PTT Chemical (Bangkok) says it has invested $60 million in biochemical firm Myriant Technologies (Quincy, MA) and has a formed a 50-50 joint venture with Myriant under which the companies will work to deploy Myriant's technology in Southeast Asia. Myriant says it will use the investment to help fund the commercialization of its bio-based succinic acid platform, including the previously announced construction of a suc- cinic acid plant at Lake Providence, LA.
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