"Mr Lee says LCY plans to investigate alternative bio-C2 to C5 feedstock as raw materials, replacing petroleum oil for LCY’s current portfolio of products such as TPE, PP, solvents, and methanol derivatives. LCY is also looking to further developments in bio green products including bio-plastics and bio-fuels."
Anybody else wondering if Bioamber's bio-succinic acid & bdo are being vertically integrated with lcy chemical's production of their performance plastics, elastomer solutions & solvent products? if they are, wouldn't it be safe to assume LCY is not worried about global demand fluctuations of bio succinic acid, as they would be using what they produce?
On another note, I do feel for the 30 people LCY Biosciences laid-off per the Jan 26th article. If the 30 people are in Sarnia, hopefully Origin Materials would consider employing them after (coincidentally) announcing on Jan 27th their 1st plant is "mechanically complete".
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