Biobased succinic producers priced out by cheaper, petrochemical-based producers [Registered]
The biosuccinic acid market has gone through a marked change over the past five years, from being the young, rising star of the biobased chemical building blocks industry into one having to confront competitively produced succinic acid from a petrochemical feedstock.
Canada – Sugar beet production to expand in Ontario to serve biosuccinic acid producer [Registered]
Ontario farmers will need to quadruple the province’s sugar beet acreage if plans for a new processing plant at Sarnia move forward, according to local press reports. The new plant will serve not only to produce sugar but also supply it as a feedstock to a biobased succinic acid producer in the area.
New Reverdia patents strengthens licensing of its biobased succinic acid technology [Registered]
Reverdia’s Biosuccinium is a drop-in replacement for fossil-based succinic acid that is used in a variety of industry applications, such as solvents, pigments, food flavors and the emerging market for biodegradable polybutylene succinate (PBS). The availability of biobased succinic acid will also open new applications like (non-phthalate) plasticizers, resins and polyester polyols for polyurethanes.