Trillium Renewable Chemicals announced a $13 million Series B financing round, led by HS Hyosung Advanced Materials and supported by Capricorn Partners. This funding will advance the construction and operation of the world’s first demonstration plant for bio-based acrylonitrile. Project Falcon has been completed, with commissioning planned for Q2 2026. The raised capital will facilitate ongoing innovation and engineering design for future commercial plants.
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Company Information
Company
Trillium Renewable Chemicals
Location
Knoxville, Tennessee, United States
About
Trillium is replacing oil and gas with plant-based feedstocks in the manufacturing of green, drop-in molecules. Trillium has developed proprietary thermochemical technology to convert plant-based feedstocks like glycerol into valuable chemical intermediates (acrylonitrile and acetonitrile). Acrylonitrile is used to manufacture a wide-range of materials (e.g., acrylonitrile-butadiene-styrene (ABS) plastic, carbon fiber, acrylic fiber, nitrile butadiene rubber (NBR), acrylamide, specialty amines). As the worldwide demand for these chemicals increase, Trillium is providing a green alternative.
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