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Markets :: Fine Chemicals/Biotech :: Industrial Biotech

Showa Denko Chooses Myriant to Supply  Succinic Acid for PBS Efforts

11:22 AM MST | January 25, 2012 | Rebecca Coons in San Diego

Showa Denko says it has selected Myriant (Quincy, MA) to supply biobased succinic acid for its polybutylene succinate (PBS) production. The deal endorses Myriant’s low-cost, feedstock-flexible technology platform, Myriant says. Financial terms were not disclosed. Showa Denko currently produces limited amounts of petroleum-based PBS in China, but did not disclose any plans to invest in additional manufacturing capacity. Mitsubishi Chemical is also looking to produce PBS, and last year formed a 50-50 joint venture with  PTT (Bangkok) to build a...

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