In a groundbreaking move toward sustainable practices, AgroRenew LLC, a bioplastics startup headquartered in Knox County, Tennessee, has unveiled ambitious plans for an $83 million plant. This eco-friendly initiative aims to address the challenges posed by food waste from watermelon, cantaloupe, and pumpkin farms, ultimately creating a circular economy model.
The brainchild of Brian Southern, the founder of AgroRenew, this innovative project stems from collaborative discussions with local farmers. The focus is on repurposing excess harvests that don’t meet market demands or quality standards. Through these conversations, it was discovered that certain chemical elements within watermelon could be harnessed to produce biodegradable plastic resin, opening the door to a sustainable solution for agricultural waste.
The 200,000-square-foot facility, slated to begin construction in early 2024, represents a significant stride towards a circular economy. AgroRenew plans to work closely with farmers during the winter months, utilizing cover crops that meet the chemical property requirements for bioplastic production. The facility’s first phase will cover 102,000 square feet, capable of processing around 100 million pounds of food waste annually, resulting in approximately 150,000 tons of bioplastic.
Upon achieving optimal functionality in the initial phase, AgroRenew intends to expand with an additional 92,000 square feet of manufacturing space. The comprehensive approach involves funding from AgroRenew’s own investments, private equity contributions, and partnerships with customer entities. Additionally, the startup has entered into a collaboration with Vincennes University to establish a skilled trade certification program, ensuring that every employee is equipped with the necessary expertise.
The company’s vision extends beyond the immediate project, with plans to set up a Bioplastics Innovation Center dedicated to research and development. The innovative approach adopted by AgroRenew not only addresses the environmental challenges associated with agricultural waste but also contributes to economic growth and job creation.
The multifaceted benefits of the project include the creation of approximately 250 jobs, injecting vitality into the local economy. AgroRenew’s commitment to environmental responsibility is reflected in its choice of raw materials, utilizing biomaterials found in the respective regions. The startup envisions replicating its success by establishing similar facilities in other parts of the country, with Georgia, Florida, and Texas identified as potential locations.
While AgroRenew’s venture holds immense promise for sustainable practices, it is not without challenges. Finding skilled talent to operate the facility poses a significant hurdle. To address this, the startup has proactively partnered with a local university to develop a skills program, ensuring a trained and proficient workforce.
AgroRenew’s $83 million plant signifies a paradigm shift in waste management within the agricultural sector. By harnessing the untapped potential of food waste, the startup not only tackles environmental concerns but also pioneers a business model that aligns with the principles of a circular economy. As the project unfolds, it is expected to serve as a beacon for future endeavors seeking to blend innovation, sustainability, and economic growth. AgroRenew’s commitment to responsible practices stands as a testament to the transformative power of aligning business goals with environmental stewardship.