29 June 2010 23:50 [Source: ICIS news]
WASHINGTON (ICIS news)--US major DuPont has made a deal with the biosuccinic acid joint venture Bioamber, a chief executive of one of the partner companies said on Tuesday.
Bioamber is made up of US-based DNP Green Technology and France-based ARD (Agro-industrie Recherches et Developpements).
The deal would centre on succinic acid, said Jean Francois Huc, chief executive of DNP Green.
Huc made his comments on the sidelines of the BIO World Congress on Industrial Biotech and Bioprocessing in Washington.
Huc said more information about the deal would be released next week.
"We have several other bio-based succinic acid collaboration deals with major chemical companies on the pipeline, which will also be announced soon," he said.
Bioamber is producing biosuccinic acid at its 2,000 tonne/year plant in Pomacle, France.
Two bio-succinic acid plants - each with initial capacities of 25,000-30,000 tonnes/year - are in the planning stage, Huc said. One would be in North America and the other would be in Asia.
The BIO World Congress on Industrial Biotech and Bioprocessing ends on Wednesday.
To discuss issues facing the chemical industry go to ICIS connect
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|