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Myriant Technologies Receiving Funds under $50M DOE Award for Succinic Acid Biorefinery Project

Myriant Technologies, a biotech developer and manufacturer of renewable biochemicals, has entered into formal agreements with the Department of Energy (DOE) and has begun to draw funds under grant for its biobased Succinic Acid facility in Lake Providence, Louisiana. Design engineering has commenced, aimed at a start of construction by September 2010. Myriant is a sub-recipient under an award made by the DOE to BioEnergy International, LLC. (Earlier post.)

The project, which will also benefit from an additional $10 million via the Lake Providence Port Commission and the Louisiana Department of Transportation, will be the world’s largest bio-based Succinic Acid plant. Myriant and the Port have previously invested over $13 million in making the site shovel-ready, and Myriant already has plans to expand at this location.

Myriant’s production of bio-based Succinic Acid will utilize both local sorghum and carbon dioxide to displace petroleum-based feedstocks, using less carbon and energy than petroleum-based Succinic Acid. In addition to the energy savings, by consuming CO2 rather than producing it via oil refining methods, Myriant’s process reduces lifecycle greenhouse gas emissions.



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