-sec retail investment

Mutual funds do not use returns from API, research and diagnostics departments

The head and shoulders pattern on the chart does not rule out the danger of a sharp drop

Tarkari seeks heroic classics and little-known Desi flavors, which come from India’s extensive...

Shiv Kunal Verma's description of the little-known Indo-Pakistani war is a book, it will not only let...

A fascinating book about Kamala Harris' political journey

Biji Kurien shows how an MBA can succeed in a long and brilliant career

Sandeep Goyal, chairman of Mogae Media and senior advertiser, talked about his new acquisition plan-Rediffusion and...

How Smytten destroyed the sampling space by moving it online

Mainstream advertising must evolve a lot to talk to new Indian women

Textile brand Siyaram launches a series of bamboo fabrics

Three years after its establishment, compliance with GST procedures is still a headache for exporters and staff...

The company's Corporate Social Responsibility (CSR) initiatives are changing the outlook for...'s wooden toys

Aequs Aerospace will create space for Koppal's large-scale toy manufacturing

It has a good reason to smile. Covid-19 has triggered consumers to switch to branded products because...