BluCon Biotech secures nearly $1M to scale up waste-based L-lactic acid technology

In Germany, Cologne-based bioeconomy company BluCon Biotech recently received a commitment of €931.111 in funding from the German Ministry of Economics and Energy (BMWi) for the scaling of its proprietary fermentation technology made from agricultural residue, such as straw, to produce part of the bio-plastic polylactic acid (PLA). The globally unique and highly innovative technology developed by BluCon Biotech provides a decisive advantage over currently available fermentation processes for L-lactic acid which use sugar beet, sugar cane or corn, by not requiring any essential foods as raw materials.