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LG Chem and ADM Launch Joint Ventures, Announce Intended Location for U.S. Production of Lactic Acid and Polylactic Acid Production

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Plant-based plastics

LG Chem and ADM Launch Joint Ventures, Announce Intended Location for U.S. Production of Lactic Acid and Polylactic Acid Production

August 16, 2022 by Asia Food Journal

bioplastics

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

Other Topics: bioplastics, eco-products, Factory Talk, lactic acid, Packaging, Plant-based plastics, Polylactic Acid Production, sustainability, sustainable packaging

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