BioAmber supply biobased succinic acid Faurecia-Mitsubishi JV

BioAmber to supply biobased succinic acid to Faurecia-Mitsubishi JV

5:14 AM, 7th November 2012
BioAmber to supply biobased succinic acid to Faurecia-Mitsubishi JV

MINNEAPOLIS, US: BioAmber will be the supplier of biobased succinic acid to Faurecia-Mitsubishi Chemical partnership for the production of automotive plastics. Faurecia has been conducting research into bioplastics derived from 100 per cent natural materials since 2006 (BioMat project) and has now signed an exclusive industrial partnership agreement with Mitsubishi Chemical Corporation to co-develop bioplastics designed for mass-production for use in automotive interiors. Faurecia plans to develop a full range of bioplastics, which are set to see a boom in 2015 to 2020.

The objective of the joint Faurecia-Mitsubishi Chemical programme is to develop a polymer that can be used in mass-production for automotive interior parts. Faurecia will hold exclusive rights to automotive applications of the specific polymers jointly developed under this project. This project builds on several years of development work carried out jointly with BioAmber, the leading specialist in bio-based succinic acid technology.

“This strategic agreement with Mitsubishi Chemical will make Faurecia the first automotive equipment supplier to mass-produce a 100 per cent bio-based plastic. We are confident about the future of this technology as a substitute for petroleum-based plastic components; indeed, it is one of the main thrusts of our strategic initiative bio-attitude,” said Nicolas Pechnyk, Vice President Engineering, Faurecia Interior Systems.

© WOC News 

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