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Sustainea and Primient Partner to Establish Largest U.S. Bio-MEG Facility in Lafayette, Indiana

Oct 07, 2024•over 1 year ago

Contract Type

partnership

LafayetteManufacturingBiotechnology

Description

Sustainea and Primient have announced a co-location partnership for the supply of corn dextrose from Primient’s facility in Lafayette, Indiana to Sustainea’s first Bio-MEG (monoethylene glycol) plant. Sustainea’s planned facility represents an investment of around $400 million and will produce a renewable, plant-based alternative to petroleum-based MEG. The partnership aims to significantly reduce the need for traditional fossil-based plastics by producing bioproducts for various industries.

Company Information

Company

Sustainea and Primient

Location

Lafayette, Indiana, United States

About

Sustainea and Primient are partnering to establish the largest U.S. Bio-MEG facility in Lafayette, Indiana. Sustainea aims to be the global leader in Bio-MEG, producing a renewable, plant-based alternative to petroleum-based MEG, while Primient is a leading manufacturer of plant-based ingredients with a focus on producing high-quality, low carbon dextrose.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
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Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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