Sustainea, a company focused on sustainable chemistry, announced plans to locate its first U.S. operations in Indiana, investing $400 million to establish its first Bio-MEG (monoethylene glycol) industrial plant in Lafayette. The facility will be co-located with Primient, leveraging the company’s local supply of corn dextrose to produce a renewable, plant-based alternative to petroleum-based MEG.
“Indiana is a global agbiosciences leader, and we are excited to welcome Sustainea to our thriving ecosystem of growers, manufacturers and innovators,” said Gov. Holcomb. “Today’s news not only marks a significant win for the growth of this future-focused sector in Indiana and globally, but it represents growing ties between Indiana and Brazil and creates new opportunities for our two regions to work together for the benefit of our economies and our people.”
Sustainea is a joint venture between Brazil-based Braskem and Japan-based Sojitz created with the ambition to be the global leader in Bio-MEG, which can be used as a drop-in product, delivering high quality and functionality while significantly reducing the carbon footprint. The new facility in Lafayette will produce Bio-MEG from Primient’s dextrose – a carbohydrate derived from corn, providing a renewable chemical that is a key component in the manufacturing of polyethylene terephthalate (PET). PET has numerous applications across various sectors, including textiles (apparel, footwear) and packaging (beverage bottles, food packaging)…