November 16, 2010

DNP Green becomes BioAmber

DNP Green Technology said it has acquired 100% of the shares in Bioamber from Agro-industrie Recherches et Developpements (ARD). ARD, meanwhile has become a shareholder of DNP Green.

Bioamber was established as a 50/50 joint venture between DNP Green and ARD in 2008 to scale up and commercialize a biobased succinic acid technology platform.

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