April 26, 2011

Mitsubishi picks BioAmber for succinic supply

Ok, so I was wrong when I assumed Myriant Technologies will be involved with Mitsubishi Chemical Corporation's (MCC) planned bio-polybutylene succinate (bio-Pbs) joint venture with PTT Limited.

Just got the news this morning that BioAmber was picked as the exclusive succinic acid distributor for Mitsubishi's PbS. According to the press release, BioAmber, its Asian distribution partner Mitsui & Co. and Mitsubishi are also planning to conduct a feasibility study to build a succinic acid production facility next to Mitsubishi's planned renewable-based PbS production plant in Thailand.

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