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$360M Cargill-Backed Corn Plant in Iowa Makes Eco Spandex Element for Athleisure Wear

EDDYVILLE, IOWA, JUL 22 – The $360 million Qore plant will produce 66,000 metric tons annually of QIRA, a bio-based chemical replacing fossil fuels in spandex and other consumer products, supporting local corn demand.

  • On July 22, 2025, Qore’s Eddyville plant started QIRA production, turning corn into a renewable spandex building block.
  • Qore, formed as a Cargill-HELM AG joint venture in 2021, responds to sustainability and consumer demand while using local corn to produce QIRA.
  • The Eddyville plant's 66,000 metric ton capacity highlights its scale, demanding 100 million bushels of corn annually, and Lycra plans to halve the fiber’s carbon footprint.
  • Rep. Hans Wilz said the expansion highlights the plant’s broader impact on jobs, sustainability and cleaner clothing, while Wilz noted the plant has a bigger footprint than most realize.
  • Next year, QIRA will begin reaching international markets, and the company plans to export it to other countries.
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New bio-industrial plant opens in Eddyville

·Cedar Rapids, United States
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Albert Lea Tribune broke the news in on Monday, July 21, 2025.
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