# BioAmber and CJ CheilJedang plan joint venture for bio-succinic acid in China

BioAmber signed a non-binding letter of intent with CJ CheilJedang to form a joint venture in China to produce up to 36,000 metric tons of bio-succinic acid annually. Production would begin in Q1 2018 by retrofitting an existing CJCJ fermentation facility.

- Type: Partnership
- Announced: 2016-12-19
- Where: China, China
- Status: announced
- Capacity: 36000 metric tons per year
- Products: bio-succinic acid
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [BioAmber](https://endata.com/companies/20855.md) (partner)
- [CJ CheilJedang](https://endata.com/companies/20856.md) (partner)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/bioamber-and-cj-cheiljedang-plan-jv-for-succinic-acid-production-in-asia-607430566.html), 2016-12-19: "The goal is to competitively produce bio-succinic acid in China and quickly penetrate the world's largest succinic acid market"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.