LG Chem and Acies Bio Partner to Drive Sustainable Chemical Production

LG Chem, a global leader in chemical production, has entered into a strategic collaboration with Acies Bio, a pioneer in microbial biotechnology, to develop sustainable solutions for commercial biomanufacturing. This partnership focuses on Acies Bio’s innovative OneCarbonBio™ platform, which leverages synthetic biology to upcycle one-carbon feedstocks derived from renewable or recycled sources, including CO2 emissions, plastic waste, and biogas, into valuable chemical intermediates and specialty materials.

The collaboration combines Acies Bio’s expertise in microbial strain engineering, synthetic biology, and biomanufacturing with LG Chem’s robust capabilities in process development, large-scale manufacturing, and global market access. The goal is to create a sustainable and efficient alternative for producing high-demand chemicals, supporting the shift toward bio-based industrial cleantech solutions.

Dr. Jongku Lee, Chief Technology Officer of LG Chem, emphasized the significance of the partnership: “This collaboration reflects LG Chem’s commitment to advancing innovation and sustainability in the chemical industry. By merging our commercialization and market expansion expertise with Acies Bio’s pioneering OneCarbonBio™ platform, we aim to establish scalable biotechnological pathways for producing valuable chemicals. This partnership marks a crucial step toward realizing a more sustainable, environmentally friendly future in cleantech manufacturing.”

Dr. Gregor Kosec, Director of R&D at Acies Bio, shared his enthusiasm for the collaboration: “Our partnership with LG Chem strengthens Acies Bio’s mission to enable the sustainable production of chemicals and materials. By combining our advanced OneCarbonBio™ platform and 18 years of expertise in microbial R&D with LG Chem’s capabilities in process development and market access, we are paving the way for large-scale deployment of this technology. Ultimately, this collaboration will contribute significantly to the chemical industry’s sustainability goals.”

This partnership positions both companies to lead the way in sustainable chemical production, helping to address global environmental challenges while providing commercially viable solutions for the chemical industry. By focusing on upcycling waste materials into high-value products, LG Chem and Acies Bio aim to drive the chemical sector toward a more sustainable and circular economy.

LG Chem is a leading global chemical company with a diverse portfolio spanning petrochemicals, advanced materials, and life sciences. The company produces a broad range of products, from high-value petrochemicals to renewable plastics, with a focus on advanced electronic and battery materials, as well as pharmaceuticals and vaccines, offering innovative solutions to its customers. LG Chem is committed to achieving carbon-neutral growth by 2030 and net-zero emissions by 2050, addressing climate change impacts while contributing to society through renewable energy and responsible supply chains. Headquartered in Seoul, Korea, LG Chem operates multiple sites globally and generated consolidated revenue of KRW 55.2 trillion (USD 41.6 billion) in 2023.