Myriant Technologies lands $5 million (Boston)
Chemicals developer Myriant Technologies LLC has raised $5 million in new funding, according to filings with the Securities and Exchange Commission.
Quincy, Mass.-based Myriant is developing ways to produce various acids from biomass. The acids would be used in a variety of applications, such as plastics, fibers, polyesters and pigments.
The company was spun out of BioEnergy International LLC, also of Quincy, in June 2009.
Read the full post in the Boston Business Journal.
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