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 […]
Ultra-secret yeast tech also exceeding expectations in yield, productivity and quality, BioAmber reports. Baby Sarnia checks in at 60 million pounds, no ounces, doing fine. In Canada, BioAmber’s Sarnia joint venture with Mitsui & Co. Ltd. has begun shipping bio-succinic acid to customers and is operating its manufacturing process at commercial scale, meeting a significant company […]
Is there anyone left on Planet Earth not making biobased succinic acid, or running for the US Republican presidential nomination? In succinic, though, there might be several winners. Reverdia CEO Marcel Lubben helps us to understand the broad applications and markets in an exclusive interview with The Digest. Ah, grashopper, you might have thought that “Seeking success […]
In Italy, Reverdia has announced that it is now licensing its Biosuccinium succinic acid, a building block for the production of polymers and chemicals including PBS, resins for paints and coatings, phthalate-free plasticizers and polyester polyols for polyurethanes. Reverdia’s low pH yeast fermentation process has best-in-class carbon performance as demonstrated by the published cradle-to-gate LCA […]
In the Netherlands, Reverdia, the joint venture between DSM and Roquette Frères has commenced operations in Cassano Spinola, Italy, at a commercial-scale plant producing Biosuccinium sustainable succinic acid. The plant has a capacity of 10,000 tonnes/yr. Key applications for Biosuccinium™ include polybutylene succinate (PBS), polyester polyols for polyurethanes, coating and composite resins, phthalate-free plasticizers, and […]
In the UK, two researchers at the University of Manchester have solved the problem of what to do with a global surplus of glycerol, a by-product from the biodiesel manufacturing process. The research was funded by the university, which has now secured a patent on the process. Dr. Constantinos Theodoropoulos and Prof. Colin Webb from […]
A first-to-market leader in bio-succinic acid comes to the public markets with its IPO. Can BioAmber translate a lead in succinic acid’s smallish market into leadership in a vast array of high-priced renewable chemicals? Here’s our 10-minute version of the BioAmber IPO, with a translation of the risks into English. In Minnesota, BioAmber has filed an […]
In Minnesota, LANXESS, a global leader in phthalate-free plasticizers and BioAmber, a leader in sustainable chemistry, have partnered to develop succinic acid based plasticizers that are both renewable and phthalate-free. Under the terms of their joint development agreement, LANXESS and BioAmber are developing a portfolio of renewable succinic-based plasticizers that can exceed the performance of […]
In Germany, BASF and Purac have started negotiations to form a joint venture for the production of bio-based succinic acid. The two companies have been conducting research since 2009, which has lead to a sustainable and efficient manufacturing process based on a proprietary microorganism. The two companies are looking to have a 25,000 ton fermentation […]
In Thailand, PTT Group and Mitsubishi Chemical have formed a 50/50 joint venture, PTT MCC Biochem to produce both bio-succinic acid and polybutylene succinate from sugar. Construction is planned for 2012, with production to start in late 2014. PTT MCC expects production capacity of 20,000 tonnes of PBS and 30,000 tonnes per year. Prasert Bunsumpun, […]
