Tag: BioAmber

Success in succinic, succinctly: The Digest’s 2017 Multi-Slide Guide to BioAmber

Success in succinic, succinctly: The Digest’s 2017 Multi-Slide Guide to BioAmber

September 27, 2017 |

BioAmber’s Mission? To be a fast growing producer of chemical intermediates that uses sugars instead of fossil fuels and sells competitively priced, sustainable chemicals with strong profit margins and the cleanest environmental footprint in the industry. The latest? “We are pleased to report our second quarter 2017 results generated BioAmber’s largest quarterly revenue ever. Year to […]

Read More

Psst! The latest bioeconomy flashes from Bayer, Gingko, BioAmber, Joule, TerraVia, Corbion, Phytelligence, DNA Script

Psst! The latest bioeconomy flashes from Bayer, Gingko, BioAmber, Joule, TerraVia, Corbion, Phytelligence, DNA Script

September 14, 2017 |

While we’ve been busy fleeing Hurricane Irma, it’s been a busy week for the techies running the Digest’s Very Large Gossip Array —  the airwaves have been crackling as some familiar faces re-surface. Let’s review. Bayer, Ginkgo’s $100 Million  Baby News just arrived from Germany that Bayer and Ginkgo Bioworks will create a new company […]

Read More

Scale-up, efficiency, available markets: The Digest’s 2017 Multi-Slide Guide to BioAmber

Scale-up, efficiency, available markets: The Digest’s 2017 Multi-Slide Guide to BioAmber

May 21, 2017 |

BioAmber reported an unsurprisingly lackluster sales figure and a Q1 loss of $10.5M compared to a loss of $8.1M for Q1 2016 – unsurprising given the delays at major customer PTT. We covered the fortunatelys and unfortunatelys of this intriguing storyline here. But even better, EVP Mike Hartmann gave this illuminating overview of the technology, markets […]

Read More

BioAmber and the Charm of Making

BioAmber and the Charm of Making

May 11, 2017 |

If you remember the 1981 film Excalibur, there were numerous uses of what was described as the Charm of Making: Anál nathrach, orth’ bháis’s bethad, do chél dénmha Which roughly translates into Modern Bioeconomyese as, “O Lord, give me the power to make lots of succinic acid.” If you’re not chasing biosuccinic or at least […]

Read More

BioAmber raises $7 million in share offering

BioAmber raises $7 million in share offering

December 31, 2016 |

In Quebec, BioAmber has priced an underwritten offering of 1,748,750 shares of its common stock at a price of $4.00 per share. The gross proceeds to the Company will be approximately $7.0 million, and net proceeds, after underwriting discounts and commissions and other estimated fees and expenses payable by BioAmber, will be approximately $5.6 million. […]

Read More

BioAmber seeing if Canada can match DOE’s loan guarantee to build next plant in Sarnia

BioAmber seeing if Canada can match DOE’s loan guarantee to build next plant in Sarnia

November 14, 2016 |

In Canada, BioAmber is deciding whether to set up a facility in Sarnia six-times bigger than its first installation in the city or to build the $500 million facility in Louisiana. The company has sought a $360 million loan guarantee from the US’s Department of Energy for the facility in Louisiana, but in light of […]

Read More

Scale-Up: What Makes the Winners Win?

Scale-Up: What Makes the Winners Win?

September 4, 2016 |

News has arrived from Quebec and we are glad to report it that BioAmber, in its Sarnia succinic acid joint venture with Mitsui & Co., has achieved the final operational milestone set out in a $20 million commercial loan that the joint venture drew down in 2015. It’s worth some detail, before the cheering: BioAmber […]

Read More

When amber means caution but BioAmber means go: progress, prospects for the Sarnia’s Sultans of Succinic

When amber means caution but BioAmber means go: progress, prospects for the Sarnia’s Sultans of Succinic

August 15, 2016 |

In Canada, BioAmber recorded net income of $4.8M for Q2 2016 and an operating loss of $1.0M on revenues of $2.5M. Revenues were up 73 percent over Q1 and 637 percent compared to Q2 2015. For those less familiar with the company, it produces succinic acid from sugar at a first commercial-scale plant which opened […]

Read More

The Building Block Builders: The Digest’s 2016 8-Slide Guide to BioAmber

The Building Block Builders: The Digest’s 2016 8-Slide Guide to BioAmber

August 15, 2016 |

From the company’s IPO Prospectus: “Our proprietary technology platform combines industrial biotechnology, an innovative purification process and chemical catalysis to convert renewable feedstocks into chemicals that are cost-competitive replacements for petroleum-derived chemicals. The development of our current organism was originally funded by the DOE in the late 1990s, was further developed and scaled up, and optimized at […]

Read More

Earnings Season: REG, Green Plains, BioAmber, ADM report improving outlooks, growth prospects

Earnings Season: REG, Green Plains, BioAmber, ADM report improving outlooks, growth prospects

May 3, 2016 |

Q1 earnings season for the advanced bioeconomy kicked off this week, with reporting from  Green Plains, ADM, REG and BioAmber. That’s an ag giant, an ethanol monster, a biomass-based diesel dominator and a fast-upcoming renewable chemicals maker. Between the four, we have a good opportunity to check the sector’s health. Overall, markets were unhappy today, […]

Read More