Press Releases
Current Press Releases
2010-02-04 DNP Green Technology Acquires Sinoven Biopolymers
Princeton,New Jersey,February 4,2010 DNP Green Technology has acquired a controlling stake in Sinoven Biopolymers Inc., a private US company. Under the terms of the agreement, Sinoven Biopolymers will operate as a subsidiary of DNP Green Technology with a sales office in Philadelphia, PA and a manufacturing and formulation development facility in Shanghai, China.
2010-01-20 Bioamber Commissions World’s First Renewable Succinic Acid Plant
Pomacle, France, January 20th, 2010: Bioamber, a joint venture between US-based DNP Green Technology and France-based ARD (Agro-industrie Recherches et Développements), announces the successful start-up and commissioning of the world’s first bio-based succinic acid plant. Since December 2009, the plant has been producing renewable succinic acid from wheat derived glucose.
2009-10-26 DNP Green Technology Raises US $12 Million
Princeton, New Jersey, October 26, 2009 -DNP Green Technology is pleased to announce that a syndicate led by Sofinnova Partners and including Mitsui & Co. Venture Partners, Samsung Ventures Investment Corporation, the Cliffton Group and AquaRIMCO has completed a US$12M equity investment in the company. All participants with the exception of AquaRIMCO are new investors.
2009-05-13 DNP Green Technology announces scientific partnership with NRC Biotechnology Research Institute
Princeton, New Jersey, May 13th, 2009 – DNP Green Technology, one of the two shareholders of Bioamber, is pleased to announce a scientific agreement with the National Research Council of Canada Biotechnology Research Institute (NRC-BRI).