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Tuesday, 08/23/2022 5:44:54 PM

Tuesday, August 23, 2022 5:44:54 PM

Post# of 149162
Sinoven, which has a sales office in Philadelphia and a manufacturing and formulation development facility in Shanghai, will also expand DNP's reach into China. Sinoven will also now have access to succinic acid and 1,4 butanediol produced by DNP Green; a supply arrangement it believes will drive down the cost of its modified PBS. DNP, which has offices in Princeton, NJ and Montreal, has formed a joint venture called Bioamber to scale up and commercialize its succinic acid technology. - DNP acquires Sinoven


I'm unable to confirm if Sinoven in Shanghai, China is partnered with Qingdao Great Chemical Inc in Shangdong, China.

Also unable to confirm if Bioamber retains their 100% ownership of Sinoven after LCY/Visolis' investment.

But as posted before, Qingdao Great Chemical Inc is Visolis/Rechemtex's bio-succinic acid supplier.

It also appears Sinoven (even as a Bioamber subsidiary) survives as seperate entity, per opencorporates.com
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