Myriant Davy joint venture technology integration

Myriant and Davy joint venture for technology integration

3:03 PM, 8th June 2011
Myriant and Davy joint venture for technology integration
Dr Cenan Ozmeral, Chief Operating Officer, Myriant Technologies.

QUNICY, US: Myriant Technologies (Myriant) and Davy Process Technology (Davy), a Johnson Matthey company, announce that they have signed a Memorandum of Understanding (MoU) covering the use of succinic acid as a bio-derived feedstock for the production of  butanediol, tetrahydrofuran and gamma-butyrolactone.

 

“This agreement is an important step towards providing renewable feedstocks for 1,4 Butanediol producers and end users. Bio Succinic Acid produced by Myriant Technologies from renewable feedstocks should prove to be a valuable substitute for petroleum based maleic anhydride in the production of Butanediol,” said Dr Cenan Ozmeral, Chief Operating Officer, Myriant Technologies.

 

The MoU covers two areas of co-operation between Myriant and Davy, first the non-exclusive testing and approval of Myriant’s product succinic acid as a feedstock to the Davy process and second an exclusive Joint Development Agreement (JDA) with the purpose of integrating the Myriant bio succinic acid technology with the Davy butanediol technology to minimise the cost of recovery and purification of the succinic acid for the production of bio Butanediol.

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