in this issue
Markets :: Fine Chemicals/Biotech :: Industrial Biotech
BioAmber secures $10-million loan for Sarnia plant
2:38 PM MST | February 19, 2014 | Rebecca Coons
BioAmber (Minneapolis), a renewable chemicals firm, announced today it has secured a CAD$10 million (US$9.0 million) interest-free loan from Agriculture Canada for BioAmber's 30,000 m.t./year biobased succinic acid plant, currently under construction at Sarnia, Ontario. The loan, which was secured through the Department's Agri-Innovation Program, will be reimbursable in equal yearly installments from 2015 to 2024. BioAmber Sarnia had previously received $35 million in support from government organizations including Sustainable Development...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee