Trillium Renewable Chemicals lands $13M investment
In Tennessee, Trillium Renewable Chemicals (Trillium) has raised a $13 million Series B financing round. The financing was led by HS Hyosung Advanced Materials with participation from Capricorn Partners. This funding builds on the company’s previous $10.6 million Series A financing round and non-dilutive $2.5 million award from the U.S. Department of Energy.
Following a successful multi-year pilot program validating its glycerol-to-acrylonitrile technology, Trillium selected INEOS Nitriles’ Green Lake facility to host the world’s first demonstration plant (deemed “Project Falcon”) for the manufacture of 100% bio-based acrylonitrile. Construction of Project Falcon is complete, marking the first industrial-scale deployment of Trillium’s technology. Commissioning is scheduled for second quarter 2026 with product shipments to follow later this year. The capital raised funds 1) design and construction of Falcon (completed), 2) Falcon operation, 3) continued pilot-scale innovation, and 4) advanced stage engineering design of the first commercial plant.
Category: Fuels
