Bioamber Set to Break Out as Demand for Sugar-Based Chemical Surges

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Bioamber Set to Break Out as Demand for Sugar-Based Chemical Surges

Bioamber Set to Break Out as Demand for Sugar-Based Chemical Surges
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Bioamber Set to Break Out as Demand for Sugar-Based Chemical Surges

TheStreet.com Videos 2:46 mins

Bioamber's stock has seen dramatic highs and lows since the chemical-maker listed its shares on the NYSE last year, but the volatility should decline now that more investors are familiar with the company's sugar-based products, says the company's executive vice president Michael Hartmann. Hartmann says Bioamber is disruptive to the chemical industry because its products are cheaper than those made from petroleum. He says Bioamber's first plant will come on line in early 2015 and that will boost output and profitability while a second plant is scheduled to come on line in 2017.

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