Two joint ventures intend to produce 150,000 tons of lactic acid and 75,000 tons of polylactic acid annually to meet the growing demand for plant-based solutions, including eco-friendly bioplasticsIntended location for new production facilities will be Decatur, Illinois, U.S., with the final investment decision to be made in 2023 SEOUL, SOUTH KOREA & CHICAGO, U.S., AUGUST 16, 2022 – LG Chem (KRX: 051910), a leading global diversified chemical company, and ADM (NYSE: ADM), a global leader … [Read more...] about LG Chem and ADM Launch Joint Ventures, Announce Intended Location for U.S. Production of Lactic Acid and Polylactic Acid Production
Constantia Flexibles Acquires FFP Packaging Solutions
The acquisition earns Constantia Flexibles the first consumer plant in the UK and is an excellent addition to its portfolio. Constantia Flexibles has signed an agreement on Wednesday, August 10th, 2022, to acquire 100 percent of FFP Packaging Solutions, a leading player for sustainable, flexible packaging in the consumer market from Northampton, UK. Pim Vervaat, CEO of Constantia Flexibles, states, “The acquisition aligns well with our Vision 2025 growth strategy of investing in … [Read more...] about Constantia Flexibles Acquires FFP Packaging Solutions
Older consumers show sweet potato love, Fresh Trends data reveals
About one in three consumers say they have purchased sweet potatoes in the last year, The Packer's 2022 Fresh Trends survey reveals. Behind that overall number, Fresh Trends data shows big variations in the frequency of purchases, depending on demographic variables. Age is the biggest influence on the frequency of sweet potato purchases, according to Fresh Trends. In fact, research shows that 51 percent of consumers over age 60 said they purchased sweet potatoes in the past year. … [Read more...] about Older consumers show sweet potato love, Fresh Trends data reveals
