Myriant Corporation & Research Development45 Cummings Park Woburn, Massachusetts, 1801 http://www.myriant.com
Business Description :
Myriant Corporation, a development stage industrial biotechnology company, focuses on producing biochemicals that substitute for traditional petroleum-based industrial chemicals. The company, through its proprietary technology, would manufacture various drop-in chemicals and replacement chemicals using a range of renewable and readily available feedstocks. Its commercial products would include biosuccinic acid, a chemical building block that is used as an intermediate in the production of various high-volume products, including plastics, fibers, coatings, solvents, and cosmetics; and D(-) lactic acid, which would be converted into polylactic acid that is used in a range of everyday products, including packaging, apparel, bottles, durable goods, films, bedding, non-wovens, and plastic dining utensils, as well as in engineered and high-performance plastics. Myriant Corporation also focuses on developing fumaric acid that is used as a preservative in food and beverages, as a sizing agent to protect and help the spread of ink in paper production, and as an input in the production of alkyd resins used in paints and coatings; and acrylic acid, a monomer with applications in coatings, adhesives, sealants, textiles, paper chemicals, and plastic additives. The company was founded in 2004 and is based in Quincy, Massachusetts. As of December 23, 2013, Myriant Corporation operates as a subsidiary of PTT Chemical International Private Limited.