DaniMer, Myriant JV eco-friendly, cost-effective bio-materials

DaniMer, Myriant JV for eco-friendly, cost-effective bio-materials

11:30 AM, 2nd April 2012
DaniMer, Myriant JV for eco-friendly, cost-effective bio-materials
Stephen J Gatto, Chairman and CEO, Myriant.

BAINBRIDGE/QUINCY, US: DaniMer Scientific and Myriant have formed a strategic alliance focused on delivering innovative, cost-effective bio-based materials to the marketplace. As part of the strategic alliance, DaniMer will utilize Myriant’s bio-succinic acid for the production of high-performance, bio-based polymers used to make a broad range of sustainable, eco-friendly products. According to a 2011 report by Pike Research, ‘green chemistry’ will reach a market opportunity of approximately $98 billion by 2020.

“We are delighted to formalize our alliance with DaniMer and we look forward to collaborating with them on the integration of our bio-succinic acid into their production process for eco-friendly polymers. Moreover, Myriant continues to demonstrate that our cost advantaged and innovative technology platform is setting the industry standard for the production of high-value, bio-based chemicals that seamlessly drop into chemical production processes as a reliable and cost-advantaged substitute for petroleum-based chemicals,” said Stephen J Gatto, Chairman and CEO, Myriant.

© WOC News

0 Comments

Login

Your Comments (Up to 2000 characters)
Please respect our community and the integrity of its participants. WOC reserves the right to moderate and approve your comment.

Related News


BASF to strengthen global oilfield and mining business

LUDWIGSHAFEN, GERMANY/HOUSTON, US: Through a new organizational set-up BASF will in future align its global oilfield and mining solutions business eve ...

Read more
Linde to construct and supply gases to Sadara’s HyCO facility

MUNICH, GERMANY: The Linde Group and Sadara Chemials have signed a long-term contract that will see Linde supply Sadara with carbon monoxide (CO), hyd ...

Read more
Total successfully contains gas leak in Elgin field

ABERDEEN, UK: Total provided details of the scale of its work to control the release of non-toxic gas from the G4 well on the Elgin field platform and ...

Read more
Yara invests $40 million in IC Potash

OSLO, NORWAY: Yara has made a strategic investment of approximately $40 million in IC Potash Corp (ICP) and has entered into an off-take arrangement f ...

Read more
Bayer acquires remaining stake in Baule

LEVERKUSEN, GERMANY: Bayer MaterialScience acquired the remaining shares in the 50:50 systems house joint venture Baule from EXIMIUM SAS and other sha ...

Read more
DuPont, Trina Solar JV for polyvinyl fluoride films

DELAWARE, US/JIANGSU, CHINA: DuPont recently signed two strategic cooperation agreements with Changzhou Trina Solar Energy Ltd. The agreements cover t ...

Read more