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ADM, LG Chem Cancel Joint Ventures as Construction Costs 'Skyrocket'
Express News | Exclusive-Bunge , Glencore-Backed Viterra Offered to Divest Assets in Two European Countries to Address EU Antitrust Concerns About $34 Bln Deal, Sources Say
Archer-Daniels-Midland, LG Chem Discontinuing Lactic Acid, Polylactic Acid Projects
Archer-Daniels-Midland (ADM) and LG Chem said Friday that they will not be proceed with their lactic and polylactic acid production projects due to "skyrocketed" construction costs.In 2022, the
Express News | ADM And LG Chem Cancel Plans For Lactic And Polylactic Acid Projects; ADM Cites Skyrocketing Construction Costs Since 2022; ADM President Chris Cuddy Emphasizes Commitment To Decarbonization And Expanding Biosolutions Portfolio
Express News | Archer-Daniels-Midland Co: Since Announcing Two JVs With LG Chem for Lactic and Polylactic Acid in 2022, Construction Costs Have "Skyrocketed"
Express News | Adm, LG Chem Announce That Lactic Acid, Polylactic Acid Projects Will Not Move Forward