Trillium Renewable Chemicals, Inc.
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Trillium Renewable Chemicals, Inc. - overview
Established
2021
Location
Knoxville, TN, US
Primary Industry
Chemicals
About
Based in Tennessee, US, and founded in 2021 by co-founders Corey Tyree and Liesl Schindler, Trillium Renewable Chemicals, Inc. is focused on developing and commercializing chemicals that are made from renewable feedstocks such as agricultural waste, biomass, and microorganisms. In December 2022, Trillium Renewable Chemicals Inc. raised USD 10.
6 million in Series A funding led by investor Hyosung Advanced Materials Corporation, with the participation of other investors Helm AG and Capricorn Partners. The company's flagship product is a renewable acrylonitrile alternative derived from glycerol, a renewable feedstock. This breakthrough product offers customers a safer and more sustainable option compared to conventional, fossil-based acrylonitrile, which is commonly used in the production of plastics, fibers, and resins. By harnessing the power of green technology, trillium reduces carbon emissions and enhances safety standards.
The company plans to use the December 2022 funding to construct and operate a market demonstration unit for Trillium's innovative Bio-ACNTM process.
Current Investors
Capricorn Partners, HELM, Hyosung Advanced Materials Corp.
Primary Industry
Chemicals
Sub Industries
Petrochemicals, Commodity Chemicals
Website
www.trilliumchemicals.com/
Verticals
Clean Technology, Manufacturing
Company Stage
Series A
Total Amount Raised
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