Myriant announced yesterday about getting the green signal of building what they claimed as the world’s largest biobased succinic acid plant at the Port of Lake Providence, Louisiana.
As announced before, the 392,000 sq. ft. plant will have a capacity of up to 30m lbs/year (13,612 tonnes/year) of succinic acid using feedstock sorghum and carbon dioxide. The construction is expected to last for 18 months which will begin in early 2011. The project is expected to create 176 new direct and indirect jobs (not including at least 250 construction workers) representing a capital investment of around $80m.
The US Department of Energy (DOE) awarded $50m for the project, which would also benefit from port funding by the state and from a state tax and payroll rebate program, according to the governor of Louisiana.
As previously reported by the blog, competitors BioAmber and DSM are also looking to build their own bio-succinic acid plant in other regions. We just have to wait and see if these companies will usurp Myriant’s position in planning to have the largest bio-succinic acid plant in the world.