“Attis is also evaluating the use of its lignin for the production of bio-based carbon fibre and adhesives. The Fulton site has the size and logistics capabilities to handle this commercial operation and was an ideal choice when evaluating potential sites for Attis’ operations.”
US innovation and technology company Attis Industries has completed its $20 million purchase of Sunoco’s 100-million-gallon-a-year corn ethanol plant and grain malting operation near Fulton, New York.
In a statement, Attis (@attisinnovation) said the Fulton ethanol plant will serve as the centrepiece of its proposed green tech campus and will be pivotal in the company’s expanding technology portfolio. The facility is expected to generate more than $150 million in revenue under its current operating conditions, Attis said.
The plant produces 100 million gallons of ethanol per year, 360 million pounds of CO2, 455 million pounds of DDGS for use in animal feed, 18 million pounds of distillers corn oil for use as a feedstock in biodiesel and animal feed, and 4 million pounds of malted grain.
Tapping into its already deep portfolio of proprietary bio-based process technologies, Attis will focus on by-product optimisation of the corn ethanol plant and the new production of advanced biofuels and bio-based products such as bioplastics and carbon fibre. Attis will also look to generate “green” power, thus reducing the overall carbon footprint of the Fulton campus and taking advantage of valuable carbon credits to increase the site’s profitability.
In a statement to Bio Market Insights, an Attis spokesman said: “The Fulton Ethanol plant and malt grain operations are located on more than 120 acres of property. Attis plans to expand the current operations to include its proprietary biomass processing technology that efficiently fractionates the cellulose and lignin from biomass.
“Attis unique melt-flowable form of lignin is being evaluated in numerous applications including blending with traditional plastics like PP, HDPE, etc. as well as bioplastics like PLA, PET, PBAT, etc. Attis is also evaluating the use of its lignin for the production of bio-based carbon fibre and adhesives. The Fulton site has the size and logistics capabilities to handle this commercial operation and was an ideal choice when evaluating potential sites for Attis’ operations.”
The spokesman also said that Attis’ “unique lignin” has the ability to provide multiple benefits in plastics applications.
He added: “Almost all plastics applications today are looking for ways to reduce their carbon footprint, save finished product costs, and maintain critical application performance. Attis lignin can accomplish all three depending on the application. By acting as a cost diluent and maintaining the required performance needed in the finished product, demand for the Attis lignin should expand quickly and even open up new markets that were not previously viable based on the premium cost of bioplastics.”
“Our recent acquisition of the Fulton, New York, corn ethanol plant from Sunoco was a milestone moment for Attis,” said Jeff Cosman, chairman and chief executive officer of Attis Industries. “Over the past 13 months Attis has eliminated over $100 million of debt associated with a $55 million revenue traditional solid waste company that continued to face headwinds in a very challenging competitive market. By eliminating the debt and focusing on building a company with advanced technology in renewable fuels and bio-based products, we have transformed this company to a leader in the green economy.”
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