Stainless Steel World Magazine June 2026 | Page 7

[ Special Focus ]

[ Special Focus ]

Trillium raises USD 13M Series B financing round
The facility has an annual production capacity of approximately 75,000 metric tons of Ingeo biopolymer and is designed to produce the full portfolio of Ingeo grades.
Mubadala and Tubacex launch TBX Nexxia in Abu Dhabi
Trillium Renewable Chemicals( Trillium), a bio-based chemical manufacturer, has raised a USD 13M Series B financing round. The financing was led by HS Hyosung Advanced Materials with participation from Capricorn Partners. Trillium selected INEOS Nitriles’ Green Lake facility to host the world’ s first demonstration plant( Project Falcon) for the manufacture of 100 % bio-based acrylonitrile. Construction of Project Falcon is complete, marking the first industrialscale deployment of Trillium’ s technology. Commissioning is scheduled for Q2 of 2026, with product shipments to follow later this year. Following Falcon’ s commissioning, Trillium will advance engineering and development of its first commercialscale manufacturing plant.
NatureWorks opens Ingeo™ biopolymer facility
Mubadala investment Company, an Abu Dhabi Sovereign Investor, and Tubacex Group has announced the full operational launch of their joint venture in Abu Dhabi, marking the activation of the first regional manufacturing platform dedicated to advanced Oil Country Tubular Goods( OCTG) solutions, including the official activation of TBX Nexxia, the new brand representing Tubacex’ s corrosion-resistant alloy( CRA) OCTG value proposition, delivered through an end-to-end industrial platform. Operating under the TBX Nexxia identity, the Abu Dhabi facility is fully operational and represents the first platform of its kind in the Middle East focused on advanced corrosion-resistant alloy( CRA) tubular solutions used in complex energy infrastructure. Located in Abu Dhabi, ICAD, it brings critical manufacturing capabilities closer to regional demand, helping ensure a more reliable and secure supply chain for essential energy projects. The UAE facility is complemented by the mills in Spain and Brazil, confirming TBX Nexxia as a global end-to-end solution provider, from advanced materials design and tubular manufacturing to finishing, threading and technical support.
Gpi Tanks XL: stainless tanks for SkyNRG
NatureWorks, a major manufacturer of polylactic acid( PLA) biopolymers made from renewable resources, has announced the grand opening of its new fully integrated Ingeo™ biopolymer manufacturing facility in Nakhon Sawan, Thailand. The new site brings together lactic acid production derived from locally sourced sugarcane, lactide monomer production, and polymer manufacturing in a single, fully integrated complex. The facility represents a significant milestone for both NatureWorks and the broader biopolymers industry. This expansion underscores NatureWorks’ commitment to meeting growing global demand for sustainable, low-carbon materials across packaging, fibre, and consumer applications.
Gpi Tanks XL has been selected by Technip Energies to construct 22 stainless steel storage tanks for the SkyNRG project in Delfzijl. In this project, a sustainable aviation fuel( SAF) plant is being developed, and both parties have now signed a contract. The facility represents an important step in the decarbonization of the aviation industry. The plant at Chemie Park Delfzijl( NL) is expected to start production in 2028, producing approximately 100,000 tons of sustainable aviation fuel per year. The fuel is made from waste and residual streams, such as used cooking oil, and can reduce
CO 2 emissions by up to 80 % compared to fossil alternatives.
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