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Although the name "polylactic acid" is widely used, it does not comply with IUPAC standard nomenclature, which is "poly(lactic acid)". [8] The name "polylactic acid" is potentially ambiguous or confusing, because PLA is not a polyacid (polyelectrolyte), but rather a polyester. [9]
The commercial quality polymer is made from the carbon found in simple plant sugars such as corn starch to create a proprietary polylactic acid polymer (PLA) which is marketed under the brand name Ingeo. [1] Headquartered in Plymouth, Minnesota, NatureWorks is jointly owned by Cargill and PTT Global Chemical, a Thai state-owned company.
Global Polylactic Acid Market to Surge from USD 1.27 Billion in 2024 to USD 3.86 Billion by 2034, at an 11.8% CAGR. The urgent need for an alternative to conventional plastic and eco-friendly packaging is expected to push growth in the global packaging sector, thereby driving the polylactic acid industry.
Ingeo is a range of polylactic acid (PLA) biopolymers owned by NatureWorks. [1] Resinex Group distributes Ingeo in Europe. [2] Ingeo is created using carbon stored in plants via photosynthesis and takes the form of dextrose sugar. These sugars are then converted into a biopolymer through the processes of fermentation and separation.
The lactic acid division built a lactide factory in Thailand that became operational at the end of 2011, costing €45 million. The lactide made from lactic acid is a raw material for polylactic acid and biodegradable bioplastics. At the beginning of 2016, Corbion decided to build a PLA factory next to the existing factory in Thailand.
Danimer Scientific was founded in 2004 to create biodegradable and sustainable solutions to the global dependency on traditional plastics, by using biopolymer materials such as polylactic acid (PLA). Danimer Scientific specializes in customizing biopolymer formulations.