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Latest Sarnia Stories

2014-08-07 16:22:32

MINNEAPOLIS, MN, Aug. 7, 2014 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced its financial results for the quarter ended June 30, 2014. Highlights for the quarter included: -- Sarnia project continues to be on budget and scheduled for completion in early 2015 -- An additional CDN$27 million in non-dilutive financing was secured for the Sarnia project: a CDN$7 million grant and a...

2014-07-07 16:21:58

Vinmar commitment is for 210,000 tons of succinic acid per year when three plants operational -- Contract guarantees sale of 10,000 tons per year for 15 years from Sarnia plant in construction -- 50% of Sarnia capacity is under take-or-pay, with total contracted demand exceeding capacity -- Previously announced 100,000 ton per year BDO plant will be expanded to also produce 70,000 tons per year of succinic acid, with Vinmar off-taking 100% of...

2014-07-02 12:23:27

MINNEAPOLIS, MN, July 2, 2014 BioAmber Inc. (NYSE: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced that its Canadian subsidiary BioAmber Sarnia Inc., a Joint Venture with Mitsui & Co., has secured a CDN $7 million grant from Sustainable Development Technology Canada (SDTC). The funds will be used to support the ongoing construction of the CDN$135 million (US$125 million) bio-succinic acid plant that is under construction in Sarnia...

2014-06-23 08:23:01

MINNEAPOLIS, MN, June 23, 2014 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced that its Canadian subsidiary BioAmber Sarnia Inc., a joint venture with Mitsui & Co., has secured a CAD$20 million commercial loan from a financial consortium led by Export Development Canada and including Farm Credit Canada and Comerica Bank. The CAD$20 million senior secured loan will bear interest at an initial rate of...

2014-04-10 16:21:10

SARNIA, ON, April 10, 2014 /CNW/ - As part of its routine maintenance, Sunoco Logistics has been making repairs to its equipment located within Sun-Canadian Pipe Line's Sarnia station. In order to safely make the repairs, it is necessary for Sunoco Logistics and their contractor to conduct flaring. This flaring began at noon today. A Code 8 was issued in the evening of April 9, 2014 in advance of the scheduling of the flare activity. "We are working in collaboration with Sunoco...

2014-03-13 16:23:42

MINNEAPOLIS, MN, March 13, 2014 /PRNewswire/ - BioAmber Inc. (NYSE and EURONEXT Paris: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced its financial results for the fourth quarter and year ended December 31,( )2013. Highlights included: -- Sarnia project made significant construction progress and incurred costs were on budget -- Bio-succinic acid, or Bio-SATM, sales increased by 16% in the year...

2014-02-19 16:21:45

The loan is a significant milestone for the Sarnia plant and contributes important capital All amounts are in Canadian dollars. SARNIA, ON, Feb. 19, 2014 /PRNewswire/ - BioAmber Inc. (NYSE and EURONEXT Paris: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced that its subsidiary BioAmber Sarnia Inc. has secured a $10 million interest free loan from Agriculture Canada for the 30,000 MT succinic acid plant currently under construction...

2013-10-31 23:25:34

Germany-based specialty chemicals company LANXESS has extended a long-term agreement with NOVA Chemicals Corporation to supply crude C4 as a raw material for LANXESS’ North American asset base. Pittsburgh, PA (PRWEB) October 31, 2013 Germany-based specialty chemicals company LANXESS has extended a long-term agreement with NOVA Chemicals Corporation (NOVA) to supply crude C4 (cC4) as a raw material for LANXESS’ North American asset base. Financial details were not disclosed. NOVA’s...


Word of the Day
barghest
  • A goblin in English folklore, often appearing in the shape of a large dog and believed to portend imminent death or misfortune.
  • A ghost, wraith, hobgoblin, elf, or spirit.
The origin of 'barghest' is not known, but it may be from perhaps burh-ghest, town-ghost, or German Berg-geist (mountain spirit) or Bär-geist (bear-spirit).
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