The demand exists — and is growing.
Acrylonitrile (ACN) are used around the world to manufacture everything from toys, to apparel, to personal care products, to food. Worldwide demand is 6 million tons per year and growing. All told, acrylonitrile is a $14B market that includes fast growing segments like carbon fiber.
Customers are looking for green alternatives.
The $80 billion renewable chemicals market is growing at around 11 percent annually. According to McKinsey research*, four of five consumers consider sustainability when making purchases.
*McKinsey, The Growing Demand for Green
Proven, patented technology ready to scale.
Our two-step chemical process was invented in 2014 and has been carefully developed with over $9M in R&D funding. After 7 years of extensive lab- and pilot-scale testing, we are ready to scale to commercial operation. Our team is developing the engineering design for the first flagship plant right now. With experienced team and unit cost economics on par with the conventional fossil route, we are ready to commercialize a greener way to make chemicals.