06 November 2012 15:56 [Source: ICIS news]
LONDON (ICIS)--BioAmber is to supply biobased succinic acid to an automotive bioplastics development programme between ?xml:namespace>
“The objective of the joint Faurecia-Mitsubishi Chemical programme is to develop a polymer that can be used in mass-production for automotive interior parts," they said in a statement.
“The joint development will start by modifying Mitsubishi Chemical’s patented biomass-derived poly-butylene succinate (PBS) and ultimately target to be produced from 100% bio sources.”
BioAmber is a US-based renewable chemicals company while Faurecia is listed on the NYSE Euronext Paris stock exchange.
No financial details were disclosed.
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