BioAmber Inc. (BioAmber), formerly DNP Green Technology, Inc., incorporated on October 15, 2008, is an industrial biotechnology company, which produces sustainable chemicals. The Company's technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstocks into sustainable chemicals that are replacements for petroleum-derived chemicals, which are used in a range of everyday products, including plastics, resins, food additives and personal care products. Its geographical segments include Europe and North America. The Company sells its product, bio-succinic acid, to customers in a range of chemical markets. Bio-succinic acid is a biologically produced, chemically identical replacement for petroleum-derived succinic acid that can be utilized to produce derivative products, such as bio-based 1,4 Butanediol (1,4 BDO), and can substitute petrochemicals, such as maleic anhydride, phthalic acid and adipic acid in various applications. Its bio-based specialty chemicals can be used in multiple end-markets and applications, and serves as building blocks for a range of products used every day. Bio-succinic acid is used in various applications, including plasticizers, polyurethanes, resins and coatings, de-icing and coolant solutions, fine chemicals and lubricants, as well as anti-freeze solutions, coolants solvents, water treatment chemicals, laundry tablets and bath salts, artificial leather products, and foams made with recycled polyethylene terephthalate (PET).
The Company is engaged in developing over three distinct technologies, such as the production of succinic acid through fermentation; the conversion of succinic acid into 1,4 BDO, tetrahydrofuran (THF) and gamma-butyrolactone (GBL) by catalyst assisted hydrogenation reaction, and the production of adipic acid and other C6 chemical intermediates through fermentation and purification with or without catalytic conversion. The Company produces bio-succinic acid in a facility located in Sarnia, Ontario, which has a production capacity of over 30,000 metric tons of bio-succinic acid per year. Its product pipeline includes derivatives of bio-succinic acid and C6 building block chemicals. The derivatives of bio-succinic acid include 1,4 BDO and THF, and succinic acid-based polyesters. The uses of 1,4 BDO are in the production of THF and polybutylene terephthalate (PBT). THF is used to produce spandex fibers and other performance polymers, resins, solvents and printing inks for plastics.
PBT is an engineering-grade thermoplastic that combines mechanical and electrical properties with chemical resistance. The automotive and electronics industries rely on PBT to produce connectors, insulators, wheel covers, gearshift knobs and reinforcing beams. Polybutylene succinate (PBS) is a biodegradable polymer made by reacting succinic acid with 1,4 BDO and its applications range from single use in food service ware, including cutlery, cups and lids, agricultural mulching film and compostable bags. PBS is also used in combination with other biopolymers, such as polylactic acid (PLA), polyhydroxyalkanoate (PHA) and poly (3-hydroxybutyrate-co-3-hydroxyvalerate) (PHBV), and with petrochemical polymers, such as polypropylene, polystyrene and polycarbonate. The C6 building block chemicals include adipic acid, which is primarily used in the production of Nylon 6,6 fibers, plastics and resins; caprolactam, which is an intermediate used in the production of Nylon 6, and hexamethylenediamine (HMDA), which is an intermediate used to produce Nylon 6,6. The C6 building block chemicals are used in carpets, engineering plastics, textiles and fibers, films and polyurethanes.
3850 Annapolis Ln N Ste 180
The company headquarter is located in United States. The company was established in the 2015.| Ticker | BIOA |
| Long Name | BioAge Labs Inc. Common Stock |
| Short Name | BioAge Labs |