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Showing posts from August, 2022

LG Chem and ADM launch joint ventures for the production of Lactic Acid and Polylactic Acid

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Type of post: NEWS IN BRIEF. LG Chem and ADM (held a signing ceremony launching two joint ventures for production of lactic acid and polylactic acid to meet growing demand for a wide variety of plant-based products, including bioplastics. Pending final investment decisions, the joint ventures have chosen Decatur (Illinois, USA) as the location of their intended production facilities. Press release: " LG Chem and ADM Launch Joint Ventures, Announce Intended Location for U.S. Production of Lactic Acid and Polylactic Acid Production ", 15/08/2022. Figure 1. ADM's North American headquarters in D ecatur The first joint venture, GreenWise Lactic, would produce up to 150,000 tons of high-purity corn-based lactic acid annually. ADM would be the majority owner of GreenWise, and would contribute fermentation capacity from its Decatur bioproducts facility to the venture. The second joint venture, LG Chem Illinois Biochem, would be majority-owned by LG Chem. It would build upon LG C

Asia’s first 2G ethanol biorefinery to start production soon at Panipat

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Type of post: NEWS. On occasion of World Biofuels Day, Honourable Prime Minister Shri. Narendra Modi ji unveiled first-of-its-kind and Asia’s first 2G ethanol biorefinery of IOCL at Panipat (Haryana, India). This 100 KLPD (kilolitres per day) plant based on Praj’s proprietary technology will transform rice straw into ethanol. Source: Press release provided by Praj (10/08/2022). Figure 1. Aerial view of the biorefinery About project: - The facility spans across 35 acres processing 2 lakh (200,000) tons of rice straw to produce 3 crores (30,000,000) liters of ethanol annually. - The commissioning of the biorefinery begun in the 1st week of August 2022 and commercial production of 2G Ethanol will commence within 90 days. Praj’s contributions: - Praj is Technology Licensor and EPCM Consultant for IOCL’s 2G ethanol biorefinery project. - Praj has deployed proprietary ‘enfinity’ technology, developed indigenously at its R&D center Praj Matrix, that processes different agricultural resi