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
sustainability
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
Kalsec® Partners with Infinome™ Biosciences to Sustainably Develop & Manufacture Precision Fermentation Products
Infinome™ Biosciences, a next-generation biomanufacturing company, and Kalsec® Inc, a leading global producer of natural spice and herb extracts for the food and beverage industry, today announced a new partnership to develop and commercialize multiple precision fermentation products. The partnership will deliver naturally produced, highly innovative ingredients with superior quality and consistency, in the most sustainable way possible. Infinome’s GenoScaler™ is a proprietary, … [Read more...] about Kalsec® Partners with Infinome™ Biosciences to Sustainably Develop & Manufacture Precision Fermentation Products
