Asahi Glass and Japan Material Technologies Corp. (JMTC; Tokyo) on Tuesday announced the establishment of a joint venture company, JMTC Enzyme, which aims to commercialize biochemical technologies that produce organic acids, such as lactic acid, from biomass.
JMTC has 92% in the new company and Asahi Glass 8%.
JMTC Enzyme will commercialize the technologies by acquiring part of the intellectual property for organic acid production based on Schizosaccharomyces pombe developed by Asahi Glass and by using engineers seconded from Asahi Glass.
In addition, the new company will proceed with commercializing D-lactic acid, for which Asahi Glass has already completed basic development, as well as continuously develop other organic acid production technologies.
By Natasha Alperowicz
Source: Chemical Week
The Hamburg-based, female-founded startup traceless materials has developed a holistically sustainable alternative for plastics and bioplastics that is fully compostable in nature, contributing to solve the global plastic pollution.
Sohrab Kazemahvazi, senior vice president and head of Stora Enso’s formed fiber business, tells PackagingInsights the partnership aims to create competitive pricing and volumes for fiber-based bottles.
Alfa Laval’s expertise in mechanical and thermal separation will ensure waste minimization, zero liquid discharge and chemical reuse within EasyMining’s processes.
