December 18, 2008Princeton, New Jersey, December 18th, 2008 - DNP Green Technology and ARD are pleased to announce that their BioAmber Inc. joint venture has entered into an exclusive agreement with Basic Solutions for the development and commercialization of a new generation of bio-based runway de-icers. These innovative de-icers will deliver important performance improvements over existing products, while offering environmentally friendly solutions for airports.More
December 16, 2008
BioAmber Inc. announces world’s first bio-based succinic acid plant: helping to reduce dependence on fossil fuelsPrinceton, New Jersey, December 16th , 2008 - DNP Green Technology and ARD are pleased to announce that their BioAmber Inc. joint venture has obtained the necessary permits and begun construction of the world’s first production plant for bio-based succinic acid. The succinic acid plant will have an annual production capacity of 2,000 metric tons and will be integrated into an existing bio-refinery located in Pomacle, France. The plant, which is being financed by ARD at a cost of US $27m, will begin production in the fall of 2009. This technological milestone represents a significant step forward for renewable, bio-based chemistry and it will help reduce the world’s dependence on fossil fuels.More
April 25, 2008Pomacle-Bazancourt, France, and New York City, April 25, 2008 – After signing a letter of intention in December 2006, ARD and DNP Green Technology announced that they had officially launched a joint venture called Bio-amber. The mission of this company, in which each partner holds 50% of the shares, is to generate on a global level commercial activities involving the technology for producing succinic acid of vegetable origin and all its derivatives.More
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