initial public offerings (IPOs) trading on American exchanges

Thursday, January 23, 2014

BioAmber Inc. (BIOA) began trading on the NYSE on 10 June 2013


BioAmber Inc., a bio-based chemicals company, produces and sells bio-succinic acid in the United States. Its proprietary technology platform combines industrial biotechnology and chemical catalysis to convert renewable feedstocks into chemicals that are replacements for petroleum-derived chemicals. The company also has additional bio-based products under development with partners, which include bio-succinic acid derivatives, such as 1, 4 butanediol, gamma-butyrolactone, and succinic acid based polyesters. Its bio-succinic acid has applications in plasticizers, polyurethanes, personal care products, resins and coatings, food additives, lubricants, fine chemicals, and de-iciing solutions, as well as in other products that include anti-freeze solutions, solvents, water treatment chemicals, and effervescence agents, such as laundry tablets and bath salts. The company serves various chemical markets, such as polyurethanes, plasticizers, personal care products, de-icing solutions, resins and coatings, food additives, and lubricants. BioAmber Inc. sells its products directly to its customers, as well as indirectly through an exclusive distributor in the Asia-Pacific region. It has strategic relationships with Mitsui & Co., Ltd.; Mitsubishi Chemical Corporation; Lanxess Deutschland GmbH; Faurecia, S.A.; NatureWorks LLC; DuPont; Evonik Industries AG; Agro-industrie Recherches et Dveloppements; and Celexion, LLC. The company was formerly known as DNP Green Technology, Inc. and changed its name to BioAmber Inc. in 2010. BioAmber Inc. is headquartered in Montreal, Canada.


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