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Business

LG and ADM plan polylactic acid in the US

by Alexander H. Tullo
September 18, 2021 | A version of this story appeared in Volume 99, Issue 34
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The agriculture giant ADM and South Korea’s LG Chem plan to build corn-based lactic acid and polylactic (PLA) plants in the US. The companies see strong demand for the products thanks to consumer desire for plant-based goods. Firms already in the business have been expanding. NatureWorks, a joint venture of ADM rival Cargill and PTT Global Chemical, is spending more than $600 million on a lactic acid/PLA complex in Thailand. Total Corbion is planning a PLA plant in France. LG Chem and ADM have been working together on plant-based acrylic acid since 2019.

Chemical & Engineering News
ISSN 0009-2347
Copyright © 2024 American Chemical Society

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