December 12, 2011

Weekly News Roundup

Here's the blog's late news roundup (as usual). A couple of biofuel news that came out the past two weeks will be in a separate post.

Arkema buys bio-polyamide producer
French specialty chemical firm Arkema has acquired Chinese companies Hipro Polymers, a producer of biobased polyamide 10,10, and Casda Biomaterials, a producer castor oil-based sebacic acid which is used to manufacture polyamide 10,10. Both companies - which are predominantly owned by a joint venture between privately owned Chinese specialty chemical company Feixiang Chemicals and Bain Capital - report aggregate sales estimated at $230 M for 2011, and employ 750 people on two sites in China.

GlycosBio picks Toyo Engineering
Glycos Biotechnologies has chosen Toyo Engineering & Construction Sdn Bhd to provide engineering, procurement and construction (EPC) services for its industrial biochemical that will be build in Johor, Malaysia, and scheduled to be completed in second quarter of 2013. GlycosBio's refinery will have initial capacity of up to 30,000 tonnes by 2014 and will subsequently scale up to 90,000 tonnes. Target biochemicals from the plant will include isoprene and ethanol from crude glycerin.

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