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News<br />

BioAmber and<br />

Reverdia sign nonassertion<br />

agreement<br />

BioAmber Inc., which is headquartered in Montreal and<br />

Reverdia, the Netherlands-based joint venture between Royal<br />

DSM an d Roquette Frères, are both involved in the production<br />

and commercialization of bio-based succinic acid using their<br />

own unique proprietary yeast-based technologies.<br />

Pursuant to the key provisions of this agreement, BioAmber<br />

will benefit from non-assertion covenants with respect to<br />

certain intellectual property rights of Reverdia in the field<br />

of bio-based succinic acid, in exchange for undisclosed<br />

financial consideration. Furthermore, the agreement provides<br />

comfort to both BioAmber and Reverdia to continue the<br />

implementation of their respective businesses using their<br />

own unique, proprietary yeast-based technologies.<br />

“In today’s increasingly complex intellectual property<br />

environment, the conclusion of this agreement illustrates<br />

how two proactive companies operating in the same field can<br />

find a constructive solution that allows them to focus on the<br />

execution of their respective business plans rather than seeking<br />

confrontation and conflict,” said JF Huc, BioAmber’s Chief<br />

Executive Officer. “It allows BioAmber to eliminate the risk of<br />

litigation and uncertainty at a predictable cost,” he added.<br />

”This Agreement demonstrates that Reverdia’s<br />

Biosuccinium low pH yeast technology is a leading technology<br />

in the field of bio-based succinic acid and that by working with<br />

partners in the industry, we will speed up the adoption of biobased<br />

materials and validate bio-based succinic acid as a<br />

key building block for the bio-based economy,” said Marcel<br />

Lubben, Reverdia’s President. “It is our belief that the yeastbased<br />

technologies have a significant competitive advantage<br />

over bacterial-based technologies for the production of biobased<br />

succinic acid,” he added.<br />

Both Marcel Lubben and Jean-Francois Huc believe that<br />

the market for succinic acid will benefit from having strong<br />

players able to deliver on the rapidly growing demand in<br />

bio-plastics, polyurethanes, solvents, coatings and other<br />

applications. KL<br />

www.bio-amber.com | www.reverdia.com<br />

Bioplastic from<br />

biodiesel co-product<br />

glycerol<br />

An agreement signed today by Bio-on and S.E.C.I. S.p.A.<br />

(part of Gruppo Industriale Maccaferri Holding), will see<br />

Italy’s and the world’s first facility for the production<br />

of PHA bioplastics from a co-product from biodiesel<br />

production, namely glycerol.<br />

The two companies will collaborate on the construction<br />

of a production site with an initial output of 5 thousand<br />

tonnes/year, scalable to 10 thousand tonnes/year.<br />

S.E.C.I. is investing EUR 55 million in the facility,<br />

which will be located at an Eridania Sadam (also part<br />

of Maccaferri Holding) site and will be the world’s most<br />

advanced plant producing PHAs biopolymers from<br />

glycerol.<br />

PHAs, or polyhydroxyalkanoates, are bioplastics that<br />

can replace a number of traditional polymers currently<br />

made with petrochemical processes using hydrocarbons.<br />

The PHAs developed by Bio-on guarantee the same<br />

thermo-mechanical properties with the advantage of<br />

being completely naturally biodegradable.<br />

“We are investing EUR 4 million in purchasing the<br />

license for this new technology developed by Bio-on,” says<br />

Eridania Sadam Chairman Massimo Maccaferri, “because<br />

this all-natural bioplastic represents a technological<br />

challenge that can contribute towards the growth of our<br />

group in the new “green” chemistry industry, with an ecocompatible<br />

and eco-sustainable approach”.<br />

“We will create Italy’s first PHAs production plant from<br />

glycerol with one of Europe’s most important industrial<br />

groups,” explains Marco Astorri, Chairman of Bio-on<br />

“We have granted the first technological license from<br />

glycerol in line with our expectations and will be entering<br />

into a new collaboration to develop the promising highperforming<br />

biopolymers business developed by Bio-on.<br />

and produced in Italy from glycerol by S.E.C.I.” KL<br />

www.maccaferri.it | www.bio-on.it<br />

Magnetic<br />

for Plastics<br />

www.plasticker.com<br />

• International Trade<br />

in Raw Materials, Machinery & Products Free of Charge.<br />

• Daily News<br />

from the Industrial Sector and the Plastics Markets.<br />

• Current Market Prices<br />

for Plastics.<br />

• Buyer’s Guide<br />

for Plastics & Additives, Machinery & Equipment, Subcontractors<br />

and Services.<br />

• Job Market<br />

for Specialists and Executive Staff in the Plastics Industry.<br />

Up-to-date • Fast • Professional<br />

bioplastics MAGAZINE [<strong>01</strong>/16] Vol. 11 7

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