BUSINESS Business Roundup ShareShare onFacebookTwitterWechatLinked InRedditEmail C&EN, 2021, 99 (34), p 19September 20, 2021Cite this:C&EN 99, 34, 19AbstractMitsui & Co. has signed an agreement to develop a polypropylene recycling plant in Japan that will use PureCycle Technologies’ solvent-based purification process. PureCycle recently signed a similar agreement with SK Geo Centric for a plant in South Korea. Lycia Therapeutics has raised $70 million in series B financing to develop lysosomal targeting chimeras, or LYTACS, to promote the degradation of disease-causing proteins. The funding comes shortly after an agreement between Lycia and Eli Lilly and Company to develop LYTACS. Calysta , a producer of high-protein fish food made by feeding single-cell microbes with natural gas, has raised $39 million in series D funding, including $10 million from BP’s investment arm. Calysta will use the cash to build its second manufacturing plant. Mitsui Chemicals has agreed to acquire the agrochemical business of Japan’s Meiji Seika Pharma for an undisclosed sum. The business employs about 110 people and develops specialty pesticides,View: PDF | Full Text HTML