Bioamber and Sinoven Partner for Biobased Succinic Acid

PR Newswire, Dec. 1, 2009

PRINCETON, NJ - Bioamber (a joint venture between DNP Green Technology and ARD) and Sinoven Biopolymers Inc. have signed a supply agreement for biobased succinic acid. Under the terms of the agreement, Bioamber will be Sinoven's exclusive supplier of biobased succinic acid, enabling Sinoven to produce renewable modified polybutylene succinate plastic (PBS).

Sinoven's revolutionary modified PBS has better performance than other biodegradable polymers sold today, with heat resistance above 100 degrees C, excellent strength properties and the ability to be processed in existing production equipment. Sinoven will be the first company to commercialize PBS with renewable content above 50%. Sinoven's modification technology has opened up new markets for PBS, fulfilling end user cost and performance requirements not currently met by other biodegradable polymers. Applications include foodservice coffee lids, cups, dishes, cutlery, straws and stirrers, as well as consumer use products such as disposable razors, writing instruments and cosmetics packaging.

"Affordable, biobased succinic acid is the key to renewable, high performance PBS that can cost effectively compete with today's petrochemical based plastics. Bioamber is the only company supplying commercial quantities of biobased succinic acid. This agreement will enable Sinoven to rapidly move into biobased commercial production and meet the needs of our customers." says Ray Balee, President and CEO of Sinoven. "The fact that the production of biobased succinic acid is a significant consumer, rather than producer, of harmful CO2 greenhouse gas is an added benefit for our customers".

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