December 27, 2014 9:05 PM ET

Chemicals

Company Overview of Myriant Corporation

Company Overview

Myriant Corporation, a development stage industrial biotechnology company, focuses on producing biochemicals that substitute for traditional petroleum-based industrial chemicals. The company, through its proprietary technology, would manufacture various drop-in chemicals and replacement chemicals using a range of renewable and readily available feedstocks. Its commercial products would include biosuccinic acid, a chemical building block that is used as an intermediate in the production of various high-volume products, including plastics, fibers, coatings, solvents, and cosmetics; and D(-) lactic acid, which would be converted into polylactic acid that is used in a range of everyday products,...

1 Pine Hill Drive

Batterymarch Park II

Suite 301

Quincy, MA 02169

United States

Founded in 2004

68 Employees

Phone:

617-657-5200

Fax:

617-657-5210

Key Executives for Myriant Corporation

Chief Executive Officer and President
Age: 64
Vice President of Operations and Engineering
Vice President of Research & Development
Senior Vice President of Human Resources
Head of Global Sales and Marketing
Compensation as of Fiscal Year 2014.

Myriant Corporation Key Developments

Myriant Corporation Presents at Pacific Rim Summit 2014, Dec-08-2014 10:30 AM

Myriant Corporation Presents at Pacific Rim Summit 2014, Dec-08-2014 10:30 AM. Venue: San Diego, California, United States. Speakers: Cenan Ozmeral.

Myriant Corporation Appoints Cenan Ozmeral as President and Chief Executive Officer

The Board of Directors of Myriant Corporation announced the appointment of Cenan Ozmeral, Ph.D., to President and Chief Executive Officer effective immediately. Dr. Ozmeral has been with Myriant since November 2008, following a stellar 29-year career in senior management roles at BASF. At Myriant Corporation, Dr. Ozmeral began employment as Senior Vice President and General Manager, Specialty Chemicals, and has served most recently as President and Chief Operating Officer.

Myriant Corporation Signs Distribution Agreement with Azelis Group

Myriant Corporation announced the signage of distribution agreement with Azelis Group. Azelis is now distributing Myriant's bio-succinic acid in the Nordics, Benelux, France, Iberia, Italy, the United Kingdom and Ireland, targeting customers in the industrial and base chemicals markets. Myriant currently supplies bio-succinic acid from its facility located in Lake Providence, Louisiana, with nameplate capacity of £30 million per year. Myriant's high purity bio-succinic acid is made from renewable feedstocks and is chemically equivalent to petroleum-based succinic acid while providing a lower environmental footprint. Myriant's bio-succinic acid reduces harmful green house gas emissions by 94% compared to petroleum-derived succinic acid and by 96% compared to petroleum-derived adipic acid, a chemical that succinic acid can replace.

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