7 April 2021 – DMC Biotechnologies has executed an agreement with SCG Chemicals Co., Ltd to bring DMC’s L-Alanine and branched chain amino acids (BCAAs) into the ASEAN* markets. SCG was an investor in DMC’s Series A round in December 2019.
Matt Lipscomb, Ph.D., CEO & Co-Founder of DMC said, “The SCG agreement is another validation of our technology and our progress towards the commercialization of our first wave of products. We are excited to partner with SCG and leverage their wide reach to distribute our products into the ASEAN region.”
Mr. Suracha Udomsak, CTO and Emerging Business Director, Chemicals Business at SCG said, “SCG is a leader in sustainable development and is working hard to respond to the global climate emergency. DMC has a new route to making more sustainable and affordable L-Alanine and branched chain amino acids. We are excited by the opportunity to bring these biobased, sustainable solutions to the region and to contribute to a more sustainable society.”
*Association of Southeast Asian Nations (ASEAN): Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.
DMC media contact:
Kathryn Sheridan
Sustainability Consult
[email protected]
About DMC
DMC is a US biobased specialty chemical company which makes products using microbial fermentation. DMC’s metabolic engineering process simplifies biology to make fermentation more predictable, robust, and efficient. By unleashing the power of biology, DMC is on track to address two of the global challenges of our time: sustainably and affordably feeding a growing world population and reducing greenhouse gas emissions through efficient production of (bio)chemicals.
For more information, visit: www.dmcbio.com
About SCG
SCG is a conglomerate with headquarters in Bangkok, Thailand and operations throughout the South East Asian region. The company has three business units – Cement Building Materials, Packaging, and Chemicals. Packaging Business – SCG is a total packaging solutions provider and is integrated from the forest to the end product. Chemicals Business – SCG is a manufacturer of HVA polymers and functional materials.
For more information, visit: www.scg.com
