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LG Chem to develop mass production technology for biodegradable plastic
Source:Adsale Plastics Network    Editor:JK    Date:03.Dec.2021

LG Chem announced the signing of a Joint Development Agreement with GS Caltex on the mass production technology for 3HP (hydroxypropionic acid) and the production of prototypes.

 

3HP is a biodegradable plastic material produced through a microorganism fermenting process of bio-materials such as glucose and unrefined glycerol derived from vegetable oil.

 

It is seen as a next-generation platform chemical that can be used as raw materials for a variety of materials including not only biodegradable plastic, but also super absorbent polymers (SAP) used in diapers, paints, adhesives and glues, coating materials, carbon fiber, and so on.


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LG Chem and GS Caltex signs Joint Development Agreement for eco-friendly materials.


With the advanced proprietary 3HP fermenting technologies, LG Chem has already developed PLH (Poly Lactate 3-Hydroxypropionate), which is a new biodegradable material that can configure mechanical properties equivalent to synthetic resins. The company also plans to accelerate preparations for mass production of PLH.

 

The two companies plan to accelerate entry into the biodegradable materials and various bio plastic markets through the production of a 3HP prototype from 2023. In addition, they will actively discuss plans for collaboration through the white bio sector in the future, as well as on plans for realizing a sustainable bio ecosystem.

 

Sae Hong Hur, GS Caltex President, stated, “Through our cooperation in developing eco-friendly materials, the two companies will not only strength ESG capacities such as contributing to a circulating economy and reducing carbons, but also create economic value with high value-added products.”

 

Hak Cheol Shin, LG Chem Chief Executive Officer, commented, “In this current period where carbon neutrality has become a global mega-trend, the fact that a company leading the oil refining industry and another leading the chemical industry is cooperating for the development and commercialization of sustainable new materials has great meaning.”

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