A License Agreement Has Been Established Between Aether Industries And Saudi Aramco Technologies Company For Bio-Based Polyols Technology

Aether Industries And Saudi Aramco Technologies Company Inked A License Agreement To Commercialize The Sustainable Converge® Polyols Technology

Aether Industries Limited is among India's top manufacturers of speciality / fine chemical and provides contract research and manufacturing services. The company has signed a new accord with Saudi Aramco Technologies Company in order to commercialize the sustainable Converge® polyols technology.

By this step, the formal initiation of Aether's operations in the production and commercialization at Aether of the Converge® polyols technology and product range has begun. The production process was earlier designed and validated together at the pre-commercial scale by both companies.

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Aether Industries is glad to partner with Saudi Aramco Technologies Company as a step in the right direction to pair up for the commercialization of Converge® polyols. Following a few years of collaborative work, the company is delighted to have picked the Converge® polyols.

The Converge® platform stands for a highly advanced technology used in manufacturing more sustainable polyols, which comprise around 40% carbon dioxide by weight.

This differentiated polyols series has a significant hope tied on in the application of CASE (coatings, adhesives, sealants, elastomers) field. This novel technology has great revenue potential with a targeted market of 850 KTA (850,000 MT annually) and a 5% CAGR from the entire CASE industry polyol market size of over 10,000 KTA.

This is due to the polyols being renewable and the use of local raw materials like tall and rapeseed oil. They account for 70-83% biocarbon content which is a major amount to lower the polyurethane system's carbon footprint.

Another unique feature is that they are not made by the standard epoxidation of double bonds in unsaturated fatty acids. But, in a remarkable process where all carboxyl groups are reduced to produce primary high-quality polyols.

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These products also have great properties like hydrolytic stability, high hydrophobicity, high reactivity, and great resistance to chemicals. They are mainly employed for making rigid foams, e.g. insulating foams and spray foams.

According to the article by Procurement Resource, Aether Industries and Saudi Aramco Technologies Company agreed to a License Agreement for Aether Industries to be able to produce new Converge® polyols technology, which is a groundbreaking technology that can help reduce the carbon footprint of the polyurethane system.