Sustainea Plans $400M Investment in Indiana, Advancing Agbiosciences & Circular Economy
10 Oct 2024
News
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.”