Vinmar International to Partner With BioAmber For BDO Purchase
CHEMMONITOR.COM – Vinmar International (the US) concluded a take-or-pay agreement with BioAmber (Canada) for the purchase of 1.4-Butanediol (BDO).
BioAmber projects to construct a 100,000 tonnes per year BDO plant in North America. It is scheduled for launch it in 2017. The total BDO output will be purchased by Vinmar International under the 15 years agreement. The firm will also acquire 10% stake in the facility.