As oil prices continue to remain at lofty levels, it’s getting tough for chemicals companies. But several operators are finding alternatives by using plants and biomass.
And one of those companies, BioAmber, has recently filed to go public. Underwriters include Goldman Sachs and Credit Suisse, and the proposed ticker symbol is “BIOA.”
A three-year-old company, BioAmber relies on core technology that’s based on funded research from the Department of Energy that goes back to the late 1990s. The company has an exclusive license to this intellectual property. Read