CJ BIO and NatureWorks team on PLA

In Massachusetts, CJ BIO, a division of South Korea-based CJ CheilJedang and leading producer of polyhydroxyalkanoate (PHA), and NatureWorks have signed a letter of intent (LOI) establishing a strategic alignment between the two organizations and have announced that the two companies are working toward a Master Collaboration Agreement (MCA). The companies will work together to develop sustainable materials solutions based on CJ BIO’s PHACT® Marine Biodegradable Polymers and NatureWorks’ Ingeo™ biomaterials technology. The goal of the agreement is to develop high-performance biopolymers that will replace fossil fuel-based plastics in applications ranging from compostable food packaging and food serviceware, to personal care, and beyond.