Evonik/BioAmber: Long Term Cooperation
Evonik Industries’ Catalysts Business Line recently agreed with US based BioAmber Inc., Plymouth, Minnesota, USA, on a long term cooperation for the development and manufacturing of catalysts for making BDO (1,4- butanediol), THF (tetrahydrofuran) and GBL (gamma – butyrolactone) from bio-based succinic acid. BDO, THF and GBL are large volume industrial chemicals used in a range of applications including polymers, paints, adhesives and solvents. The global market for these products currently made from petrochemicals is USD 4 billion.
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