Verdezyne & Bio-XCell to Set-up First Biobased DDDA Production Facility in Malaysia
Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, recently announced it has reached an agreement with Bio-XCell Malaysia to construct Verdezyne’s first commercial-scale renewable chemicals manufacturing facility in Bio-XCell’s premier biotechnology and ecosystem park in Nusajaya, Iskandar, in southern Malaysia. With construction scheduled to commence in 2015, the plant will be capable of producing approximately 30 million pounds per year of diacids, including dodecanedioic acid (DDDA), and will be the world’s first bio-based plant for the production of DDDA. The exchange of agreement ceremony took place during the official opening ceremony of “BioMalaysia: Bioeconomy Asia Pacific 2014 Conference & Exhibition,” and was attended by Malaysian Prime Minister Najib Razak. “This agreement is part of our comprehensive strategy of expansion into Asia, and represents a huge step toward our goal of replacing petroleum-derived