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GLOBAL BIOENERGIES and SYNTHOS enter a strategic partnership
2011/07/19
GLOBAL BIOENERGIES and SYNTHOS enter a strategic partnership on biological butadiene, a $30bn market
Synthos S.A., a European leader in the manufacturing of rubber, and Global Bioenergies S.A., an industrial biology company developing sustainable routes to light olefins, today announce the signing of a partnership agreement to develop a new process for the conversion of renewable resources into butadiene, involving research funding, multi-million euro development fees, royalty payments, repartition of exploitation rights, and a €1.4m equity investment in Global Bioenergies.
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