The bio-succinic acid producer start-up BioAmber recently announced that it is planning to build a 100,000 ton/year bio-BDO plant somewhere in North America to be commissioned in 2017. The company has signed a take-or-pay contract with Vinmar International who will purchase 100% of the bio-BDO produced at the new plant for 15 years. Under the contract BioAmber is obligated to sell exclusively to Vinmar, a privately held marketing, distribution and project development company based in Houston, Texas. Vinmar also plans to invest in the BDO plant, taking a minority equity stake of at least 10%. As part of the deal,… Login to continue

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