May 31, 2011

Myriant files for IPO

Hope the blog's US readers had a great Memorial Day weekend! So here are last week's big news that came out such as Solazyme's successful IPO and Novamont to build a biorefinery/bioplastic in Italy. I also just finished writing an article about Dow Chemical's successful pilot project on incinerating plastics for energy. This article will come out next week Monday on ICIS Chemical Business.

But let's start today with Myriant's big announcement on its filing for its own IPO.

The US-based bio-succinic acid producer filed its S-1 form with the US Securities and Exchange Commission (SEC) today for a proposed $125m IPO under NASDAQ (symbol "MYRT") . The filing did not disclose how many shares the company plans to sell or the expected price of each share.

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