Fundz

AdvanSix received a $12 million grant from the USDA to expand innovative American fertilizer production and strengthen domestic supply chains.

PUBLIC · ASIXSep 16, 2024

Amount Raised

$12 Million

Round Type

Grant

ParsippanyManufacturing

Description

AdvanSix has been awarded a $12 million grant from the U.S. Department of Agriculture through the Fertilizer Production Expansion Program. This funding will support the expansion of the company's production capacity and is part of the SUSTAIN initiative aimed at increasing nitrogen-based fertilizers while maintaining environmental stewardship.

Quick answer

AdvanSix raised $12 Million in a Grant round, dated September 16, 2024. AdvanSix is based in Parsippany, New Jersey, United States.

How much did AdvanSix raise?
AdvanSix raised $12 Million in a Grant round on September 16, 2024.
What does AdvanSix do?
AdvanSix is a diversified chemistry company that produces essential materials for customers in a wide variety of end markets and applications.
Where is AdvanSix based and how big is it?
AdvanSix is based in Parsippany, New Jersey, United States. Fundz records about 689 employees.
Who are the decision-makers at AdvanSix?
Fundz holds 5 contacts at AdvanSix, including the Talent Acquisition Leader. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Manufacturing around the same time

Companies in the same sectors as AdvanSix that raised within 45 days of this round, from Fundz verified event records.

  • Lucid Group raised $1.5B (Convertible Note) on August 7, 2024.
  • LuxWall raised $51M (Series B) on October 31, 2024.
  • Country Delight raised $24M (Debt Financing) on October 31, 2024.
  • Ovagen raised $2.2M (Series A) on October 31, 2024.
  • Beta Technologies raised $318M (Series C) on October 31, 2024.
  • Green Matters Technologies raised $1.5M on October 31, 2024.

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Company Information

Company

AdvanSix

Location

300 Kimball Drive

Parsippany, New Jersey, United States

About

AdvanSix is a diversified chemistry company that produces essential materials for customers in a wide variety of end markets and applications. Their integrated value chain of five U.S.-based manufacturing facilities plays a critical role in global supply chains and enables them to innovate and deliver essential products for customers across various industries.

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Related People

5 contacts
Verified contactsLauren C., Talent Acquisition Leader hiddenSee plans and pricing
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AdvanSix raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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