Primient and Synonym Partner to Accelerate Bioproduct Innovation

Author

Slice of Manufacturing Team
August 06, 2024

Key Highlights:

  • Primient and Synonym partner to fast-track bioproducts.

  • Jim Stutelberg: "We’re one of the originals in this space."

  • iPROOF project to enhance fermentation capacity in Decatur, IL.

Source (Business Wire)

Notable Quotes:

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"We’re one of the originals in this space. We understand the potential of biobased products and solutions and have the proven experience to back it up at scale."

Jim Stutelberg, Chief Executive Officer at Primient
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"By combining our expertise in development and financing with Primient’s manufacturing excellence and scale, we are enabling customers to transition seamlessly from concept to commercialization."

Edward Shenderovich, Chief Executive Officer at Synonym

Our Take:

The strategic partnership between Primient and Synonym represents a significant advancement in the bioproduct sector. By leveraging their combined expertise and assets, these industry leaders are poised to accelerate the development and commercialization of next-generation bioproducts. This collaboration not only promises to enhance the U.S.’s competitive edge in biomaterials but also underscores the critical role of innovative infrastructure in scaling sustainable solutions. The iPROOF project, supported by a substantial grant, will provide essential resources to companies at the forefront of biomanufacturing, fostering a more sustainable and technologically advanced future.