LG Chem Ltd. will build two production facilities in Illinois with US agricultural food processor and bio solution company Archer Daniels Midland Co. (ADM), to produce biodegradable plastic for food packaging.
Under the two joint ventures with ADM, they will build a facility to annually produce 75,000 tons of polylactic acid (PLA), in Decatur.
In the same city, a separate facility will be built to produce up to 150,000 tons of high-purity corn-based lactic acid, a feedstock for PLA.
PLA is a bioplastic derived from organic sources such as corn starch and sugar cane, and its popularity as an alternative to plastics derived from fossil fuels is growing rapidly.
According to LG Chem, a manufacturer can produce 2.5 billion 500-milliliter water bottles per year using 75,000 tons of PLA.
LG Chem and ADM intend to begin construction on the two facilities in 2023 and finish them by 2025, assuming they receive all necessary regulatory approvals.


Gold and Silver Prices Plunge as Trump Taps Kevin Warsh for Fed Chair
Sandisk Stock Soars After Blowout Earnings and AI-Driven Outlook
Burkina Faso and Mali’s fabulous flora: new plant life record released
Panama Supreme Court Voids Hong Kong Firm’s Panama Canal Port Contracts Over Constitutional Violations
Oil Prices Hit Four-Month High as Geopolitical Risks and Supply Disruptions Intensify
How America courted increasingly destructive wildfires − and what that means for protecting homes today
Asia Stocks Pause as Tech Earnings, Fed Signals, and Dollar Weakness Drive Markets
Asian Currencies Hold Firm as Dollar Rebounds on Fed Chair Nomination Hopes
Apple Earnings Beat Expectations as iPhone Sales Surge to Four-Year High
Dollar Struggles as Policy Uncertainty Weighs on Markets Despite Official Support
Saks Global to End Saks on Amazon Partnership Amid Bankruptcy Restructuring
Climate Adaptation at Home: How Irrigreen Makes Conservation Effortless
UK Housing Market Gains Momentum in Early 2026 as Mortgage Rates Fall
Ukraine minerals deal: the idea that natural resource extraction can build peace has been around for decades
Fungi are among the planet’s most important organisms — yet they continue to be overlooked in conservation strategies
Rise of the Zombie Bugs takes readers on a jaw-dropping tour of the parasite world 



