Photo/effects by |Zach Neal. |
From the
Sarnia Observer.
Bio-succinic
acid that’s made in Sarnia is expected to be shipped to China and South Korea
in 2017 to help open new markets there.
The
building-block chemical – used in plastics, lubricants, paint, cosmetics, food
additives and other products – is made from corn syrup by Montreal-based
BioAmber at a $141-million Sarnia plant completed in 2015.
It was
announced this week that product from that plant is to be sold to a Korean
company that BioAmber is planning to partner with in Asia.
The two
companies announced plans to establish a joint venture in China to produce up
to 36,000 metric tons of bio-succinic acid annually to sell in Asia.
BioAmber's
partner in the joint venture, CJ CheilJedang (CJCJ) is also set to purchase
succinic acid from Sarnia to develop markets in China and South Korea in the
first half of 2017, according to a news release.
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