US BioAmber chosen to build biosuccinic acid plant in Thailand

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.

BioAmber will supply PTTMCC with succinic acid, the principal starting material for the production of PBS, along with 1,4-butanediol, on an exclusive basis, it added.

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.

PTTMCC is a 50:50 joint venture between Thailand’s petrochemical major PTT and Japan-based producer Mitsubishi Chemical.

"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 Thailand will benefit our company and represents a major investment in Thailand by a leading US-based renewable chemicals company," said PTTMCC managing director Worawat Pitayasiri.

BioAmber CEO Jean-Francois Huc said: "With its strong patent portfolio, PTTMCC Biochem is poised to be the dominant player in biobased PBS”.

By: Franco Capaldo
+44 (0)20 8652 3214

AddThis Social Bookmark Button

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.

Printer Friendly