OTCPK:BIOAQ - Post by User
Post by
Rocky7777on Feb 15, 2018 12:21am
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Post# 27562794
Manufacturing Facility
Manufacturing Facility BioAmber Inc. operates the world’s largest succinic acid plant in Sarnia, Canada. The facility has a nameplate capacity of 30,000 tons per year and was built at a cost of $141 million. Construction was completed in 2015.
Beyond Sarnia, BioAmber Inc. is planning to build a second world-scale plant in North America that will produce 1,4-butanediol (BDO), tetrahydrofuran (THF) and succinic acid. The nameplate capacity is expected to be 100,000 tons of BDO/THF and 70,000 tons of succinic acid per year. BioAmber Inc. has signed take-or pay contracts for approximately 80% of the nameplate capacity of this second plant, which is expected to complete construction in late 2018.