June 15, 2025 | 00:27 GMT +7
June 15, 2025 | 00:27 GMT +7
Hotline: 0913.378.918
Cargill Inc said on Tuesday it will build a plant in Iowa to turn sugars from corn into replacements for chemicals that can be used to make spandex and biodegradable plastics, creating a new use for the crop.
The $300 million project, a joint venture with Germany-based HELM, aims to meet increasing demand from consumers and companies looking for more environmentally friendly products.
Cargill and HELM will ferment corn-based sugars to produce a 1,4-butanediol, or BDO, in the country’s first commercial-scale, renewable facility for the product, according to a statement. It can replace chemicals made from fossil fuels like petroleum, reducing greenhouse gas emissions, Cargill said.
The plant will be completed in 2024 at an existing Cargill corn-processing complex in Eddyville, Iowa, according to the company. U.S. corn supplies are tight due to strong sales to China, and corn futures prices are near eight-year highs.
The new facility will use about 30,000 bushels of corn per day, said Jill Zullo, Cargill vice president of biointermediates and bioindustrial, in an interview. That is roughly 10% of the use of the corn-processing operation in Eddyville, which includes ethanol, she said.
(Reuters)
(VAN) Extensive licensing requirements raise concerns about intellectual property theft.
(VAN) As of Friday, a salmonella outbreak linked to a California egg producer had sickened at least 79 people. Of the infected people, 21 hospitalizations were reported, U.S. health officials said.
(VAN) With the war ongoing, many Ukrainian farmers and rural farming families face limited access to their land due to mines and lack the financial resources to purchase needed agricultural inputs.
(VAN) Vikas Rambal has quietly built a $5 billion business empire in manufacturing, property and solar, and catapulted onto the Rich List.
(VAN) Available cropland now at less than five percent, according to latest geospatial assessment from FAO and UNOSAT.
(VAN) Alt Carbon has raised $12 million in a seed round as it plans to scale its carbon dioxide removal work in the South Asian nation.
(VAN) Attempts to bring down the price of the Japanese staple have had little effect amid a cost-of-living crisis.