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Comment Business & Economics

BASF and CSM establish 50-50 JV for biobased succinic acid    

By Gerald Ondrey |

BASF SE (Ludwigshafen, Germany; www.basf.com) and Purac (Diemen, The Netherlands), a subsidiary of CSM (www.csmglobal.com), are establishing a joint venture (JV) for the production and sale of biobased succinic acid. The company will be named Succinity GmbH and will be operational in 2013. The establishment of Succinity GmbH is subject to filing with the relevant competition authorities. The company headquarters will be in Düsseldorf, Germany. BASF and CSM have been conducting research on succinic acid under a joint development agreement 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 bacterium used is Basfia succiniciproducens, which produces succinic acid through natural processes. It is capable of metabolizing a variety of renewable feedstocks into succinic acid. The new process combines high efficiency with the use of renewable raw materials and the fixation of the greenhouse gas carbon dioxide in the production of succinic acid. This makes biobased succinic acid an economically and ecologically attractive alternative to petrochemical raw materials. The demand for succinic…
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