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Re: WebSlinger post# 260469

Thursday, 05/11/2023 7:11:38 AM

Thursday, May 11, 2023 7:11:38 AM

Post# of 276075

is spiber even set up in the US yet?



Nothing to "set up", really.

In Iowa, Spiber America LLC, a subsidiary of Spiber Inc., will combine its technology with ADM’s infrastructure and expertise. The two companies have partnered to modify and expand equipment at ADM’s bioprocessing biorefinery in Clinton. An economic development incentive package approved by the IEDA board helped ensure the Clinton location would become the first U.S. facility to produce Spiber’s protein polymers. The incentive package includes direct assistance in the amount of $1 million through the High Quality Jobs (HQJ) Program. The HQJ forgivable loan hinges on performance, and the company will receive the award when contract obligations have been met. This project represents a $101.4 million capital investment.

"Iowa has a deep understanding of the positive impact potential of projects like ours and has created an environment that is conducive to success,” said Daniel Meyer, president of Spiber America. “This award will enable Spiber to accelerate its investment in the equipment and infrastructure used to convert corn-based dextrose into alternative proteins for use as next-generation biomaterials across many industries. We are thrilled to bring our production to Clinton.”



and..
September 12, 2022

In 2020, Spiber and ADM announced a partnership to build a manufacturing facility in Clinton, Iowa, USA and are currently preparing to start production that would utilize ADM’s large-scale microbial fermentation capacity and expertise to convert corn-based dextrose into Brewed Protein polymers. Today, we are pleased to announce that we are committed to doing more to scale up the environmental benefits of our partnership—which is why we have signed a new agreement to jointly support the adoption of regenerative farming practices among ADM’s network of growers that supply corn in and around Clinton.



This will be met with disregard and word salad defense mechanisms.
Oh well.
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