Solugen has recently celebrated its ‘ golden month ’. This milestone recognizes how its first commercial plant has run for 1000 hours at over 1500 kgs per hour , with an average of 94 percent yield of product from feedstock . “ This is so exciting , and it proves that we can grow even further . Currently , we are looking into long-term debt financing to build out an asset fleet , which will help us reach more customers ,” he expresses .
When it comes to chemistry and biology , nature has years of experience , and it ’ s from here that Sean and Gaurab draw their inspiration to innovate sustainable manufacturing . Unfortunately , this isn ’ t always an easy task , and takes a large amount of finance to get off the ground . Sean believes the secret is bridging the gap between equity and debt financing to make the process more accessible to other businesses . “ They are two completely different worlds .
An incumbent chemical plant can have an incredibly expensive CapEx . I still see a huge bias towards building through the traditional way because it ’ s considered low risk . Our process is more efficient , even though it is still risky . We are fairly advanced in terms of our journey , but we are going to ramp up the efforts regarding our scalability so that everyone has access to this technology .”
Sustainable operations
The company ’ s approach to making the manufacturing industry more sustainable is a holistic one that begins with the feedstock . “ Today , we use regenerative agriculture , but in the future , we are looking at cellular feedstock to help with industrial emissions .” But is there more that can be done ? Sean ’ s answer is ‘ absolutely ’. From his experience , the US government is grappling with policy to improve ways in which manufacturers
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