# 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.

- Type: Partnership
- Announced: 2021-09-16
- Where: United States
- Status: announced
- Products: lactic acid, polylactic acid (PLA)
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [LG Chem](https://endata.com/companies/2456.md) (partner)
- [ADM](https://endata.com/companies/50277.md) (partner)

## Sources

- [plasticstoday.com](https://www.plasticstoday.com/business/adm-and-lg-chem-sign-us-bioplastic-production-agreement), 2021-09-16: "Once the joint venture is established, LG Chem would receive a stable supply of raw materials needed to enter the bioplastics market in earnest."

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