BioAmber Announces Biobased Succinic Acid Plant in Ontario, Canada
MINNEAPOLIS, MN, Aug. 29, 2011 /PRNewswire/ – BioAmber Inc., through its
subsidiary Bluewater Biochemicals has selected Sarnia, Ontario, Canada
as the location for its first North American biosuccinic acid plant.
The Sarnia plant will have an initial capacity of 17,000 MT and will be
commissioned in 2013. Permitting work for the plant was initiated in
June 2011. BioAmber currently produces and sells biobased succinic
acid at a 3,000 MT capacity plant in France.
Succinic acid is a renewable, non-toxic specialty chemical that can be
further modified to make a wide range of products including automotive
parts, biodegradable coffee cup lids and disposable cutlery, spandex,
shoe soles, ingredients for food, flavors and fragrances, cosmetics,
construction materials, phthalate-free plasticizers, engine coolants,
salts that melt ice and snow and plastics used in various durable
goods. BioAmber plans to double capacity in Sarnia by 2014 through the
introduction of a next-generation yeast being developed with Cargill.
BioAmber also plans to produce 1,4-Butanediol (BDO) on the site, using
technology exclusively licensed from DuPont that coverts succinic acid
to BDO, a chemical with a $4 billion existing market. The goal is for
the Sarnia plant to produce 35,000 MT of biosuccinic and 23,000 MT of
biobased BDO at its peak.
Ontario and Canadian ministries and agencies recognized BioAmber’s
market leading succinic acid technology, providing the company with CAD
$35 million in grants and loans to locate in Sarnia. Support was
secured from the Ontario Ministry for Economic Development and Trade
(MEDT), Sustainable Development Technology Canada (SDTC) and the
Canadian Sustainable Chemistry Alliance. The plant’s first phase will
spur substantial regional economic growth, generating 150 construction
jobs and 40 full time jobs. Additional jobs are expected as capacity
is increased and BDO production comes on line, and as investments are
made in additional manufacturing that can transform locally produced
biosuccinic acid into value added products.
“Sarnia has tremendous potential as a sustainable chemistry cluster.
The unique combination of chemical infrastructure, skilled labor,
educational facilities, competitive transportation costs and proximity
to some of Canada’s richest agricultural land makes Sarnia an excellent
choice,” said Mike Hartmann, Executive VP of BioAmber. “These
provincial and federal programs have put Ontario and Canada at the
forefront of sustainable development and in strong position to compete
globally for foreign investment by renewable chemical and material
companies. These programs were instrumental in BioAmber’s decision to
invest in Ontario,” he added.
About BioAmber, Inc.
BioAmber, a renewable chemistry company, is the market leader in the
development and commercialization of biobased succinic acid and
derivatives including modified PBS, a biodegradable plastic offering
better heat resistance and process ability than other biopolymers.
BioAmber operates the world’s only dedicated biobased succinic acid
plant and has partnerships with market leaders including Cargill,
DuPont Applied Biosciences, Mitsui & Co. and Mitsubishi Chemical.
BioAmber is also leveraging its succinic acid experience and know-how
to develop a biobased adipic acid platform. The company has offices and
research labs in Minneapolis, MN, an office in Montreal, a sales office
in Shanghai, China and a production plant in Pomacle, France. For more
information, see www.bio-amber.com.
SOURCE BIOAMBER INC.