BioAmber Inc fka BIOAQ

[bioaq_sh]

THAILAND: THE HUB OF BIO-PLASTICS, (Refer to Page 9)

Per the pie chart on Page 9:

The Grey slice of the chart (on Page 9) indicates PTTMCC received a THB 3.17 Billion investment (approx USD 95 Million) for a BSA (bio-succinic acid) plant w/ a 34,000 ton capacity. I believe Bioamber is the only BSA plant in the world with 34,000tpa capacity. PTTMCC ultimately purchased Myriant's IP & Louisiana which only had 13,600 tpa capacity for an undisclosed amount. Anybody have a clue as to why was Bioamber's plant seemingly referenced in this pie chart? And did Bioamber ever receive an investment totalling approx $USD 95 million from either Thailand and/or PTT MCC.

The Purple slice of the chart (on Page 9) indicates PTTMCC received a THB 3.24 Billion investment (approx USD 97 million) for a BDO plant w/ a 45,000 ton capacity. To my understanding no such bio-bdo plant w/ 45,000 tpa existed, However one was being planned per the March 14, 2014 link and summary below:

https://processdesign.mccormick.northwestern.edu/index.php/Design_S2
- "Bio-succinic acid can be easily used in the Davy process as a substitute for maleic acid to form the end product, BDO (Nexant.com). It is this process that Team S2Kool4Skool has chosen to develop for a new bio-butanediol plant, because the Davy method is mature and requires no new innovations, and because an appropriate feedstock of bio-succinic acid is now available. The plant will be located in East Carroll Parish, Louisiana. This county is also home to Myriant; located in Lake Providence, they are the largest domestic provider of bio-succinic acid. Furthermore, Lake Providence is conveniently located on the Mississippi River, which will allow for affordable transportation of our bio-based butanediol product. The intent of this project is to produce 45,000 metric tonnes of 99.5 wt% 1,4-butanediol per year in a new plant in Lake Providence, LA. - March 2014"
Keyword: "Also" meaning not Myriant.




Fast forward 5 years later and after PTTMCC acquired Myriant;
Thailand Board of Investment Points Out the High Potential for Thailand to Be
Bioplastics Hub - 15 January 2020

https://www.boi.go.th/upload/content/No.11_2563_EN_5e2133754e0d3.pdf

"PTT MCC Biochem, a joint venture between Thailand’s PTT Global Chemical PCL,
and Japan’s Mitsubishi Chemical Corporation (MCC), has also received BOI’s investment
incentives for its production facility in Rayong. The plant of a biochemical called bio-
butanediol (BIO BDO) made from raw materials including raw sugar and cassava."