Vision & Mission
THERE'S A PERFECT SUBSTITUTE TO PETROCHEMICALS FOUND IN EVERYDAY PRODUCTS. BIOAMBER PRODUCES IT ECONOMICALLY AND IN AN ENVIRONMENTALLY RESPONSIBLE MANNER. IT'S TIME FOR GREENER CHEMISTRY. MAKE A DIFFERENCE.
Our Mission is to be a fast growing producer of chemical intermediates that uses sugars instead of fossil fuels and sells competitively priced, sustainable chemicals with strong profit margins and the cleanest environmental footprint in the industry.
Health, Safety & Environment (HSE) Excellence: Our Commitment
BioAmber's goal is to ensure a safe and healthy working environment that benefits our employees, contractors, customers, shareholders and the communities in which we operate and sell our products. We strive to make innovative, sustainable chemicals profitably and responsibly.
From January 2010 to December 2014, BioAmber produced bio-based succinic acid in a large-scale demonstration facility in France. The facility is owned by ARD and it has a 350,000 liter fermenter, which at 50 feet in height is among the largest in the bio-based chemicals industry. BioAmber operated this facility through a toll manufacturing agreement with the owner. Over the five year period BioAmber qualified itself with a number of customers, sold succinic acid to a variety of companies, developed new applications for succinic acid, and improved and optimized the engineering design of the manufacturing process.
BioAmber is currently constructing the world’s largest succinic acid plant in Sarnia, Canada. The facility has a nameplate capacity of 30,000 tons per year and is being built at a cost of $125 million. Construction is expected to be mechanically complete in early 2015. BioAmber is building the plant with Mitsui & Co, which is a 30% owner of the joint venture that will own and operate the Sarnia plant. 50% of the capacity has been sold under take-or-pay contracts, and the remainder of the capacity has been committed to various customers having signed supply agreements.
Beyond Sarnia, BioAmber is planning to build a second world-scale plant in North America that will produce both 1,4-butanediol (BDO) and succinic acid. The nameplate capacity is expected to be 100,000 tons of BDO and 70,000 tons of succinic acid per year. BioAmber has signed take-or pay contracts for approximately 90% of the nameplate capacity of this second plant, which is expected to start up in late 2017 or early 2018.
BioAmber’s leadership position has been built with several strategic partnerships, joint ventures and collaborations.
BioAmber is committed to making greener chemistry a reality. Through in-house development, open innovation and partnerships, BioAmber has grown into a market leader in the field of bio-based chemicals. We are honored to be recognized for work we intrinsically value.