Tag: Avantium

It’s Delfzijl! Avantium picks the spot for FDCA flagship plant

It’s Delfzijl! Avantium picks the spot for FDCA flagship plant

January 8, 2020 |

In the Netherlands, Avantium signed a letter of intent to locate its  new flagship plant at Chemie Park Delfzijl, the Netherlands. The 5-kiloton facility will produce plant-based FDCA (furandicarboxylic acid) – a key building block for many chemicals and plastics such as PEF (polyethylene furanoate).  Avantium Renewable Polymers has also entered into a letter of […]

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Avantium secures $27.5M funding for FDCA flagship plant

Avantium secures $27.5M funding for FDCA flagship plant

November 30, 2019 |

In the Netherlands, Avantium secured a significant financial milestone of €25 million (about USD $27.5 million) in its mission to fund its FDCA flagship plant. Thanks to this grant, Avantium are well on the road to make plant-based FDCA (furandicarboxylic acid) and PEF (polyethylene furanoate) commercially available and represents an important financing milestone for Avantium. […]

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Avantium opens branch office in Japan for PEF

Avantium opens branch office in Japan for PEF

November 16, 2019 |

In the Netherlands, Avantium Renewable Polymers is establishing an Avantium branch office in Japan as part of its strategy to focus on high-value applications for PEF (polyethylene furanoate). This branch office will operate under the name Avantium Japan K.K and will help accommodate the development and marketing of PEF in high-value applications in the Japanese […]

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Genomatica’s brontide, Avantium’s PEF and more make for exciting times

Genomatica’s brontide, Avantium’s PEF and more make for exciting times

November 3, 2019 |

Renewable chemicals are electrifying lately, and becoming more mainstream.  Like skydiving, you take a leap of faith. You prepare. You have a parachute. You check your buckles, straps, pulls, and go through all the necessary safety procedures. You check and double check and triple check. And you don’t go alone. That’s just what today’s renewable companies are […]

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Avantium awarded $6.6M EU grant to accelerate its technologies

Avantium awarded $6.6M EU grant to accelerate its technologies

September 7, 2019 |

In the Netherlands, Avantium N.V. is awarded €6 million (about $6.6 million) as part of a SPIRE grant to accelerate its Dawn (new biorefinery process) and Mekong (novel catalytic process for plant-based MEG) technologies in addition to utilizing its expertise in Catalysis. SPIRE, part of Horizon2020, is the European subsidy programme to facilitate the region’s […]

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Avantium reports progress towards commercialization, $3.3M grant

Avantium reports progress towards commercialization, $3.3M grant

August 25, 2019 |

In the Netherlands, technology development and renewable chemistry company, Avantium N.V. reported in its 2019 half year results that the “company is progressing its technologies towards commercialization.” In particular, their most advanced technologies – Mekong and Dawn – are progressing towards commercialization thanks to €3 million (about $3.3 million) in European Union grants that were […]

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Avantium CFO Frank Roerink to step down at the end of 2019

Avantium CFO Frank Roerink to step down at the end of 2019

July 14, 2019 |

In the Netherlands, Avantium’s CFO and member of the Management Board, Frank Roerink, will leave the company at the end of 2019. He will continue to fulfill his responsibilities for the remainder of the year. This allows the company to start looking for a successor. Kees Verhaar, Chairman of the Supervisory Board, said, “As Avantium […]

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Avantium awarded nearly $1.5M for providing sugar streams from nonfood feedstock

Avantium awarded nearly $1.5M for providing sugar streams from nonfood feedstock

June 30, 2019 |

In the Netherlands, Avantium N.V. has been awarded €1.3 million (almost $1.5 million) for its Dawn and Mekong Technologies from the Bio Based Industries Joint Undertaking (BBI JU) under the European Union’s Horizon 2020 research and innovation program. The consortium, coordinated by Avantium, works on developing 100% plant-based chemicals produced from renewable raw materials. The […]

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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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