2014

Metabolix Announces Addition of Jay Kouba to Board of Directors

    CAMBRIDGE, Mass., Aug. 9 /PRNewswire/ -- Metabolix, Inc. announced
 today that Jay Kouba has joined its Board of Directors. He brings to the
 Metabolix Board experience gained from a distinguished career in the
 petrochemical and polymer industries where he has excelled in the
 development and implementation of growth strategies based on technology and
 marketing leadership. He has held a variety of senior positions within the
 global petrochemical operations of BP PLC, most recently as Senior Vice
 President, Strategy, Marketing and Technology for Innovene, Inc. At the
 time of its sale by BP in 2005, Innovene was one of the world's largest
 petrochemical and refining companies with $22 billion in sales.
     "Jay Kouba's exceptional experience and insight in the positioning of
 products and services in the petrochemical and polymer marketplace,
 together with his deep understanding of the energy markets, make him
 unusually well suited to the strategic worldwide opportunities open to
 Metabolix," notes Jim Barber, Metabolix's President and CEO. "We look
 forward to the contributions Jay will bring to our Board as we work to
 build a great industrial biotechnology company."
     About Metabolix
     Founded in 1992, Metabolix, Inc. is a leader in using biotechnology to
 develop and commercialize environmentally sustainable alternatives to
 petrochemical-based plastics, fuels and chemicals. The Company takes a
 systems approach, from gene to end product, to integrate advanced
 biotechnology with current industrial practice to economically produce
 performance materials from renewable resources. The Company is working with
 Archer Daniels Midland Company to commercialize its proprietary microbial
 fermentation platform for production of Natural Plastics based on corn
 sugar. Metabolix is also developing a second technology platform to produce
 Natural Plastics directly in biomass energy crops such as switchgrass.
     Natural Plastics can be used as alternatives to petrochemical plastics
 in a wide variety of applications, including coated paper, film or bags,
 and thermoformed and molded goods. They are produced using a fully
 biological process that converts agricultural raw materials into a
 versatile range of plastics with excellent durability in use but that also
 biodegrade benignly in a wide range of environments, including marine and
 wetlands. The company was awarded the Presidential Green Chemistry Award by
 the U.S. EPA in 2005 for its pathbreaking production technology. In March
 2006, Archer Daniels Midland Company and Metabolix announced plans to build
 a 50,000 ton commercial plant for production of Natural Plastics in
 Clinton, Iowa, with start-up targeted in 2008. For more information, please
 visit http://www.metabolix.com.
     Contact information:
     For Metabolix:
 
     James J. Barber                  Thomas G. Auchincloss
     President & CEO                  Chief Financial Officer
     (617) 492-0505 x225              (617) 492-0505 x221
     barber@metabolix.com             auchincloss@metabolix.com
     http://www.metabolix.com         http://www.metabolix.com
 
 

SOURCE Metabolix, Inc.

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