Purac will supply high performance lactides into Asian biopolymer market
Purac, a subsidiary of CSM, has signed a long term supply contract for the delivery of up to 10,000 tons annually of PURALACT� lactides to a customer in Asia. PURALACT lactides will be polymerized into high heat polylactic acid (PLA), a bioplastic made from annually renewable resources.
Commercial production of the partner's production facility is expected to start in the second half of 2014, but material for sampling and testing will be available shortly. The supply agreement for high optical purity lactides will enable Purac's partner to produce a range of high performance PLA homopolymers.
The target market for the partner's PLA is Asia, with a focus on high heat PLA for durable and demanding applications, such as automotive and electronics parts.
Further to the supply agreement, Purac and its partner have signed a joint development agreement where Purac's know-how in the area of high performance PLA will be combined with the partner's market access and application knowledge to further accelerate the commercialization of PLA compounds for injection molding and extrusion purposes.
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