Last week BioAmber (formerly DNP Green Technologies) announced a partnership with Cargill to develop a succinic acid-producing microorganism. The agreement features a licensing deal where Cargill licenses a "new generation microorganism to produce bio-based succinic acid" to BioAmber, not the other ...
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News Commentary | August 30, 2021
This announcement is the first piece of positive news for the succinic acid space in years. In late 2018, LCY acquired the Sarnia plant and said it would continue BioAmber's legacy and produce succinic acid, at least in the short run. Today, the company is producing 18,000 metric tons of succinic ... Not part of subscription
News Commentary | October 06, 2021
ADM and LG Chem have teamed up before, announcing a joint development agreement on bio‑based acrylic acid back in 2019. The two are now expanding their partnership in the bio‑based space and plan to launch a joint venture to bring online a commercial facility for high‑purity corn‑based lactic acid. ... Not part of subscription
Company Snapshot | February 11, 2022
The company was founded by Christopher Nicholas and Paul Dauenhauer in 2021; Paul is a chemical engineer with experience developing technologies to convert biomass into various chemical building blocks, and Chris has over 15 years of experience in developing and scaling catalysts, catalytic ... Not part of subscription