BIO & CIRCULARITY The Bio & Circularity Business Unit consists of products manufactured from natural feedstocks such as palm oil, palm kernel oil, vegetable oil, animal fat, corn, sugar made from sugarcane, and cassava. These products can be used in various downstream industries, such as personal care, pharmaceuticals, food, biochemicals, and bioplastics industries. These products are divided into three key categories as follows: Bioplastics and Biochemicals Bioplastics and biochemicals are derived from natural feedstock, including sugar from sugarcane, cassava, and field corn. The feedstock is fermented to produce chemicals, such as lactic and succinic acids. These two chemicals are used in the production of bioplastics, such as polylactic acid (PLA), and polyesters, such as polybutylene succinate (PBS), respectively. 56
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