CHICAGO, ILLINOIS, US — LG Chem, a leading global diversified chemical company, and ADM, a global leader in nutrition and biosolutions, announced on Sept. 15 that they have signed a memorandum of understanding (MoU) to explore US-based production of lactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics.
Under the terms of the agreement, which was signed by Juan Luciano, chairman and chief executive officer of ADM, and Hak Cheol Shin, vice chairman and CEO ...
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2021