In South Korea, LG Chem and Enilive have taken a major step toward biofuels growth by breaking ground on Korea’s first hydrotreated vegetable oil (HVO) and Sustainable Aviation Fuel (SAF) production plant in LG Chem’s Daesan Chemical Complex located in Seosan, Chungcheongnam-do, 80 kilometers southwest of Seoul. The plant is going to be constructed by […]
In South Korea, LG Chem is entering the global market with eco-friendly raw materials derived from vegetable oils. The company announced on the 13th that it will commence the production of bio-acrylic acid in the second quarter of this year. Production capacity shall ramp up to 100 metric tons (MT) of prototype annually. Bio-acrylic acid […]
In South Korea, LG Chem has begun producing 100% biobased acrylic acid and expects to ramp up to prototype production of 100 metric tons of material annually in the second quarter of this year. LG Chem’s biobased acrylic acid is made from 3-hydroxypropionic acid, produced by microbial fermentation of plant-based raw materials. The product retains […]
In Colorado, Gevo, Inc. and LG Chem are extending their joint development agreement enabling LG Chem to assess existing assets for deploying Gevo’s Ethanol-to-Olefins technology while accelerating commercialization activities, considering project scale and end-product markets. Gevo’s patented ETO technology can target carbon-neutral or carbon-negative drop-in replacements for traditional petroleum-based building blocks. These are core olefins, […]
In California, Acies Bio and LG Chem have partnered to develop biobased chemicals by leveraging LG Chem’s large-scale manufacturing expertise and market access with Acies Bio’s microbial strain engineering and synthetic biology know-how. Specifically, the collaboration will utilize Acies Bio’s innovative OneCarbonBio™ microbial platform, which focuses on transforming renewable and recycled one-carbon feedstocks—such as captured […]
In South Korea, The Korea Herald reported that LG Chem will work together with food company CJ CheilJedang to produce biobased nylon. LG Chem said the two companies signed a deal to establish a joint venture that will produce ingredients and biobased nylon products. “It has not been determined yet, but the two companies are […]
In South Korea, LG Chem advanced with CJ CheilJedang on a joint venture plant for bio-nylon (Bio-PA: Polyamide) to penetrate the eco-friendly market. LG Chem announced it had signed a Heads of Agreement (HOA) with CJ CheilJedang at the Yeouido LG Twin Towers for the establishment of a joint venture dedicated to the production and […]
In South Korea, LG Chem and Eni subsidiary Enilive have signed a joint venture agreement for a new biorefinery at Daesan. The two first announced that they were evaluating a biorefinery project in September last year, and formation of a JV is the next step toward a final investment decision. The facility would process about […]
In South Korea, LG Chem and Enilive moved a further step forward to the final investment decision on the project of a new biorefinery in South Korea by signing the joint venture agreement. The agreement has been signed in Rome by Eni CEO, Claudio Descalzi, and LG Chem CEO, Shin Hak-cheol. Last September, Enilive (a […]
