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LG Chem builds bioplastics plant in the United States

 Last Update: 2022-09-06
 Source: Internet
 Author: User

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Recently, LG Chem announced that the company has signed a joint venture agreement for lactic acid (LA) and polylactic acid (PLA) business with American ADM on August 16

Under the agreement, the two parties will form two joint ventures, GreenWise Lactic and LG Chem Illinois Biochemical, to meet the needs of plant-based products and bioplastics

Of the two companies, GreenWise Lactic will utilize ADM's fermentation technology to produce 150,000 tons of high-purity lactic acid per year based on corn

ADM is headquartered in Chicago, USA, and is one of the world's four largest grain merchants along with Bunge, Cargill and Louis Dreyfus

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