Tag: succinic acid

PTT, Mitsubishi sign bio-succinic acid partnership for Thailand

PTT, Mitsubishi sign bio-succinic acid partnership for Thailand

July 21, 2011 |

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, […]

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DSM, Roquette to build commercial-scale succinic acid project in Italy

DSM, Roquette to build commercial-scale succinic acid project in Italy

[ 0 ] May 10, 2011 |

“The so-called fossil-age will make a shift to the bio-based-economy. In two or three centuries from now, people will look back on our civilization as a merely brief moment in history where we in a period of just about 250 years shifted our total economy to coal, oil and gas. To make the shift back […]

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BioAmber raises $45M in Series B financing

BioAmber raises $45M in Series B financing

[ 0 ] May 5, 2011 |

BioAmber Inc., a developer of bio-based succinic acid, has raised $45 million dollars in a Series B financing that will accelerate the commercialization of succinic acid and modified PBS (polybutylene succinate, a renewable, biodegradable polymer). The round was led by NAXOS Capital Partners and included Mitsui & Co, Sofinnova Partners, and the Cliffton Group. Proceeds […]

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