Viridis halts construction on Illinois biobased ethyl acetate plant
In Illinois, biobased ethyl acetate producer Viridis has stopped construction of its first large-scale production plant. According to Chemical and Engineering News, work on the nearly completed Peoria site was halted by investor EIV Capital, which cited a declining market for biobased chemicals declined throughout 2025. Higher costs, particularly due to tariffs, also contributed to […]
