ADM and LG Chem sign MOU for US bioplastic production

ADM and LG Chem signed a memorandum of understanding to develop US production of corn-based lactic acid for bioplastics. The first project is a joint venture to build a facility for commercial-scale lactic acid production, expected to launch in early 2022.

“Once the joint venture is established, LG Chem would receive a stable supply of raw materials needed to enter the bioplastics market in earnest.”plasticstoday.com

• 1 source
• plasticstoday.comADM and LG Chem Sign US Bioplastic Production AgreementPlasticsToday StaffSep 16, 2021

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