June 3, 2013

Myriant, PTTGC form Auria Biochemical

This is Doris blogging under Tecnon OrbiChem (cool huh?). The blog will soon see views from under TOC analysts reporting on biobased chemicals so stay tune!

Meanwhile, here is a news that I stumbled upon while doing some research on Myriant's recent announcement on its commercial production of bio-succinic acid in Leuna, Germany.

Myriant and its major investor PTT Global Chemical (PTTGC) of Thailand announced in May that they are forming a joint venture company called Auria BioChemical Co. Ltd. The goal of the joint venture is to conduct research and development of bio-based chemicals and to eventually invest in a commercial scale production plant in Southeast Asia.

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