Another Advance in Our Commercialization Strategy for Bio-Succinic Acid and its DerivativesJune 12th, 2013 | Posted by in Myriant in the News
We have more news that not only further demonstrates Myriant can deliver on its overall strategy but that when it comes to carbon efficiency it can be done to amazing levels of environmental efficiency. In this instance, we’re talking about the recently announced success of Myriant and the UK’s Johnson Matthey – Davy Technologies in the production of market grade, bio-based butanediol (bio-BDO) at a commercially competitive cost level and with superior carbon efficiency. How efficient? This bio-butanediol has an over-all carbon efficiency of 87%, far exceeding the levels achieved in the direct fermentation route to bio-butanediol.
But please don’t overlook the other qualifiers in that previous sentence… market grade and commercially competitive cost. These are qualities now verified by the global leader in bio-BDO as specifically addressed in this statement from Antoine Bordet, Managing Director at Davy Technologies: “We have provided process technologies based on petroleum feedstocks to the butanediol markets globally for 25 years and understand what it takes to be competitive from a cost and quality point of view. The Davy Technologies butanediol technology, which has undergone significant improvements over the past 10 years, can now be offered with process and performance guarantees to produce commercial grade bio-butanediol, tetrahydrofuran and gamma-butyrolactone equivalent to the petrochemical material that is currently produced in commercial plants that utilize the technology, from Myriant’s bio-succinic acid at a commercially competitive cost level.”
It should be becoming more and more clear that Myriant has the big three in hand: great science, tremendous technology, and a powerful commercialization capability that meets or exceeds demand factors for cost and quality. Now with Johnson Matthey-Davy Technologies providing process and performance guarantees for bio-BDO produced from our bio-succinic acid we have gained immediate entrance into yet another large global market.