BioAmber Inc. BIOAQ

Chemicals Basic Materials

BioAmber Inc is an industrial biotechnology company producing renewable chemicals. The company's proprietary technology platform combines industrial biotechnology and chemical catalysis to convert bio-based feedstocks into renewable chemicals that are cost-competitive replacements for petroleum-derived chemicals used in a wide variety of everyday products including plastics, resins, paints, food additives and personal care products. BioAmber produces bio-succinic acid at a facility in Sarnia, On

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BioAmber Inc. > 1:00 PM - Canadian mid-caps Jerome Hass, Portfolio manager,

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Comment by dns236on Oct 04, 2017 4:54pm

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Post# 26777544

RE:1:00 PM - Canadian mid-caps Jerome Hass, Portfolio manager,

Jerome Hass has sold his holdings in BioAmber!

Summary from stockchase.com

Produces succinic acid, an intermediate product that can be used in things like plastic, artificial leather, etc. The asset is generally made in Asia and from petroleum products, but they make theirs from industrial sugars, which is generally cheaper than that made from petroleum. They just haven’t executed on anything, so it has been one of the worst investments he has had this year. He questions if they will stay in business.

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