# Total and Corbion form 50/50 joint venture in bioplastics

Total and Corbion are forming a 50/50 joint venture to produce and market PLA polymers. They plan to build a 75,000 t/y PLA polymerization plant at Corbion's site in Thailand. The joint venture will be based in the Netherlands and launch in Q1 2017.

- Type: Acquisition
- Announced: 2016-11-16
- Where: Thailand, Thailand
- Status: announced
- Capacity: 75,000 tons per year
- Products: polylactic acid (PLA) polymers
- Sectors: [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Corbion](https://endata.com/companies/404.md) (partner)
- [Total](https://endata.com/companies/406.md) (partner)

## Sources

- [gulfoilandgas.com](https://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=55460), 2016-11-16: "Total and Corbion are joining forces to develop bioplastics by creating a 50/50 joint venture to produce and market polylactic (PLA) polymers."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.