“…Many value-added chemicals such as formic acid, acetic acid, furfural, 5-hydroxymethylfurfural, and levulinic acid have been successfully synthesized from biomass starting materials such as monosaccharides (glucose and fructose), polysaccharides (sucrose, starch, and cellulose), or even raw bio-waste such as corn stalks, rice straws, and shrimp shells [3][4][5]. Among these chemicals, lactic acid is an important building-block intermediate which has wide applications in food, cosmetic, pharmaceutical, and chemical industries as well as in biodegradable plastics [6].…”