BASF Corporation (BASF) Announces First Commercial Plant For Biobased Succinic Acid Production
On March 3, 2014, BASF announced the successful start-up of the first commercial production facility resulting from the joint venture between Corbion Purac and BASF (Succinity®) for the production and commercialization of biobased succinic acid. The plant, located at the Corbion Purac site in Montmeló, Spain, has an annual capacity of 10,000 metric tons and is producing commercial quantities of biobased succinic acid for the global market. In addition to this first facility, Succinity plans a second large-scale facility. The final investment decision for this facility will be made following a successful market introduction. A copy of BASF's press release is available online.