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LG Chem and ADM Launch Joint Ventures for Bioplastics Production in Decatur, Illinois

LG Chem and ADM have announced two joint ventures for the U.S. production of lactic acid and polylactic acid (PLA) to meet growing demand for plant-based products, including bioplastics. Decatur, Illinois, has been chosen as the location for these intended production facilities. The first venture, GreenWise Lactic, will produce up to 150,000 tons of high-purity corn-based lactic acid annually. The second venture, LG Chem Illinois Biochem, will use the lactic acid from GreenWise Lactic to produce approximately 75,000 tons of PLA per year. These ventures aim to tap into the rising demand for lactic acid, bioplastics, and biopolymers. Construction is targeted to begin in 2023, with production expected to start in late 2025 or early 2026, supporting over 125 jobs in Decatur.