10 Januar 2013

US bio-based chemical IPO window remains shut

Falling stock price in the past year makes it difficult to go to the public for bio-based chemicals company

As a result, the window for initial public offerings (IPOs) remains shut for the foreseeable future.

“I don’t think the IPO window will reopen anytime soon. There is no reason for companies to pursue raising money in public markets now,” said Andrew Soare, analyst with US-based consultancy Lux Research.

…Full text: www.icis.com/Articles/2013/01/10/9630441/us-bio-based-chemical-ipo-window-remains-shut.html

Tags: bio-BDO, bio-BD, renewable oil feedstocks, chemicals, fuels, bio-based chemical companies, profitability, US fiscal cliff, US-based agribusiness, high-profile setbacks, PHA bioplastics, PEF, PET

Source: ICIS, 2013-01-10.

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