Issue Date: January 24, 2011
Banking On Green Chemistry
Aiming for leadership in bio-based chemicals, PTT Chemical, Thailand's largest petrochemical producer, has invested $60 million in Myriant Technologies, a Quincy, Mass.-based firm that plans to build the world's largest bio-based succinic acid facility in Louisiana.
The investment is the second significant development in recent weeks for Myriant. Earlier this month, Louisiana Gov. Bobby Jindal announced the imminent start of construction on Myriant's succinic acid facility, in Port of Lake Providence. . . .
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