Trillium Renewable Chemicals has secured $13 million in Series B funding to advance its sustainable chemical production. Led by HS Hyosung Advanced Materials, the financing supports the company's groundbreaking "Project Falcon" demonstration plant. This newly completed facility is the world's first poised to produce 100% bio-based acrylonitrile at an industrial scale, signaling a major shift in the chemical industry.
Strategic Funding for Commercial Scale-Up
The investment round, which also included participation from Capricorn Partners, builds upon a previous $10.6 million Series A and a $2.5 million government award. These funds are earmarked for operating the newly constructed Project Falcon and designing Trillium's first full-scale commercial plant. This financial backing signals strong confidence in the company's strategic path from innovation to market-ready production.
Project Falcon Marks Industrial Milestone
Located at the INEOS Nitriles' Green Lake facility, Project Falcon is the first industrial deployment of Trillium's glycerol-to-acrylonitrile technology. Construction is now complete, marking a critical transition from successful multi-year pilot programs to tangible industrial output. Commissioning is scheduled for the second quarter of 2026, with initial product shipments expected to follow later in the year.
Investor Confidence in Sustainable Technology
Investors have affirmed their belief in the technology's readiness for the market. Young-Joon Lee of HS Hyosung Advanced Materials noted that Falcon's completion demonstrates the process is ready for industrial validation. Wouter Van de Putte of Capricorn Partners added that Trillium has proven both its technical performance and its ability to execute at scale.
Trillium's CEO, Corey Tyree, emphasized the company's shift from technical proof to commercial proof. He stated that while pilot programs validated the chemistry, Project Falcon is set to validate its scale and manufacturability. The new funding allows Trillium to demonstrate its product meets industrial performance standards at meaningful production volumes.
Transforming the Acrylonitrile Market
Trillium's innovation targets a global market that produces over six million metric tons of acrylonitrile annually, almost entirely from fossil fuels. The company offers a plant-based, "drop-in" alternative that requires no changes to existing downstream supply chains. This seamless integration simplifies adoption for manufacturers across numerous sectors seeking sustainable materials.
Acrylonitrile is a vital component for high-performance materials used in a diverse range of industries. It is a key ingredient for carbon fiber in aerospace and automotive applications, as well as performance plastics and textiles. Trillium's sustainable product provides a green alternative for these high-value and technically demanding supply chains.
With its new capital and the completed Project Falcon, Trillium Renewable Chemicals is poised to make a significant environmental and commercial impact. The upcoming plant commissioning represents the final step before the company pursues full commercial deployment. Trillium is now actively engaging strategic partners to introduce its sustainable acrylonitrile to a global industrial market.