14 September 2011 16:58 [Source: ICIS news]
LONDON (ICIS)--BioAmber has been selected as a partner to build a 65,000 tonne/year biobased succinic acid plant in Thailand, the US-based renewable chemicals company said on Wednesday.
It will be built next to PTT MCC Biochem's (PTTMCC) polybutylene succinate (PBS) plant at Map Ta Phut in Rayonthe, Thailand.
Construction of both plants will begin in 2012 and they are expected to come on line in 2014. Financial costs were not disclosed.
BioAmber said that PTTMCC plans to take an interest in its succinic acid plant and secure offtake for a portion of the plant's capacity.
The company added that it plans to produce 50,000 tonnes/year of biobased 1,4-butanediol on site, using technology licensed from US-based producer DuPont.
BioAmber will get help from PTTMCC to secure biomass for the plant, it said.
"Partnering with BioAmber will allow PTTMCC to have competitive biosuccinic acid from a local source by 2014," said Shigeru Handa, general manager of Mitsubishi Chemical's sustainable resources business development department.
"BioAmber's commitment to building a large-scale plant in
BioAmber CEO Jean-Francois Huc said: "With its strong patent portfolio, PTTMCC Biochem is poised to be the dominant player in biobased PBS”.
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