BioAmber starts commissioning of Sarnia acid plant
Start-up expected to take up to five months.
MINNEAPOLIS — BioAmber Inc. has initiated commissioning activities for its bio-succinic acid plant in Sarnia, Ont.
The industrial biotechnology company said commissioning and start-up is expected to take up to five months, with the facility being in commercial operation in Q3 2015.
The company expects construction to be completed in two months and it is carrying out commissioning and start-up activities in parallel. It said the project’s costs are on track with the budget estimate of $125 million.
The Sarnia plant will be the world’s largest succinic acid manufacturing facility, with an annual capacity of 30,000 metric tons. BioAmber has signed take-or-pay agreements with Vinmar and PTTMCC (a joint venture between PTT PLC and Mitsubishi Chemical) for volumes of over 5,000 metric tons in 2015 and 15,000 tons in each of 2016 and 2017.
It has also signed a number of supply agreements with non-binding volume commitments that collectively exceed the available capacity in the plant.
BioAmber, based in Minneapolis, is a manufacturer of sustainable chemicals.