DOE and other third-party studies have identified biobased succinic acid as a priority among the top 12 chemicals by market size that can be derived from biomass. Succinic Acid is used in a variety of applications including plastics, fibers, polyesters and pigments.
Myriant’s production of biobased succinic acid will utilize both local sorghum and carbon dioxide (CO2) to displace petroleum-based feedstocks, using less energy than its petroleum alternative. In addition to the energy savings, by consuming CO2 rather than producing it via oil refining methods, Myriant’s process reduces lifecycle greenhouse gas emissions.
Stephen Gatto, chairman and CEO of Myriant, said: “We are grateful for the validation of our technology embodied in the award by the DOE. We applaud their recognition of the importance of biobased chemicals as a leading component of biorefineries. Our succinic acid platform provides a ‘win-win’ solution in terms of cost, environmental benefits and reduction in our dependence on imported oil and puts critical jobs to work right here in the US.
“The Port and the State of Louisiana have been extraordinary partners, and we expect the site, immediately adjacent to the Mississippi River, to be the foundation of a large biotech corridor in Louisiana. We’re very excited about bringing this technology and over 250 construction and full time operating jobs to the community.”
