Pune based Praj Industries Ltd. and US based Lygos, Inc. have signed a Memorandum of Understanding (MOU) to co-develop Lygos’s proprietary yeast for the production of lactic acid.
As part of this MOU, Lygos will provide its proprietary yeast platform to Praj for jointly developing into various solutions for commercial applications.
Praj has already developed and offers bacterial fermentation technology to produce lactic acid and downstream products from sugary feedstock.
Lactic acid is used in food and beverages, in cleaning agents as well as in the electronic industry. The global lactic acid market size is estimated at around $1 Bln (2019).
Lygos will provide its innovative and high-performance technology, LP1 Ultra™ Yeast Platform and Carbon Sequestration Superhighway™, which is well suited to produce acid compounds.
Praj will assemble other segments of technology backed up by its expertise in process development, optimization, design scale-up and will further integrate lactic acid as a source material in to making Bioplastic, called as Polylactic Acid (PLA).