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People & Business :: Emerging Companies

Mitsubishi Chemical Taps BioAmber for Succinic Acid

2:16 PM MST | November 15, 2011 | Rebecca Coons

Biobased succinic acid producer BioAmber (Minneapolis) and its Asian distributor Mitsui & Co have has signed a deal to be the exclusive succinic acid supplier to Mitsubishi Chemical. The three companies will also conduct a feasibility study for a succinic acid production facility adjacent to Mitsubishi’s planned polybutylene succinate (PBS) plant in Thailand. "Our partnership with BioAmber is an integral part of our PBS market development strategy," said Shigeru Handa, General Manager of Mitsubishi Chemical's Sustainable Resources Business...

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