(BASF) -- BASF SE and Purac, a subsidiary
of CSM nv, today announce the start of negotiations to form a joint venture for
the production of bio-based succinic acid. The companies have been conducting
research under a joint development agreement on bio-based succinic acid since
2009. The complementary strengths in fermentation and downstream processing led
to the development of a sustainable and highly efficient manufacturing process
based on a proprietary microorganism. The demand for succinic acid is
anticipated to grow strongly in the next years. Main drivers are expected to be
bioplastics, chemical intermediates, solvents, polyurethanes and
plasticizers.
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