News

Back

BioAmber Reports Third Quarter 2014 Financial Results

November 6, 2014
Minneapolis, MN, November 6, 2014. BioAmber Inc. (NYSE: BIOA), an industrial biotechnology company producing sustainable chemicals, today announced its financial results for the third quarter ended September 30, 2014.
Highlights included:
  • Sarnia project continues to be on budget and scheduled for mechanical completion in early 2015
  • A 15 year take-or-pay agreement was signed with Vinmar for at least 10,000 tons per year from Sarnia and 200,000 tons per year from two future succinic acid plants subject to their being built
  • A public offering of common stock was completed that raised $36 million in net proceeds
  • A bio-succinic acid supply contract was signed with Xuchuan, a leading global producer of polyols

The entire web version of the press release, with financial statements, is available here:
http://investor.bio-amber.com/2014-11-06-BioAmber-Reports-Third-Quarter-2014-Financial-Results

BioAmber Investor Contact
Mike Hartmann
Executive Vice President
514‐844-8000 Ext. 120
IW stats counter