BASF and CSM establish 50-50 joint venture company for biobased succinic acid

Succinity GmbH to become a leading succinic acid supplier Plans for industrial scale succinic acid production BASF and Purac, a subsidiary of CSM, are establishing a joint venture for the production and sale of biobased succinic acid. The company will be called Succinity GmbH and will be operational in 2013. The establishment of Succinity GmbH is subject to filing with the relevant competition authorities. The company headquarters will be in D�sseldorf, Germany.

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