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New Agreement between Solvay and Trillium Renewable Chemicals January 17 2022

2022 Lucintel Composites Market Insights, January 17, 2022

Solvay and Trillium Renewable Chemicals have signed a letter of intent to develop the supply chain for bio-based acrylonitrile (bio-ACN). Trillium will supply Solvay with bio-ACN from Trillium’s planned commercial asset, and Solvay will evaluate bio-ACN for carbon fiber manufacturing as part of its long-term commitment to developing sustainable solutions from bio-based or recycled sources. The aim of this partnership is to produce carbon fiber for use in various applications such as aerospace, automotive, energy, and consumer goods.
“Trillium’s bio-ACN process technology enables bio-carbon fiber,” explains Corey Tyree, CEO of Trillium. “We are excited to continue our partnership with Solvay, who have supported the bio-ACN process technology development since 2014. Solvay is a leader in the most rapidly-growing acrylonitrile segment (carbon fiber) and are market leaders in bio-carbon fiber and sustainable development.”

For identifying opportunities and competitive analysis of the Carbon Fiber Market, please visit
https://www.lucintel.com/carbon-fiber-market.aspx