Cargill Dow says it is working to breathe life into its corn-based polylactic acid (PLA) biodegradable polymer The company.

Cargill Dow says it is working to breathe life into its corn-based polylactic acid (PLA) biodegradable polymer The company, a joint contingency of Cargill and Dow Chemical, exhausted $300 million to build a 300-million lbs/year PLA plant at Blair, NE that started up in early 2002 Market exhibition has been slow, however, and it is the merely one of Dow's jv's that the company says is underperforming. Dow took a charge of $148 million in the inferior quarter to cover a loan guarantee for Cargill Dow, because of its poor cash stream ...

Want to read the whole article? You can purchase it here. It's quick and easy....