Abstract
BUSINESS Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2021, 99 (43), p 15November 29, 2021Cite this:C&EN 99, 43, 15AbstractMangrove Lithium , a Canadian company that processes brine, hard rock, and clay to produce lithium hydroxide for batteries, has raised $10 million in series A funding. Mangrove plans to build its first commercial-scale plant and hopes to expand lithium refining in the Western Hemisphere. Arxada , Lonza’s former specialty chemical business, will spend $21 million to expand its fermentation plant in Kouřim, Czech Republic. The contract manufacturing facility serves industries including food and nutrition, cosmetics, pharmaceuticals, and agriculture. LG Chem and GS Caltex plan to commercialize large-scale fermentation of 3-hydroxypropionic acid. LG says the monomer can be used to make a biodegradable plastic it calls polylactate 3-hydroxypropionate as well as acrylic acid for superabsorbent polymers, adhesives, and coatings. Lonza will expand its microbial development labs in Visp, Switzerland, by 50%. New assets for microbe-derived protein development are expected to be operating by year-end. Benchling , a supplier of cloud-basedView: PDF | Full Text HTML
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