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DSM & Roquette: bio-based succinic acid JV

By Gerald Ondrey |

Royal DSM N.V. (Heerlen, the Netherlands; www.dsm.com) and Roquette Frères (Lestrem, France; www.roquette.com) have signed a joint-venture (JV) agreement for the production, commercialization and market development of bio-based succinic acid, subject to regulatory approvals and notifications. The formation of the JV is a new step following the successful cooperation between DSM and Roquette pursuant to a joint development agreement (“JDA”). Since early 2008 the two companies have been working together to develop the best and most sustainable fermentative technology to produce bio-based succinic acid. The first testing volumes of this renewable and versatile chemical building block — used in the manufacture of polymers, resins and many other products — have already been produced in a demonstration plant in Lestrem (France) that was built in 2009. The positive results from this cooperation have led to the establishment of the joint venture. DSM and Roquette will each have a 50% stake in the new entity, Reverdia V.o.f., which will be headquartered in the Netherlands. At the 7th annual World Congress on Industrial Biotechnology, taking place this week in Washington D.C., DSM and Roquette will elaborate…
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