BioAmber Inc Overview
Company Headquarters: Minnesota, US
Founded: 2008
Workforce: ~NA
Company Working: BioAmber Inc (BioAmber) is an industrial biotechnology company that produces and sells renewable chemicals worldwide. Its primary product includes bio-based succinic acid synthesized by fermenting the renewable feedstock such as sugar or cereal. Other chemicals that are produced are bio-disodium succinate and bio-1,4-butanediol. Its products find applications in flavors & food, de-icing, heat transfer fluids, lubricants, personal care, plasticizers, polymers, polyurethanes, resins & coatings, and solvents.
Strategy
BioAmber is focusing on expansion by making strategic distribution agreements and leveraging its expertise in the succinic acid technology. It is also planning to license out its existing technology and get a license for new renewable succinic acid derivatives.
