DMC Biotechnologies and SCG Chemicals execute ASEAN deal for L-Alanine line
US biobased specialty chemical company DMC Biotechnologies Inc (DMC) has announced that it has executed an agreement with SCG Chemicals Co., Ltd, part of Thailand-headed SCG Group to bring DMC’s L-Alanine and branched-chain amino acids (BCAAs) into the ASEAN markets.
Thailand-headed SCG is a leading business conglomerate in the Association of Southeast Asian Nations (ASEAN) – Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam. The company has three business units – Cement Building Materials, Packaging, and Chemicals.
In the Packaging Business, SCG is a total packaging solutions provider and is integrated from the forest to the end product, while in the Chemicals Business, SCG is a manufacturer of HVA polymers and functional materials.
SCG was an investor in DMC’s Series A round in December 2019.
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, commented Suracha Udomsak, CTO and Emerging Business Director, Chemicals Business at SCG.