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Back to articles
May 06, 2026
•Jesse LandryJesse Landry

Trillium Renewable Chemicals Raises $13M in Series B to Scale Bio-Based Acrylonitrile Production

Trillium Renewable Chemicals just secured $13M in Series B funding, and the signal isn’t subtle if you understand how hard it is to move molecules at scale without breaking everything downstream. Out of Knoxville, Tennessee, Corey Tyree, CEO, has been playing a long game most folks don’t have the patience or technical backbone to even understand. This isn’t software pretending to be deep tech. This is molecules, heat, pressure, and the kind of industrial grit that doesn’t trend on social but quietly runs the world. Acrylonitrile sits inside everything from carbon fiber to ABS plastics, the bones of modern manufacturing. For decades, it’s been married to fossil fuels. Trillium looked at that relationship and said, we can do better without breaking the system.

That confidence doesn’t come from slides, it comes from people who’ve lived in the process. Patrick Hoogendijk, CFO, keeping the financial spine tight while scale gets real. Dennis Jewell, Chief Process Engineer, translating theory into throughput. Anthony Martinez, Project Manager, turning timelines into something you can actually measure. And behind the curtain, the kind of operators who don’t need applause but deserve it anyway. Chance Hostetler, Principal Process Engineer, Shawn Wilkinson, Lead Process Chemist, Butch Dempsey, Commissioning Engineer, and Md Fakhruddin Patwary, Catalyst Engineer. That’s not a roster, that’s a system.

Then you’ve got the commercial angle, where science meets reality. Simon Neudeck, Commercial Advisor, bridging decades of chemical distribution experience into something the market can actually adopt. Because a better molecule doesn’t matter if nobody buys it. Trillium clearly understands that.

HS Hyosung Advanced Materials stepped in to lead this round, with Capricorn Partners doubling down. Not casual capital. Calculated conviction. These firms don’t just fund ideas, they fund inevitabilities. And when names like INEOS and HELM AG are already in the orbit, you start to see the architecture forming.

Project Falcon, planted inside INEOS Nitriles’ Green Lake facility in Port Lavaca, is where this all stops being a conversation and starts becoming infrastructure. Commissioning in Q2 2026, shipments expected later this year. No drama, just execution.

Board-level alignment tells the same story. Erik C. Scher, Harry Ledebur, Young-Joon Lee, Norbert Baum, Wouter van de Putte. Different backgrounds, same signal. This isn’t a science project. It’s a market play with teeth. Because when you can swap out fossil inputs for plant-based ones and nobody downstream has to blink, you’re not asking for permission. You’re building momentum the industry eventually has to follow.

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Trillium Renewable Chemicals

Trillium Renewable Chemicals

Bio-based acrylonitrile production replacing fossil-fuel-derived inputs for carbon fiber, ABS plastics, and other industrial materials

  • Knoxville, Tennessee
Website

Key Executives

  • Corey Tyree (CEO)
  • Patrick Hoogendijk (CFO)
+7 more (coming soon)

Investors

HS Hyosung Advanced Materials

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