Green Chemicals Blog
succinic acid
Succinity starts biobased succinic acid plant
And so all the bio-succinic acid players are now in production, and all of them are planning on expanding capacity soon. Succinity GmbH, the joint venture between Corbion Purac and BASF for the production and commercialization of biobased succinic acid, just announced the successful start-up of its first commercial production facility located at the Corbion … Continue reading
BioAmber secures $10m loan from Ag Canada
BioAmber’s subsidiary, BioAmber Sarnia Inc., has secured a $10 million interest free loan from Agriculture Canada for the 30,000 MT succinic acid plant currently under construction in Sarnia, Ontario, Canada. The loan, which was secured through the Department’s Agri-Innovation Program, will be reimbursable in equal yearly installments from 2015 to 2024. BioAmber Sarnia had previously … Continue reading
Myriant supplies bio-succinic acid to Oxea
Myriant Corporation has supplied commercial quantities of bio-succinic acid to Oxea, for use in the production of bio-based, phthalate-free plasticizers. The bio-succinic acid is produced at Myriant’s plant located in Lake Providence, LA. Oxea is expanding its broad product portfolio of phthalate-free plasticizers with its new bio-based Oxblue product line, addressing the demand for high-quality, … Continue reading
BioAmber, Vinmar on a 100ktpa bio-BDO plant
Here’s an exciting news from bio-succinic acid producer BioAmber. The company announced yesterday afternoon that it is planning to build a 100,000 ton/year bio-BDO plant somewhere in North America to be commissioned in 2017. The company has signed a take-or-pay contract with Vinmar International to purchase 100% of the bio-BDO produced at the new plant for … Continue reading
BioAmber completes yeast-based succinic acid milestone with Cargill
BioAmber made its final payment to Cargill for achieving the final milestone in their development agreement, under which BioAmber has exclusively licensed the Cargill yeast technology for succinic acid production. Completion of this milestone signals that the succinic acid producing yeast has met performance expectations. BioAmber began work in August 2013 on a 30,000 tonne/year … Continue reading
Government of Canada Invests in BioAmber
BioAmber’s new $110m bio-based succinic acid plant will receive a C$12 million investment from the Canadian Government through the Federal Economic Development Agency for Southern Ontario (FedDev Ontario) to support its construction in Sarnia. The plant is expected to create 150 construction jobs and 60 permanent jobs once the plant is operational at the end … Continue reading
BioAmber phases out E.coli use
The blog is just catching up with some of the earnings conference calls from last week. Here are some highlighted information from BioAmber. I am also checking out Codexis, Cereplast and Syntroleum if they have any interesting updates for the quarter. An interesting information from BioAmber’s recent earnings call is the phasing out its use of E.coli … Continue reading
BioAmber Interview at NYSE
Before I start with this post, I just wanted to say thank you for those companies who have already subscribed to Tecnon Orbichem’s new Bio-Materials & Intermediates service! We are thrilled to have very many positive response within a short time of introducing the service. Now onto the blog’s interview with BioAmber CEO Jean-Francois Huc … Continue reading
BioAmber bags $25m loan
BioAmber has closed on a $25 million, three-year term loan with Hercules Capital. The $25 million debt facility is in addition to the $71.9 million of net proceeds that BioAmber received in connection with its initial public offering in May 2013. The debt financing will help ensure the company will have the capital needed to construct and start up BioAmber’s planned 30,000 metric … Continue reading