MINNEAPOLIS, MN, and READING, PA, June 4, 2013 /CNW Telbec/ - BioAmber
has partnered with Brenntag in the Americas for distribution of its
Bio-SATM bio-based succinic acid and derivatives, including bio-based 1,
Brenntag is the leading distributor in the Americas, servicing the
chemicals market with the broadest product portfolio in the industry
and covering the full range of markets for BioAmber's renewable
chemicals. Within these markets, Brenntag offers a complete line of
industrial and specialty chemicals and a broad array of services. Its
local focus and global presence provide BioAmber with access to
customers and markets across the Americas, while extending Brenntag's
product offerings to include BioAmber's portfolio of sustainable,
BioAmber is a leader in bio-based succinic acid and derivatives,
including bio 1,4-butanediol, and is currently supplying commercial
Bio-SATM from a European production facility. Given growing market demand for
its bio-based chemicals, BioAmber is going to expand capacity in 2014
in Sarnia, Canada with a 30,000 MT plant to serve the North American
and other markets. Brenntag is an important partner for market access,
logistics, technical expertise and application development, which will
help accelerate the commercial development of BioAmber's Bio-SATM and derivatives.
Made from renewable feedstock, Bio-SATM has a more favorable carbon footprint (field to gate) than petroleum
succinic acid and is one of the few bio-based chemicals currently
available at a commercial scale. BioAmber Bio-SATM can serve as a building block chemical for use in a range of
applications including polyurethanes, unsaturated polyesters, coating
resins, flavors, lubricants, plasticizers, deicers and solvents.
Michael DelliCompagni, Director of Sales and Sourcing, Brenntag says,
"Our partnership with BioAmber, the leader in bio-succinic acid and
derivatives including 1,4-butanediol, gives Brenntag the opportunity to
better serve our customer base in key markets including food,
pharmaceuticals, ACES, personal care and HI&I. Being a platform
chemical, BioAmber's bio-succinic acid offers a wide variety of
applications in everyday products. There is also a tremendous amount
of work being done around new applications across multiple markets.
Many customers are looking for price stability and recognize the value
of bio-based products. Bio-succinic acid and bio-based BDO will help
Brenntag to fulfill our customers' needs."
"Brenntag is the global leader in chemical distribution, and we are
confident that its broad market reach, technical expertise and logistic
capabilities will accelerate our commercial success in the Americas.
Brenntag's broad market access helps BioAmber to strengthen its
leadership position in one of the fastest growing bio-chemical
markets," states Babette Pettersen, BioAmber's Chief Commercial
Brenntag is the global market leader in full-line chemical distribution.
Linking chemical manufacturers and chemical users, Brenntag provides
business-to-business distribution solutions for industrial and
specialty chemicals globally. With over 10,000 products and a
world-class supplier base, Brenntag offers one-stop-shop solutions to
more than 170,000 customers. The value-added services include
just-in-time delivery, product mixing, formulation, repackaging,
inventory management, drum return handling as well as extensive
technical support. Headquartered in Mülheim an der Ruhr, Germany, the
company operates a global network with more than 450 locations in more
than 70 countries. In 2012 the company realized global sales of EUR 9.7
billion (USD 12.5 billion) with nearly 13,000 employees. For more
information, visit www.brenntag.com.
About BioAmber Inc.
BioAmber is a renewable chemicals company. Its proprietary technology
platform combines industrial biotechnology and chemical catalysis to
convert renewable feedstock into chemicals for use in a wide variety of
everyday products including plastics, resins, food additives and
personal care products. For more information visit www.bio-amber.com.
This press release contains forward-looking statements, which are
subject to substantial risks, uncertainties and assumptions. These
statements often include words such as "believe," "expect,"
"anticipate," "intend," "plan," "estimate," "seek," "will," "may" or
similar expressions. Although we believe that the expectations
reflected in the forward-looking statements are reasonable, we cannot
guarantee that the events and circumstances reflected in the
forward-looking statements will be achieved or occur and the timing of
events and circumstances and actual results could differ materially
from those projected in the forward- looking statements. Accordingly,
you should not place undue reliance on these forward-looking
statements. All such statements speak only as of the date made, and we
undertake no obligation to update or revise publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise.
SOURCE: BIOAMBER CANADA INC.
For further information:
Marketing & Planning Manager
Tel: +1 610 916 3858
Director of Sales and Sourcing
Tel: +1 610 916 3855
VP Business Development, Americas
Tel: +1 708 625 4488
The Trout Group, LLC
Tel: + 1 (646) 378-2947