Myriant, Davy Process Technology Sign MOU

Biochemical maker Myriant Technologies says it has signed a memorandum of understanding (MOU) with Davy Process Technology (DPT; London), a Johnson Matthey subsidiary, covering the use of Myriant’s biobased succinic acid in DPT’s butanediol, tetrahydrofuran, and gamma-butylolactone process technology. The MOU covers the non-exclusive testing and approval of Myriant’s succinic acid as feedstock for the DPT process and an exclusive joint development agreement to integrate Myriant’s biobased succinic acid technology with Davy butanediol technology....

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