Seems like Mr Dugar, based on your great research, has been wheeling and dealing over the years. I'm wondering if Visolis isn't a front for an Indian company or big-time investor. Lotsa traveling and legal issues involved in setting up Visolis operations across the continents.
Certainly, the desire to develop substitutes for petroleum is worthwhile. On the other hand, Dugar's list of associations includes ... uh .. PWC. Wouldn't that be something to wonder about? It's not clear what Dugar's initial technical objectives were.
We did learn that Eno and Dugar knew each other prior to 2018. By then it ought to have been clear that BioAmber's product was worth expanding production.There's doesn't seem to be a direct link between Eno and Dugar and KKR. But Dugar knew of LCY. And KKR, keeping track of developments in the biochemical industry, knew Bowie Lee.
It appears that the relatinoships were all there to keep BioAmber's technology moving forward.
What is clear based on your research, and efforts by other forward thinkers, is that BioAmber's technology has intrinsic future value. It's product is not like another energy drink, computer printer, or even a prospective gold mine. Governments everywhere would like a substitute for oil. Very likely Dugar had training such that, in 2017, Eno found him worth working with to forge a partnership aimed at keeping the technology alive, while Dugar found Eno had the management skills to work him to keep Visolis viable.
Of course, this is only part of the story, but it explains a lot.
