podcast.agrinovusindiana.com
From volatile markets to high input costs, farmers are facing a number of challenges that could be offset by additional markets and revenue streams. Today, we're joined by Fiber X CEO Dave Skibinski who's working to give producers exactly that: a new opportunity rooted in the growing demand for natural fiber. Fresh off of a big win at TechPoint’s Mira Awards, Dave shares how FiberX is helping farmers diversify their operations and how agricultural byproducts are enabling the future of the bioeconomy. Highlights include: The work FiberX leads and who they serve through their work in a growing bioeconomy How their team chose the approach to leverage ag byproducts like corn stover to make bioindustrial resins and biocomposite plastics rather than other approaches FiberX’s differentiation from traditional petroleum-based plastics – both in terms of performance and sustainability Why they chose corn stover as the right feedstock for FiberX New applications or industries showing the strongest demand for biocomposite materials in this rapidly growing bioeconomy; and how these companies have evolved over time Performance metrics that industrial customers care most about and how FiberX is delivering on those benchmarks Barriers their team has faced getting manufacturers to adopt bio-based materials and how they tackle objection The FiberX // farmer relationship and how they execute that side; how their business model benefits them in terms of a new market unlock, additional revenue stream and more How the farmer relationship, alongside the manufacturer, creates a circular economy – and what that means The role of partnerships within the Indiana agbioscience ecosystem to grow and scale their technology Winning the Agbioscience Innovator Award at TechPoint’s Mira Awards and how that honor validated the company’s work and its trajectory Breakthroughs and milestones Dave believes will define the future of bioindustrial materials over the next decade
