LG Chem and CJ CheilJedang sign HOA for bio-nylon JV

In South Korea, LG Chem advanced with CJ CheilJedang on a joint venture plant for bio-nylon (Bio-PA: Polyamide) to penetrate the eco-friendly market.
LG Chem announced it had signed a Heads of Agreement (HOA) with CJ CheilJedang at the Yeouido LG Twin Towers for the establishment of a joint venture dedicated to the production and sales of eco-friendly nylon based on bio-materials PMDA (Pentamethylenediamine), A raw material for bio-nylon produced by fermenting corn, sugarcane, and other crops.
As leading companies in the food/bio and chemical sectors, both parties plan to secure stable business competitiveness by being the first domestic companies to produce everything from raw materials to products for bio-nylon through this agreement.

CJ CheilJedang will produce PMDA using microbial precision fermentation technology and joint development technology between the two companies, while LG Chem will polymerize it to produce and sell bio-nylon.
This bio-nylon, produced from bio-based materials such as corn and sugarcane, boasts the same heat resistance and durability as petroleum-based nylon, making it suitable for use in a wide range of fields including textiles, automobiles, electronic devices, and more. Notably, its production using bio-based raw materials significantly reduces carbon emissions.