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Article: Lactic Acid Outlook Up As Polylactide Nears Market.(Brief Article)
- Article from:
- Chemical Market Reporter
- Article date:
- February 26, 2001
- Author:
CopyrightCOPYRIGHT 2001 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Cargill Dow's PLA plant will begin shipping in 2002.
THE LACTIC ACID market appears set for growth, with prices stabilizing and a healthy demand outlook. Though lactic acid consumption in food and beverage applications is maturing, niche industrial applications are primed for rapid growth. Demand for environmentally friendly polymers and solvents derived from lactic acid is expected to increase substantially over the next three years.
Lactic acid prices have experienced some erosion over the last several years due to over capacity in the US. In addition, the market for lactic acid, like that of many other fermentation products, has been hit by the ...