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News details

INVISTA and Plaxica collaborate on bio-derived lactic acid technology

INVISTA’s technology and licensing business, INVISTA Performance Technologies (IPT) and UK technology developer Plaxica have entered into a collaboration that is expected to accelerate the commercialisation of Plaxica's technology for the production of low cost lactic acid from biomass.

Under the agreement, in which INVISTA will have an option for an equity stake in Plaxica, INVISTA will provide Plaxica engineering, technical and commercial support from its global technology licensing organisation. The two companies will work together to develop and commercialise Plaxica’s lactic acid technology, which the companies believe will offer substantial cost and performance benefits to licensees in the polylactic acid and bio-propylene glycol value chains... Read more>


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