Viridis Chemical Named as a Finalist in the 2023 Platts Global Energy Award

The award honors chemical companies solving problems and providing solutions that increase sustainability and benefit the environment.

Houston, TX, — October 3, 2023 — Viridis Chemical, a pioneering manufacturer of renewable, biobased, low-carbon chemicals, is proud to announce its nomination as a finalist for the esteemed 2023 Platts Global Energy Award in the Sustainable Chemicals – Best Product Category. This recognition underlines the company’s unwavering dedication to creating environmentally conscious solutions, pushing the envelope with products designed for sustainability.

“At the heart of our mission lies a commitment to providing products that not only serve the industry but also benefit our environment,” said Carl V Rush, Jr., CEO and co-founder of Viridis Chemical. “Leveraging our unique catalytic process, we have successfully introduced high-quality, large-scale ethyl acetate (ETAC) to diverse sectors, all while maintaining a carbon footprint significantly lower than traditional fossil fuel-derived alternatives.”

Since its inception in February 2021, Viridis Chemical has experienced a meteoric rise from a startup to a global player in manufacturing 100% biobased, low-carbon ethyl acetate. By March 2022, the company proudly dispatched its inaugural railcar shipment of biobased ETAC from its state-of-the-art facility in Columbus, Nebraska, witnessing an upward trajectory in sales across North America and Europe.

The international reach of Viridis’s 100% biobased ETAC is amplified through a strategic partnership with HELM AG, a global behemoth in the chemical distribution realm. This alliance has unlocked doors to a global sales platform, positioning Viridis’s low-carbon ETAC as a trailblazer in sectors ranging from paints to pharmaceuticals.

In addition to this prestigious nomination, Viridis Chemical’s commitment to sustainability is evidenced by its attainment of the International Sustainability & Carbon Certification PLUS (ISCC PLUS) for its Nebraska-based manufacturing hub. This certification stands as a testament to the company’s dedication to upholding rigorous sustainability standards, further cementing Viridis’s reputation in the industry.

Endorsed by the USDA’s BioPreferred® Program, Viridis’s ethyl acetate breaks away from traditional fossil fuel-dependent manufacturing, reinforcing its eco-friendly credentials. This journey of innovation and sustainability recently earned Viridis the Independent Commodity Intelligence Services (ICIS) 2023 Product Innovation Award in the Small and Medium-sized Business category.

As Viridis Chemical continues its onward journey, such accolades serve as a constant reminder of its core ethos: to champion a brighter, more sustainable future for the chemical sector.

About Viridis Chemical

Headquartered in Houston, Texas, Viridis Chemical, LLC, is a world-class manufacturer of renewable, biobased, low-carbon chemicals and the only industrial-scale manufacturer of 100 percent biobased ethyl acetate in North America. Viridis is committed to the safe, environmentally sound, and economically viable conversion of bio-ethanol into circular, sustainable products previously derived from fossil fuel-based resources. Viridis is a member of the American Chemistry Council (ACC), holds International Sustainability & Carbon PLUS Certification (ISCC PLUS) for its manufacturing facility in Columbus, Nebraska, and has a USDA-certified, biobased product meeting all requirements under the USDA BioPreferred® program. For more information, please visit www.viridischemical.com.

About Helm AG

HELM is a Hamburg, Germany-based family-owned company established in 1900. HELM is one of the world’s largest chemicals marketing companies and is committed to providing solutions to its partners that support a successful transformation to a sustainable economy and society. The company secures access to the world’s key markets through its specific regional knowledge and its multinational presence in more than 30 countries. As a multifunctional marketing organization, HELM is active in the chemicals industry, in the agricultural industry, in energy materials, and in pharmaceuticals, generating global revenues of EUR 8 billion per year. Learn more at www.helmag.com.

Download Our Brochure

Learn more about our specialized sector expertise, our investment approach, and spotlighted transactions.