January 23, 2014

BioAmber, Vinmar on a 100ktpa bio-BDO

Here's an exciting news from bio-succinic acid producer BioAmber. The company announced yesterday afternoon that it is planning to build a 100,000 ton/year bio-BDO plant somewhere in North America to be commissioned in 2017. The company has signed a take-or-pay contract with Vinmar International to purchase 100% of the bio-BDO produced at the new plant for 15 years. BioAmber will be obligated to sell exclusively to Vinmar, a privately held marketing, distribution and project development company based in Houston, Texas.

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