31-08-2022
Technip Energies acquires Biosuccinium® technology from DSM
Technip Energies announces the purchase of Biosuccinium® technology from DSM, adding a technology solution to its growing Sustainable Chemicals portfolio.
This technology synergizes with recently developed proprietary bio-polymer technologies and provides a commercially referenced production of bio-based succinic acid (bio-SAc) that serves as feedstock for the production of polybutylene succinate (PBS). PBS itself is fully biodegradable and, if based on bio-SAc, is an ideal bio-based sustainable packaging material for food contact applications. It addresses consumers and governments concerns for better materials with lower carbon footprints and environmental impacts.
The purchase includes a wide range of patent families and proprietary yeast strains, which have been demonstrated in production facilities of licensees at large scale.
Biosuccinium® technology will be the only technology for production of bio-based succinic acid to be licensed on the market.
Bhaskar Patel, SVP Sustainable Fuels, Chemicals and Circularity of Technip Energies, commented: “We are very pleased to acquire this proven technology from DSM. This addition to our growing sustainable chemicals portfolio will allow Technip Energies to license a solution for the production of a bio-sourced and biodegradable polymer, which has a 50% lower carbon footprint compared to fossil-based routes. Superior product properties, combined with best-in-class sustainability performance, are key attributes in today’s consumer market. We shall leverage the whole PBS value chain, where we already license the technology for the polymerization of the bio-sourced monomers into PBS.”
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