Technip said it will be the only technology licensed on the market for producing bio-based succinic acid, which is a feedstock for manufacturing polybutylene succinate (PBS), a sustainable packaging material for food contact applications.

“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,” said Bhaskar Patel, senior vice president, sustainable fuels, chemicals and circularity at Technip Energies. “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.”

The purchase includes a wide range of patent families and proprietary yeast strains, which Technip said have been demonstrated in large-scale production facilities.

DSM originally developed biosuccinium as part of Reverdia, a joint venture with Roquette that was dissolved on Apr. 1, 2019. DSM retained exclusive licensing rights to the technology.

Author: Elaine Burridge, Freelance Author