Myriant Appoints Montgomery Alger, Ph.D., as Senior Vice President of Research and Development

  Myriant Appoints Montgomery Alger, Ph.D., as Senior Vice President of
  Research and Development

Business Wire

QUINCY, Mass. -- January 8, 2013

Myriant Corporation, a global renewable chemicals company, announced today the
appointment of Montgomery Alger, Ph.D. to the newly created position of Senior
Vice President of Research and Development (R&D). Dr. Alger, who has three
decades of senior R&D leadership experience with Air Products and Chemicals,
Inc. and General Electric (GE) Company, will be responsible for establishing
and executing Myriant’s research and development strategy in support of
advancing the Company’s pipeline of bio-based chemicals. Dr. Alger will report
to Cenan Ozmeral, Ph.D., Myriant’s Chief Operating Officer.

Prior to joining Myriant, Dr. Alger was the Vice President and Chief
Technology Officer for Air Products (NYSE:APD), a company that supplies
industrial gases, performance materials, equipment and technology with global
supply positions in growth markets such as semiconductor materials, refinery
hydrogen, coal gasification, natural gas liquefaction, and advanced coatings
and adhesives. At Air Products, Dr. Alger was responsible for R&D and he
championed new process and product technology development for the company’s
gases and specialty materials businesses, as well as the expansion of the
Company’s R&D effort in China. Prior to Air Products, Dr. Alger spent 23 years
at General Electric (NYSE: GE) where he began at the Corporate Research center
and led technology development for several businesses including GE Battery,
Lighting, Appliances, and Plastics. He was General Manager of Technology for
the Advanced Materials Business and General Manager of Technology for GE
Plastic’s Noryl® Business, where he advanced new product technology from
concept to commercialization.

“We are delighted to have a talented chemical engineer of Dr. Alger’s stature
join the Myriant team,” stated Dr. Ozmeral. “Dr. Alger’s experience developing
and commercializing novel products will be critical to Myriant’s continued
growth as we accelerate development of bio-based chemicals in our pipeline
that complement our commercial-stage products, bio-lactic and bio-succinic
acid.”

Dr. Alger received B.S. and M.S. degrees in chemical engineering from the
Massachusetts Institute of Technology and a Ph.D. in chemical engineering from
the University of Illinois at Urbana-Champaign. Dr. Alger serves on the
Chemical Engineering Advisory Councils at Lehigh University, Georgia Institute
of Technology and the University of California-Santa Barbara. He served as a
board member for the American Institute of Chemical Engineers and is a member
of the National Academy of Engineering. Dr. Alger is a certified Six Sigma
Master Black Belt.

Simultaneous with the appointment of Dr. Alger, Myriant also announced today
that Jan Pero, Ph.D., Myriant’s Vice President of Research and Development,
will assume the role of Chief Technology Officer and Chairperson of Myriant’s
Scientific Advisory Board from Joseph P. Glas, Ph.D., who is retiring.

About Myriant Corporation

Myriant utilizes its proprietary technology platform to develop innovative,
performance-based, renewable chemicals utilizing low-cost sugars. In December,
2010, Myriant broke ground on its flagship 30 million pound commercial
bio-succinic acid facility in Lake Providence, Louisiana, and anticipates
beginning commercial production in early 2013. The company’s D(-) lactic acid
started production at commercial scale in June, 2008, for use in polylactic
acid. Myriant has agreements with ThyssenKrupp Uhde GmbH for engineering, Davy
Process Technology for the integration of Myriant’s bio-succinic acid process
with the Davy butanediol process for the production of bio-based butanediol,
and PTT Chemical for the commercialization of Myriant’s technology in
Southeast Asia. Myriant is headquartered in Quincy, Massachusetts. Details are
available at www.myriant.com.

Contact:

Myriant Corporation
Sue Hager, 617-657-5222
SVP, Corporate Communications and Government Affairs
shager@myriant.com
 
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