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Thursday, 23 June 2011

BioAmber Wins EPA Presidential Green Chemistry Award

BioAmber has won a prestigious 2011 Presidential Green Chemistry Challenge Award, presented by the US Environmental Protection Agency (EPA) and the American Chemical Society (ACS).  

The Award promotes technology that provides substantial environmental benefits using green chemistry.  BioAmber was recognised for their first-to-market position in succinic acid, a biobased chemical with a wide range of innovative applications that competes on cost with fossil fuel derived succinic acid and which also sequesters carbon dioxide rather than emitting it.
Accepting the award, Jim Millis, BioAmber’s Chief Technology Officer, said, “BioAmber has successfully combined biotechnology and chemistry to develop a sustainable, cost-competitive process for making succinic acid and derivatives that include butanediol. We are pioneers in biobased chemicals and materials and we are honored that the EPA and ACS have recognised our accomplishments and leadership in the field of succinic. Our success story is a great example of open innovation and we accept this award on behalf of all our development partners.”

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