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.
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