Chemicals tie-up will result in cheaper corn-derived biopolymer
15/06/2017
The licence provides NatureWorks with a low-cost route to produce D-lactic acid, a building block for a further range of performance Ingeo PLA grades, which use corn as a base ingredient.
NatureWorks’ chief operating officer, Bill Suehr, said: "Access to competitively priced D-lactic acid is fundamental to NatureWorks’ strategy to broaden our Ingeo product offering."
He explained that while small volumes of D-lactic acid have previously been available from producers in Europe and Asia, they have until now been at a substantive price premium.
NatureWorks is jointly owned by Thailand’s largest chemical producer, PTT Global Chemical, and food producer Cargill.
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