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Real McCoy

11/19/25 4:46 AM

#153061 RE: iron-eagle #153060

Their article?

They opted for no earnouts in taking the most upfront money they could get.

It’s dead man. Last heard from in 2018.
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trader59

11/19/25 7:00 AM

#153064 RE: iron-eagle #153060

Your little article’s authors didn’t do any research on BioAmber’s current status, which is, of course, dead and gone, every entity dissolved/voided.
Funny how you mine the internet for any mention of BioAmber you can find to troll with, but the fact you haven’t heard even a whisper from the company itself in 7 years doesn’t matter.
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TheRealMrPirate

11/19/25 7:16 AM

#153065 RE: iron-eagle #153060

Former BioAmber, so, how are those "earn-outs" working out for you in Nov 2025? 🤣🤡

Jonathan is a Principal at First Bight Ventures


I don't need a reminder to not invest in anything First Bight Ventures. That goes without saying.
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toncatmad

11/19/25 9:59 AM

#153067 RE: iron-eagle #153060

Why didn't you add the other parts citing Bioamber in the reference material?

You should have added the entire section to the part you posted from page 34 like I have done here

"Likewise, the Sarnia
plant of BioAmber was bought by Taiwan-based LYC
Company. Later, they ramped up the plant operations
from 8000 MT/year to 18,000 MT/year in 2021 and are
expected to operate the plant at full capacity in the near
future [195]. BioAmber also shared its technical know-
how with Taiwan-based PTT–MCC, a JV of Mitsubishi
and PTT–PLC. They are using BioAmber’s SA fermen-
tation technology for PBS production. Presently, their
20,000 MT/year polybutylene succinate plant in Rayong,
Thailand, is using BioAmber’s fermentation technology
to produce bio-based SA, which is the starting feedstock
to produce this biopolymer."

Or this one on page 29

"In 2018, BioAm-
ber declared bank-
ruptcy
• LCY Biosciences
Inc, a Taiwan-based
company acquired
this plant in 2018
and ramped up its
production capacity
from 8000 to 18,000
metric tons (MT)
in 2021"

Or this one from page 30

"BioAmber,
initially a JV between New York-based Diversified Natu-
ral Products (DNP) and France-based ARD, was another
company that began largest commercial bio-SA produc-
tion in 2015, with proprietary acid-tolerant yeast, exclu-
sively licensed by Cargill. Jointly with Mitsui Japan, they
chose Canada’s Sarnia for its commercial operation, but
unfortunately they had to file for bankruptcy in 2018. The
failure of BioAmber’s Sarnia plant was a culmination of
several factors; for instance, the actual cost of the SA was
ten times higher than the predicted cost, the market of
SA was overestimated, and falling prices of petrochemi-
cal-based SA, the over-reliance on licensed technologies
rather than expanding their patent portfolio and not run-
ning the plant to its full capacity, as reviewed by Li and
Mupondwa [168]."

Or this one from page 33

"The lesson must be
learned from the failure of BioAmber’s Sarnia plant,
which was primarly due to the overshooting of SA pro-
duction cost by ten times the estimated manufactur-
ing cost"