Investing.com
Published Apr 11, 2024 20:14
The 500,000-square-foot Bioforge™
"Today's groundbreaking represents a key milestone in our growth journey, underscoring our commitment to innovation and the future of biomanufacturing in the
Bioforge™
The pioneering process employed by Solugen's Bioforge™
"Solugen's chemienzymatic technology is a transformative force in sustainable chemical manufacturing," said
Dextrose will serve as the primary feedstock, with an estimated 150 million pounds converted annually at full production. The facility will feature two dextrose pipelines connecting directly to the adjacent ADM plant, boosting production and significantly lowering the cost and emissions associated with transport.
"We are excited to be taking the next step in our partnership with Solugen and to help meet the increasing demand for sustainable products," said
In support of the project, Solugen was awarded
"DEED is proud to support the advancement of sustainable biomanufacturing in
The facility, which is expected to come online in the fall of 2025, is primed to serve as a powerful economic driver for the city of
"As a community deeply rooted in agriculture and innovation, we warmly welcome Solugen to
Solugen has initiated collaborations with local educational institutions and workforce development groups, including Marshall Public Schools, Minnesota West Community and Technical College, Southwest Minnesota State University (SMSU), Southwest Minnesota Private Industry Council, and Marshall Chamber of Commerce.
About Solugen
Solugen is a groundbreaking technology company on a bold mission to decarbonize the physical world. At the heart of our innovation is the world's first sustainable molecule factory”the Bioforge. This unique manufacturing platform uses a chemienzymatic process to convert plant-derived substances into essential materials that have historically been made from fossil fuels”all with no or low emissions and waste. A highly scalable and localized alternative to conventional approaches, the Bioforge enables us to produce a range of high-performance, cost-competitive, and sustainable solutions to meet the diverse needs of our customers.
For more information, visit www.solugen.com. For our press kit, visit www.solugen.com/press-kit.
About ADM
ADM unlocks the power of nature to enrich the quality of life. We're a premier global human and animal nutrition company, delivering solutions today with an eye to the future. We're blazing new trails in health and well-being as our scientists develop groundbreaking products to support healthier living. We're a cutting-edge innovator leading the way to a new future of plant-based consumer and industrial solutions to replace petroleum-based products. We're an unmatched agricultural supply chain manager and processor, providing food security by connecting local needs with global capabilities. And we're a leader in sustainability, scaling across entire value chains to help decarbonize our industry and safeguard our planet. From the seed of the idea to the outcome of the solution, we give customers an edge in solving the nutritional and sustainability challenges of today and tomorrow.
Learn more at www.adm.com.
Contacts
Solugen
media@solugentech.com
ADM
media@adm.com
Written By: Investing.com
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