29 March 2012
Overview
DaniMer Scientic and Myriant
have formed a strategic alliance focused on
delivering innovative, cost-effective bio-based materials to
the marketplace.
DaniMer will utilize Myriant's bio-succinic acid for the production
of high-performance , bio-based polymers used to make a broad
range of sustainable, eco-friendly products.
DaniMer
* DeniMer believes that green chemistry can positively impact our
environment and people's lives, and that there is significant market
potential for materials that are made from renewable sources.
* The use of renewable resources can enable cost-effective production
of products that billions of people use every day.
* Danimer is very excited about relatationship with Myriant and
the value this combination can bring in innovative, value-added products
to the global marketplace.
* Driven partly by consumer demand for eco-friendly products and
improved accessability to renewable feedstocks globallay,
the green chemicals market is projected to experience significant
growth in the coming decade.
Market size forecast for Green Chemicals
* According to a 2011 Pike Research, " GREEN CHEMISTRY will
reach a market opportunity of approximatly $ 98 billion by 2020 "
* DaniMer, a global leader in the bio-plastics industry, helps companies
make an impact with consumers by using sustainably produced,
renewable resource-based materials to differentiate their products.
* Working collaboratively with Myriant, DaniMer has successfully
demonstrated production of numerous bio-succinic acid containing
materials at its Bainbridge, Georgia product development center.
* DaniMer is constructing a large-scale production facility that will
incorporate Myriant's bio-succinic acid into its production processes
for a number of bio-based polymers used in the production of
numerous consumer products.
Myriant
* Myriant is delighted to formalize alliance with DaniMer and
looks forward to collaborating with DaniMer on the integration
our bio-succinic acid into DaniMer's production process for
eco-friendly polymers
* Myriant continues to demonstrate that cost advantaged and
innovative technology platform is setting the industry standard
for the production of high-value, bio-based chemicals that
seamlessly drop into chemical production processes as a
reliable and cost-advantaged substitute for
petroleum-based chemicals
