Tag: Avantium

Avantium retakes full ownership of plants-to-plastics technology

Avantium retakes full ownership of plants-to-plastics technology

January 28, 2019 |

In the Netherlands, Avantium has retaken full ownership of its YXY plants-to-plastics technology through the purchase of BASF’s shares in the Synvina joint venture. Avantium has appointed Marcel Lubben as Managing Director of Synvina to lead the commercialization of the YXY technology, effective February 1, 2019. Synvina has become a new business unit of Avantium, […]

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Plastics proliferation transitioning to bioplastics boost

Plastics proliferation transitioning to bioplastics boost

August 5, 2018 |

IHS Markit published a plastics report saying that the market value for biodegradable polymers exceeds $1 billion and will rise sharply by 2023 thanks to increased plastic regulations and bans in Western Europe. But it’s not just Europe that we are seeing bans on plastic. Multinational companies like Kraft, Starbucks, McDonalds, Marriott, Disney and more […]

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YXY Marks the Spot: The Digest’s 2017 Multi-Slide Guide to Avantium

YXY Marks the Spot: The Digest’s 2017 Multi-Slide Guide to Avantium

October 3, 2017 |

The company is now safely emerged from its celebrated IPO, and is embarked on the construction of the first commercial plant with its JV partner BASF — so, it’s a monster year for Avantium. Avantium’s YXY technology converts plant-based sugar into chemicals and plastics, including 2,5-furandicarboxylic acid, a precursor to the promising bioplastic polyethylene furanoate. […]

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Rockin’ PEFormance: €25M for Synvina-led consortium for biobased materials

Rockin’ PEFormance: €25M for Synvina-led consortium for biobased materials

June 11, 2017 |

In the Netherlands, a BBI subsidy of €25 million has been granted to “PEFerence,” a consortium consisting of 11 companies including Synvina, Avantium, BASF,  Tereos Participations (France), Alpla Werke Alwin Lehner GmbH & Co Kg (Austria), OMV Machinery Srl (Italy) and Croda Nederland B.V. (The Netherlands), Nestec Sa (Switzerland) Lego System As (Denmark), Nova-Institut für […]

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Just One Word. Plastics: The Digest’s 2017 Multi-Slide Guide to Avantium

Just One Word. Plastics: The Digest’s 2017 Multi-Slide Guide to Avantium

February 14, 2017 |

This week, we reported that bioplastics maker Avantium is planning an initial public offering and listing of all shares on Euronext Amsterdam and Euronext Brussels. The company expects to raise up to €100 million (USD$106 million) and complete the offering by the end of the current quarter. More than half of the offering has already been […]

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Avantium goes IPO: aims for €100 million in Amsterdam, Brussels Float

Avantium goes IPO: aims for €100 million in Amsterdam, Brussels Float

February 14, 2017 |

Here’s our 10-minute version of the filing, slightly re-organized to make sense to Earthlings instead of aliens from the Planet Prospectus. In the Netherlands, bioplastics maker Avantium is planning an initial public offering and listing of all shares on Euronext Amsterdam and Euronext Brussels. The company expects to raise up to €100 million (USD$106 million) […]

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From waste CO2 to everyday products: The Digest’s 2017 Multi-Slide Guide to Liquid Light technology

From waste CO2 to everyday products: The Digest’s 2017 Multi-Slide Guide to Liquid Light technology

January 10, 2017 |

We reported this week that Avantium has acquired Liquid Light’s assets and will take the technology forward. Liquid Light developed electrocatalytic technology to make major chemicals from low-cost, globally abundant carbon dioxide.  The company’s technoloigy propelled it to a #1 ranking in the Hot 40 (emerging companies) a few years back. Liquid Light’s first process […]

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Let’s Get it On: Avantium acquires Liquid Light 

Let’s Get it On: Avantium acquires Liquid Light 

January 10, 2017 |

In the Netherlands, Avantium has acquired the assets of Liquid Light Inc, developer of a process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO2). The acquisition combines the technologies of both Liquid Light and Avantium to develop a world leading electro-catalysis platform and to commercialize new process technologies using CO2 as feedstock […]

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Toyobo, Avantium partner on PEF polymerization and PEF films

Toyobo, Avantium partner on PEF polymerization and PEF films

September 16, 2016 |

In the Netherdlands, news arrived that Avantium and Toyobo formed a partnership to produce PEF-based thin films, a 100% biobased plastic based on Avantium’s proprietary YXY technology for the production of FDCA. These PEF films are about 10 micrometer in thickness and can be applied for food packaging, in electronics applications such as displays or solar […]

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Avantium raises €20M in a financing round led by PMV 

Avantium raises €20M in a financing round led by PMV 

April 19, 2016 |

At the World Congress on Industrial Biotechnology in San Diego, Avantium revealed the closing of a new financing round of €20 million led by PMV, an independent investment company for Flanders, with investments also by FPIM, a Belgian Federal Holding and Investment Company, and Avantium’s existing shareholders. The funds will be used to commercialize the […]

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