BioAmber Signs BDO Take-or-Pay Contract for Planned 100,000 Ton Plant
January 22, 2014 at 16:06 PM EST
BioAmber (NYSE: BIOA ), an industrial biotechnology company producing sustainable chemicals, today announced it has signed a take-or-pay contract for bio-based 1,4-Butanediol ("BDO") with Vinmar International. Under the terms of the 15-year master off-take agreement, Vinmar has committed to purchase 100% of the BDO produced in a 100,000