Citroniq Chemicals, a leading producer of carbon-negative materials, has successfully closed a $12 million Series A funding round. This investment will drive the development and construction of Citroniq’s first plant in Nebraska, aiming to create the world’s largest decarbonization platform for the plastics industry.
Citroniq Chemicals LLC, a leader in carbon-negative materials, has secured $12 million in Series A funding led by a multinational energy technology company and Lummus Technology Ventures. This investment will accelerate the construction of Citroniq’s first plant in Nebraska, which will produce bio-polypropylene, capturing and avoiding 2 million metric tons of greenhouse gas emissions annually.
