ENGINEERINGNET.EU -- The German Lanxess group is strengthening its commitment to renewable raw materials by investing USD 10 million in U.S. company BioAmber. This company produces succinic acid through the fermentation of renewable raw materials.
The process developed by BioAmber consumes considerably less energy than the production of succinic acid using fossil fuels. ‘It also is significantly more cost-effective and has a better carbon footprint,’ states Lanxess in a press release.
In the future, the company plans to use waste from the agriculture industry and sugarcane processing as starting materials.
BioAmber was founded in October 2008 and has 40 full-time employees.
(picture : Lanxess)
BACKGROUNDER
BioAmber manufactures bio-based succinic acid in Pomacle, France, at a plant with 3,000 metric tons of capacity per year. The company plans to add a further 17,000 metric tons of capacity from 2013 with a new world-scale manufacturing facility to be built in Canada at Lanxess ' site there.
