Bioamber (BIOA) Misses Q2 EPS by 8c

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BioAmber Reports Second Quarter 2015 Financial Results

August 4, 2015 4:01 PM EDT

MONTREAL, Aug. 4, 2015 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA), a leader in renewable materials today announced its financial results for the quarter ending June 30, 2015. Highlights included:

The Sarnia plant achieved mechanical completion in June 2015 The final cost of the Sarnia plant is projected to be $141.5 million or $4.0 million above the high end of the estimate communicated at the onset of the project ($125 million +/- 10%) The company announced commercial collaborations in two targeted industry segments; with Bayer MaterialScience for textiles and with Flokser and DuPont Tate & Lyle... More