24 July 2012 10:24 [Source: ICIS news]
Correction: In the ICIS story headlined “Germany's Evonik partners US BioAmber to develop, produce catalysts” dated 24 July 2011, please read in the first paragraph…catalysts that will be used to convert bio-based succinic acid to 1,4-butanediol (BDO), tetrahydrofuran (THF) and gamma-butyrolactone (GBL)…instead of … catalysts from bio-based succinic acid…A corrected story, with a recast second paragraph, follows.
SINGAPORE (ICIS)--Evonik has signed a deal with US-based BioAmber for the development and production of catalysts that will be used to convert bio-based succinic acid to 1,4-butanediol (BDO), tetrahydrofuran (THF) and gamma-butyrolactone (GBL), the German specialty chemicals manufacturer said on Tuesday.
BDO, THF and GBL are industrial chemicals used in applications including polymers, paints, adhesives and solvents, Evonik said a statement.
The company is also planning to build additional succinic acid and BDO plants with Japanese chemical firm Mitsui & Co.
Financial details of the partnership were not disclosed.
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|
Asian Chemical Connections