MONTREAL, May 3, 2016 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA), a leader in renewable materials, today announced operational and financial results for the three months ended March 31, 2016.
Highlights included:
• Production in the first quarter continued to ramp up, with plant up-time averaging 70% in the last three weeks of the quarter;
• Sales of bio-succinic acid in the first quarter of 2016 were $1.5 million, an increase of 297% compared to the same period last year and an increase of 31% over the previous quarter;
Highlights included:
• Production in the first quarter continued to ramp up, with plant up-time averaging 70% in the last three weeks of the quarter;
• Sales of bio-succinic acid in the first quarter of 2016 were $1.5 million, an increase of 297% compared to the same period last year and an increase of 31% over the previous quarter;