Norner Verdandi acquires 30 % of Econic
Norner Verdandi AS, Stathelle, Norway, a technology commercialisation company, has invested in Imperial Innovations portfolio company, Econic Technologies Ltd. The investment is made together with Imperial Innovations, a leading British technology commercialisation and investment group.
Norner is a plastics institute and international supplier of consultancy and technological services to polymer and plastics industries.
Econic is developing catalysts that enable production of plastics, such as polycarbonates and polyurethanes using CO2 as one of the feedstocks. As a result, the proportion of petrochemicals in these materials is reduced, thereby giving significant benefits in eco footprint.
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