16 June 2010 15:41 [Source: ICIS news]
DUBAI (ICIS news)--Novomer plans to produce new catalyst systems that use carbon monoxide (CO) and carbon dioxide (CO2) as feedstocks and catalysts to produce high-performance, environmentally responsible polymers and chemical intermediates, a company official said at an industry conference on Wednesday.
“By using chemical wastes as feedstock and catalyst, we are producing a range of more cost-efficient products without compromising their qualities,” said Jim Mahoney, CEO and director of US-based sustainable materials company Novomer.
Mahoney was speaking to delegates at the first Gulf Petrochemicals and Chemicals Association’s (GPCA) plastics summit in ?xml:namespace>
The CO2-based polymers are expected to contain up to 50% of CO2 by mass, which is a very low-cost starting material, Mahoney said.
The pilot production line was already operational, he added.
“Material is only available through some exclusive windows, and it is expected to become available to a number of dedicated converters in 2012.
“Fully commercialised production in scale large enough to offer a competitive pricing will only happen in another three to five years,” he said.
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|