FiberX
FiberX converts Indiana corn stover into FBX Fiber microfibers for biocomposite plastics and FBX Lignin for bio-based resins, coatings, and adhesives, selling B2B to plastics manufacturers, compounders, and chemical/materials companies.
- Company typePrivate
- Founded2022
- HeadquartersHammond, United States
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
What FiberX does
FiberX Products, Inc. is a privately held, venture-backed Indiana corporation (Merrillville, IN) that upcycles corn stover—the stalks, leaves, cobs, and husks left after harvest—into two industrial product lines: FBX Fiber, microfibers (down to 125 microns) used as functional fillers in plastic compounds where they can reportedly double strength, improve rigidity by ~50%, and replace up to 50% of petroleum-based PP, PE, PHA, and PLA; and FBX Lignin, a tunable lignin extracted via Reductive Catalytic Fractionation (RCF) for use in resins, coatings, adhesives, and specialty chemicals. The integrated platform also yields clean cellulose and hemicellulose as co-products. Core processing is built on a Purdue University-licensed RCF technology and a proprietary Super Critical Vapor Explosion (SCVE) extraction step, executed at an industrial-scale Merrillville facility processing 8,000 pounds of corn stover per hour, supported by an automated line that increased production efficiency by over 40%.
FiberX firmographics
Firmographics- Name
- FiberX
- Legal name
- FiberX Products, Inc.
- Website
- https://fiberxproducts.com
- Company type
- Private
- Founded year
- 2022
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- FiberX converts Indiana corn stover into FBX Fiber microfibers for biocomposite plastics and FBX Lignin for bio-based resins, coatings, and adhesives, selling B2B to plastics manufacturers, compounders, and chemical/materials companies.
- Ownership category
- akta.pro rank
FiberX industry classification
Industry- Product category
- Bio-industrial materials
- NAICS
- Pulp Mills (322110), Artificial and Synthetic Fibers and Filaments Manufacturing (32522)
- SIC
- Pulp Mills (2611)
- akta.pro primary industry
- Cellulose-Based Biodegradable Materials (cellulose films, fibers, derivatives) (IMAEAOAE)
- akta.pro secondary industries
- Wood Chipping, Residue Processing & Biomass Feedstock (IMAMABAG), Cellulosic Biofuels & Renewable Fuels (2G ethanol, SAF intermediates) (IMAMALAA)
Keywords
Where FiberX is headquartered
LocationHeadquarters
- HQ city
- Hammond
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
FiberX business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- FBX Fiber Sales: Sale of corn stover-derived microfibers for use in biocomposite plastics. These fibers can replace up to 50% of petroleum-based polypropylene in plastic components while increasing strength and reducing costs. Sold directly to plastic manufacturers and compounders.
- FBX Lignin Sales: Sale of tunable lignin bio-oil for use in industrial resins, coatings, adhesives, and specialty chemicals. Developed in partnership with Purdue University using proprietary RCF technology.
- Lignin Biorefinery Platform: Integrated platform producing clean cellulose for industrial applications and hemicellulose for specialty products as valuable co-products from corn stover processing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | B2B industrial sales - quote-based pricing |
Go-to-market motion2 records
Distribution channels1 record
Marketing channels5 records
FiberX product offering
Product offeringCore offering
FiberX transforms corn stover (agricultural residue from corn harvesting) into two primary industrial product lines: FBX Fiber microfibers used as functional fillers in biocomposite plastics (replacing up to 50% of petroleum-based polymers in PP, PE, PHA, and PLA compounds) and FBX Lignin, a tunable lignin bio-oil for industrial resins, coatings, adhesives, and specialty chemicals. The company operates an industrial-scale automated processing facility in Merrillville, Indiana processing 8,000 pounds of corn stover per hour, with technology developed in partnership with Purdue University.
Product overview
FiberX operates as a dual-platform company transforming corn stover into industrial materials. The company's product portfolio centers on two core offerings: FBX Fiber (corn stover microfibers for biocomposite plastics) and FBX Lignin (tunable lignin for resins, coatings, and adhesives). Both products are derived from the same corn stover feedstock through different processing technologies, creating multiple revenue streams from agricultural residue.
Differentiator
Problem solved
Functional benefit
Brands
- FBX Fiber: Corn stover-derived microfibers that enhance plastic compound performance, doubling strength and improving rigidity by approximately 50% in PP, PE, PHA, and PLA compounds
- FBX Lignin
Products and services
- FBX Fiber Corn stover-derived microfibers (as small as 125 microns) sold as functional fillers to plastic manufacturers and compounders, capable of doubling strength and improving rigidity by approximately 50% in PP, PE, PHA, and PLA compounds while reducing costs and petroleum content.
- FBX Lignin Tunable lignin extracted from corn stover via Reductive Catalytic Fractionation (RCF), sold as a sustainable feedstock to industrial resin, coating, adhesive, and specialty chemical manufacturers, with adjustable aromatic compound ratios and lignin-based epoxies achieving up to 80% bio-based content.
- Biocomposite Plastics Corn stover microfibers combined with synthetic and bio-plastic polymers (polypropylene, polyethylene, PHA, PLA) to create biocomposite plastics with enhanced strength, rigidity, and reduced polymer shrinkage at up to 50% replacement of petroleum-based polymers.
Quantifiable outcome
- FBX Fiber can double strength and improve rigidity by approximately 50% in PP, PE, PHA, and PLA compounds
- +5 more outcomes
Companies that use FiberX
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
FiberX technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
FiberX partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights7 records
FiberX competitors and assessment
Company assessmentDirect peers
- Bloom Biorenewables: Swiss developer of lignin-to-polymers technology producing bio-based alternatives to petrochemical resins and coatings. Directly comparable to FiberX's tunable-lignin RCF platform serving chemicals and materials customers.
- Renmatix: US-based biomass conversion company using proprietary supercritical hydrolysis to produce cellulosic sugars and bio-based intermediates for plastics and chemicals. Comparable to FiberX in converting agricultural residue into industrial feedstocks.
- Origin Materials: Public US company converting biomass feedstocks (including agricultural residues) into bio-based monomers and specialty chemicals for packaging and chemicals customers. Closely comparable business model of biomass-to-industrial-feedstock.
- Anellotech: US biomass-to-chemicals developer using catalytic fast pyrolysis to convert non-food biomass into aromatic hydrocarbons and specialty chemicals, overlapping with FiberX's lignin-to-aromatic-chemicals value proposition.
- Spero Renewables: US specialty chemicals company developing bio-based replacements for petroleum-derived ingredients used in flavors, fragrances, and polymers. Comparable as a biomass-to-industrial-materials startup pursuing similar bio-replacement applications.
Broad incumbents
- Borregaard: Global leader in lignin-based biorefining with commercial operations across specialty chemicals and bio-based materials. The dominant incumbent against which FiberX's tunable lignin platform must compete; Greg Schmitt's prior employer.
- UPM Biochemicals: Division of UPM-Kymmene producing bio-based monoethylene glycol, lignin, and renewable functional fillers from kraft pulp process residuals. Comparable broad incumbent offering lignin-derived industrial materials.
- Stora Enso: Global pulp and paper major with a commercial lignin product line (Lineo) targeting bio-based phenol replacement in resins and adhesives. Competes head-on with FiberX's tunable lignin in the resins/coatings TAM.
- Kraton Corporation: Specialty polymer producer (acquired by DL Chemical) with bio-based and pine-chemical feedstocks serving adhesives, coatings, and performance materials. Comparable broad incumbent supplying specialty industrial chemicals from renewable feedstocks.
Emerging players
- Lignin Industries: Swedish startup developing lignin-based thermoset resins and coatings as sustainable alternatives to fossil-based phenolics. Comparable as an emerging lignin-to-materials company targeting overlapping coatings and resins customers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat7 records
Key risks6 records
Key highlights7 records
Customer concentration
FiberX financial estimates
Financial estimateRevenue estimate
Valuation estimate
FiberX leadership team
Management profileNumber of profiles
Profiles6 records
FiberX funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
FiberX M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about FiberX
What does FiberX do?
FiberX transforms corn stover (agricultural residue from corn harvesting) into two primary industrial product lines: FBX Fiber microfibers used as functional fillers in biocomposite plastics (replacing up to 50% of petroleum-based polymers in PP, PE, PHA, and PLA compounds) and FBX Lignin, a tunable lignin bio-oil for industrial resins, coatings, adhesives, and specialty chemicals. The company operates an industrial-scale automated processing facility in Merrillville, Indiana processing 8,000 pounds of corn stover per hour, with technology developed in partnership with Purdue University.
Is FiberX a public or private company?
FiberX is a private company. It is classified as venture growth investor backed and is currently operating.
When was FiberX founded?
FiberX was founded in 2022. It employs 1 to 10 people.
Where is FiberX based?
FiberX is headquartered in Hammond, United States, in the North America region.
How does FiberX make money?
Three revenue lines are on record. FBX Fiber Sales are the primary driver. The others are FBX Lignin Sales and lignin Biorefinery Platform.
Who are FiberX's main competitors?
Direct peers on record are Bloom Biorenewables, Renmatix, Origin Materials, Anellotech and Spero Renewables. Broad incumbents are Borregaard, UPM Biochemicals, Stora Enso and Kraton Corporation. Lignin Industries is listed as an emerging player.
Does FiberX have an API?
No public API is recorded for FiberX.
What industry is FiberX in?
FiberX's product category is Bio-industrial materials. Its primary akta.pro industry code is IMAEAOAE, Cellulose-Based Biodegradable Materials (cellulose films, fibers, derivatives), with a secondary code of IMAMABAG, Wood Chipping, Residue Processing & Biomass Feedstock. Its NAICS code is 322110 and its SIC code is 2611.