Econovate is committed to tackling global warming by developing and incorporating sustainable products for the construction industry. We aim to manufacture products out of waste diverted from landfills to reduce CO2.
The Econovate model exploits waste paper and cardboard and other discarded materials to create superior construction materials of the highest environmental credentials. Our current product uniquely combines technologies from different industries to manufacture high value fibre-cellulose based goods, engineered to achieve enhanced thermal and acoustics specifications in an affordable and high performing structural block.
Furthermore we aim to develop a business model that will support local economies around the world by using local recycling systems, creating primary and secondary local jobs and supplying local demand to maintain sustainable production with a low carbon footprint. Econovate is committed to continue developing new low carbon products for the construction industry.
Currently Econovate is fully funded and is in the process of installing it demonstration plant. We expect to start selling our product by 2014.