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BioAmber receives $6.6-million grant for Sarnia plant

7:25 AM MDT | July 3, 2014 | Rebecca Coons

Biobased succinic acid firm BioAmber Inc. (Minneapolis) says that its Canadian subsidiary BioAmber Sarnia Inc., a joint venture with Mitsui & Co., has secured a CDN $7 million ($6.6 million) grant from Sustainable Development Technology Canada (SDTC).  The funds will be used to support the ongoing construction of the CDN$135 million biobased succinic acid plant that is under construction in Sarnia Ontario. This grant comes in addition to the $7.5 million grant that SDTC provided to BioAmber Sarnia in 2012.   BioAmber secured this additional...

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