Econic’s underlying catalyst technology was developed at Imperial College London, one of the top research universities in Europe. A team of scientists led by Professor Charlotte Williams laid the ground work for the continued development of Econic’s catalysts, which enables captured CO2 to be incorporated into a range of polycarbonate products.
Econic Technologies started operations in 2011 with initial investors Touchstone Innovations and Norner Verdandi to develop the current technology for commercial applications. A further investment in 2013 by Jetstream Capital and Imperial Innovations has been used to scale up and commercialise the technology. Investment has continued into 2016 with the addition of Woodford Investment Management.
Econic Technologies moved it’s business operations to Alderley Park, Cheshire, in January 2017. This move will enable further scope for expansion and progression at all levels of the company.