In February 2017, we announced Meridian Innovations LLC, a wholly-owned subsidiary of Meridian Waste Solutions.
While our core business is centered on residential and commercial waste collection and disposal, we are also inspired by our fundamental objective to seek more effective and sustainable material production technologies through innovation.
Meridian Innovations was created with a purpose of investing in advanced byproduct recovery technologies and, in some cases, acquiring certain downstream production assets, which could further capitalize on the value these recovered materials generate.
What is lignin?
Our initial efforts are focused on a one of the most researched natural materials on earth. Lignin is a byproduct of pulp and paper processing used as a feedstock in the production of high performance, low cost biobased plastics. Currently incinerated on-site for power generation purposes, the energy value of these materials is less than 3 cents per pound.
If the lignin is extracted from the byproduct stream prior to incineration, then the lignin can be used as a highly valuable green chemical for the production of high performance green plastics or even for the production of low-cost green transportation fuels such as gasoline or diesel.