Dennis Carson, economic development director, presented Resolution 2025-17 to designate a parcel as an Economic Revitalization Area for Sustania Bioglycols’ proposed bio‑MEG (monoethylene glycol) production facility. Company and commerce representatives described the project and the anticipated economic impacts.

Patrick Hanlon, representing Sustania Bioglycols, said the company selected Lafayette after a multi‑year site search and proposes a phased investment that Hanlon described as totaling roughly $430 million: approximately $63 million in “soft costs,” about $207 million in machinery and equipment, and about $159 million in real‑estate investment. He said operations would target 95 full‑time employees initially and could grow to 191, with an average wage cited by the company of about $96,000 per year and company‑paid benefits.

Colin Huffines of Greater Lafayette Commerce said the personal property abatement and confirmatory resolutions will follow and called the project a multi‑year opportunity for construction jobs and permanent higher‑wage employment. The mayor and council members welcomed the project, noting its co‑location near Premiant and reduced carbon profile compared with fossil‑based MEG production.

Council voted to adopt the resolution and set a public hearing for November; the Redevelopment Commission reviewed the application and recommended moving forward. Staff said the personal‑property abatement and final confirmatory action will come later in the process once project details are finalized.