BioAmber and DuPont Tate & Lyle Bio Products Partner in Synthetic Leather

BioAmber Inc.

announced today that the Flokser Group, a global leader in leather and suede fabrics, has successfully developed an innovative artificial leather fabric using bio-based materials supplied by DuPont Tate & Lyle Bio Products and BioAmber. Flokser has launched this new synthetic leather fabric under its SERTEX brand. The novel fabric comprises a polyester polyol made from BioAmber's Bio-SA™ bio-based succinic acid and DuPont Tate & Lyle Bio Products' Susterra® bio-based 1,3-propanediol. Flokser's artificial leather fabric has 70% renewable content and delivers improved performance. It provides better scratch resistance and has softer touch than current synthetic leather fabrics made with petroleum derived chemicals. The global addressable market opportunity for these bio-based polyester polyols in artificial leather is estimated to be 330 million pounds per year (150,000 metric tons); a 165 million pound market for bio-succinic acid and a 165 million pound market for bio-1,3-propanediol. "We have been working over the years on sustainability and have made remarkable steps, including producing first in Turkey phthalate free artificial leather polyurethane systems. We strive to work with global best in class companies to shape the future. Working with BioAmber and DuPont Tate & Lyle has helped us to generate fresh ideas and develop new products that offer a unique combination of performance and sustainability for our industry," said Ekin Tükek, Flokser Group board member. "This new eco-friendly artificial leather fabric from Flokser demonstrates the performance that bio-based materials can offer in technically challenging applications. The artificial leather made with our Bio-SA™ and DuPont Tate & Lyle's Susterra® outperforms standard products, bringing better abrasion resistance and softer touch," said Babette Pettersen, BioAmber's Chief Commercial Officer. "We are pleased with this new product launch in a major industrial segment of the polyurethane market, and we believe that working with Flokser, an industry leader, will drive market adoption. This new artificial leather fabric is a unique product, combining renewable content with the highest standards of performance and quality", said Steve Hurff, VP Marketing and Sales, DuPont Tate & Lyle Bio Products.