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Trillium Renewable Chemicals announced it raised $9.75 Million in an initial filing from an offering of $14.1 Million

Aug 13, 2024about 1 year ago

Amount Raised

$9.75 Million

KnoxvilleBiotechnologyManufacturing

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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