Replies to post #104857 on BioAmber Inc fka BIOAQ

[Brucebannerr]

Wrong . But nice desperation spinning sadly lacking any facts .
The new venture will in the coming months restart operations of BioAmber’s main production facility, a $142 million plant that had been producing bio-based succinic acid, an important building block for a range of petrochemicals.
“This facility will serve as a proving ground to demonstrate that Visolis’s technologies, based on our unique combination of biology and catalysis, can be scaled to reach commercial volumes,” says Dugar. “This is the most efficient route to commercialization because it accelerates our time-to-market compared to building a new plant from scratch.” The acquired plant’s current annual production capacity is 33,000 tons.