{"id":134710,"date":"2023-11-20T07:20:00","date_gmt":"2023-11-20T06:20:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=134710"},"modified":"2023-11-15T14:13:43","modified_gmt":"2023-11-15T13:13:43","slug":"bioplastics-plant-startup-to-invest-83m-in-knox-county","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/bioplastics-plant-startup-to-invest-83m-in-knox-county\/","title":{"rendered":"Bioplastics Plant Startup to Invest $83M in Knox County"},"content":{"rendered":"\n\n\n<p>Today, Mayor Joe Yochum joined officials from The Pantheon and the Knox County Indiana Economic Development Corporation to announce the launch of AgroRenew LLC, a processing facility that will repurpose food waste from Knox County\u2019s thriving watermelon, cantaloupe, and pumpkin industry into eco-friendly bioplastics.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"450\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1.png\" alt=\"\" class=\"wp-image-134735\" style=\"aspect-ratio:1.7777777777777777;width:260px;height:auto\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1.png 800w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1-300x169.png 300w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1-150x84.png 150w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1-768x432.png 768w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/11\/agrorenew-news-800x450-1-400x225.png 400w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/figure><\/div>\n\n\n<p>With plans to break ground in early 2024, the company has secured land in Knox County\u2019s Industrial Park at the intersection of US 41 and Elkorn Road. AgroRenew plans to invest $83 million by 2026 to build out the facility in 4 phases. Once all phases are completed, the 196,000 sq. ft. facility will span 20 acres and employ nearly 250 people.<\/p>\n\n\n\n<p>Six months ago, Brian Southern \u2013 a business advisor and successful entrepreneur \u2013 was introduced to local farmers and agricultural leaders by Nichole Like, CEO at The Pantheon business incubator and co-working space. From those conversations, he learned about Knox County\u2019s illustrious reputation as one of the nation\u2019s primary watermelon production hubs, and the substantial amounts of organic waste generated annually. AgroRenew\u2019s innovative bioplastics manufacturing plant will harness this local resource, ingeniously transforming watermelon waste into biodegradable and sustainable bioplastics. This pioneering endeavor aligns seamlessly with AgroRenew\u2019s mission to reduce the environmental impact of plastic production and create a circular economy model.<\/p>\n\n\n\n<p>\u201cOur journey from concept to realization has been a remarkable testament to the power of innovation and collaboration at The Pantheon. With our cutting-edge processing plant, we aim to not only redefine the plastics industry but also contribute significantly to the local economy while prioritizing environmental sustainability,\u201d says Southern.<\/p>\n\n\n\n<p>AgroRenew\u2019s initial target crops are watermelon, cantaloupe, and pumpkin waste, totaling 100 million pounds per season. Broken down into 4 phases, the processing facility will span 5 acres to complete Phase I with a need for a total 20 acres for projected growth. At a later date, the company plans to establish a Bioplastics Innovation Center next to the processing facility. This 16,000 sq. ft. research facility will sit on 21 acres of experimental crop development; AgroRenew expects to hire an additional 22 science and engineering jobs.<\/p>\n\n\n\n<p>\u201cThe establishment of AgroRenew\u2019s bioplastics manufacturing plant is expected to generate numerous benefits for Knox County and its residents, including the creation of new job opportunities, economic growth, and reduced environmental impact,\u201d says Chris Pfaff, CEO of the Knox County Indiana Economic Development. \u201cAs the company prepares to break ground and commence construction, anticipation is building for the positive transformation that this venture will bring to the region \u2013 jobs, growth, and inspiration for future startups at The Pantheon.\u201d<\/p>\n\n\n\n<p>The Pantheon business incubator and innovation theatre is a renovated 1920s-styletheatre with over 15,000 sq. ft. of working space located in the heart of downtown Vincennes. The facility includes open working spaces, private offices, conference rooms, a kitchen, and event space.<br><br>\u201cThe Pantheon offers no-cost business advising services to the public for a variety of business needs \u2013 startup ideation and de-risking, training and referrals, legal help, funding, certifications, pitch competitions, and a library of cultivated tools to help small businesses thrive in Knox County,\u201d says Nichole Like, CEO at The Pantheon.<\/p>\n\n\n\n<p>\u201cThe Pantheon deserves 100% of the credit. If it weren\u2019t for the connections I made while networking with locals and the reliable support given from their leaders, myidea wouldn\u2019t have had the resources to flourish to what it is today,\u201d says Katie Southern, AgroRenew\u2019s Chief Science Officer. \u201cThe many partnerships we\u2019ve formed and collaborations made to ensure prosperous economic growth, we owe to The Pantheon.\u201d<\/p>\n\n\n\n<p>AgroRenew is actively collaborating with local authorities, environmental organizations, and community stakeholders to ensure a seamless and sustainable integration of their bioplastics manufacturing facility. The company is committed to adhering to the highest environmental standards, fostering a sense of responsibility towards the local ecosystem and global environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, Mayor Joe Yochum joined officials from The Pantheon and the Knox County Indiana Economic Development Corporation to announce the launch of AgroRenew LLC, a processing facility that will repurpose food waste from Knox County\u2019s thriving watermelon, cantaloupe, and pumpkin industry into eco-friendly bioplastics. With plans to break ground in early 2024, the company has [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"Turning waste into profit: AgroRenew announces $83M investment in Knox County for a processing facility that will repurpose food waste from the thriving watermelon, cantaloupe, and pumpkin industry into bioplastics","footnotes":""},"categories":[5572],"tags":[11270,5838,5847,13818,5528],"supplier":[23033,23034],"class_list":["post-134710","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biodegradability","tag-bioeconomy","tag-bioplastics","tag-foodwaste","tag-sustainability","supplier-knox-county-indiana-economic-development-corporation","supplier-pantheon-co-working-theatre-indiana"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/134710","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=134710"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/134710\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=134710"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=134710"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=134710"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=134710"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}