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Chemical Week Magazine :: Business & Finance :: Europe/Mideast
BASF, CSM to produce biosuccinic acid, plan commercial unit
9:08 AM MDT | October 12, 2012 | —Natasha Alperowicz
BASF and CSM (Diemen, Netherlands) say they will form an equally owned joint venture to produce biobased succinic acid. The news follows three years of research into the project and the announcement, last year, that the companies were considering a jv. BASF and Purac, a subsidiary of CSM, are in the process of establishing the jv, which will be called Succinity (Düsseldorf) and will begin operations in 2013. BASF and CSM have been conducting research into succinic acid under a joint development agreement since 2009. The complementary strengths in...
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