3 March 2015
VIEW BIOAMBER CORPORATE OVERVIEW 2015 PRESENTATION
DETAILS
Commissioning and start-up
is expected to take approximately five months,
with the facility being in commercial operation in Q3 2015.
The Company expects construction
to be completed in two months and
it is carrying out commissioning and start-up activities in parallel.
The cost of the project continues to track
within the original budget estimate of US$125 million +/- 10%.
The Sarnia plant will be
the world's largest succinic acid manufacturing facility,
with an annual nameplate capacity of 30,000 metric tons.
BioAmber has signed take-or-pay agreements with
Vinmar and
PTTMCC (a joint venture between PTT PLC and Mitsubishi Chemical)
that represent
sales volumes of over 5,000 metric tons in 2015
and 15,000 tons in each of 2016 and 2017.
BioAmber has also signed a number of supply agreements
with non-binding volume commitments
that collectively exceed the available capacity in the plant.
CORPORATE OVERVIEW 2015 PRESENTATION
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