Praj and Lygos to Co-Develop Advanced Lactic Acid Yeast Technology
PUNE, India/BERKELEY, CA — Praj Industries Ltd. and 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 also used in food and beverages, in cleaning agents as well as in the electronic industry. The size of the global lactic acid market was estimated at around $1 billion in 2019.