BioAmber Inc fka BIOAQ

[bioaq_sh]

Wish I knew when but I don't, however would refer to the following articles and quotes:

"KKR said that the Carlton shares acquired following the takeover would not pay dividends and would have no liquidity in the next five years."
- https://www.taipeitimes.com/News/biz/archives/2018/09/08/2003699991

"Hung is aiming to have LCY return to the capital market in five to seven years as a stronger and more profitable company."
- https://www.taipeitimes.com/News/biz/archives/2019/01/31/2003708947

If I had to guess sometime between July 2023 and/or after Jan 2024, considering above & the following;

- LCY/KKR 5 year mark statements, deal annoucement & closing dates
- Completion of LCY Electronics Materials Inc's IPA plant in Arizona, TSMC mentioned starting production in 2024.

On another note, here's a Feb 2017 quote from Christopher Ellen, BioAmber’s vice president of sales;

"According to Ellen, succinic acid can substitute for IPA, at a similar price and at a 30% lower level. Renewability is another advantage"
- https://cen.acs.org/articles/95/i7/BioAmber-crafts-succinic-acid-market.html

Considering Ellen's statement above, Anybody else thinking LCY used/using Bioamber's assets as collateral for a USD 700 million loan to build the Arizona Electronic-grade IPA plant?


Another quote from the 'cen.acs.org' article above;
"Roy McDowall, who runs strategy for BioAmber, says the infrastructure of the Chinese plant is “virtually identical” to that of the Sarnia facility. “It’s like we have the KFC recipe and we’re going into a Popeye’s and taking over,” he says."