Myriant and Azelis Sign European Distribution Agreement for Bio-Succinic Acid
Myriant Corporation, QUincy, MA/USA, a global renewable chemicals company, announced the signage of a distribution agreement with Azelis Group, Antwerp, Belgium, a specialty chemicals distribution leader. Azelis is now distributing Myriant’s bio-succinic acid in the Nordics, Benelux, France, Iberia, Italy, the United Kingdom and Ireland, targeting customers in the industrial and base chemicals markets.
Myriant currently supplies bio-succinic acid from its flagship facility located in Lake Providence, Louisiana, with nameplate capacity of 30 million pounds per year. Globally, the annual worldwide market for succinic acid is estimated at approximately USD 7.5 billion in existing and new applications, in the field of polymers, urethanes, plasticizers and coatings. Myriant's high purity bio-succinic acid is made from renewable feedstocks and is chemically equivalent to petroleum-based succinic acid while providing a lower environmental footprint. Myriant’s bio-succinic acid reduces harmful green house gas emissions by 94% compared to petroleum-derived succinic acid and by 96% compared to petroleum-derived adipic acid, a chemical that succinic acid can replace.
“We are delighted to partner with Myriant for this leading and exciting new generation product,” said Laurent Nataf, COO Azelis. “Myriant further strengthens Azelis’ offering in the renewable resources based chemistry for production of more sustainable polymers. We are currently experiencing a growing demand for sustainable products and we believe Myriant will be a part of sourcing these new renewable chemicals.”
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