Avantium signs offtake agreement with Sukano

April 21, 2022 |

In the Netherlands, Avantium N.V has signed a conditional offtake agreement with Sukano AG, a reputable expert in additive and color masterbatches and compounds for polyester and specialty resins. The masterbatches are tailored to impart properties to plastics and as such are an effective way to diversify and expand polymer applications. With PEF from Avantium’s FDCA Flagship Plant, Sukano will develop masterbatches for PEF resins, facilitating fast adoption in many diversified markets and thus accelerating the growth of PEF.

Avantium recently announced that it has started the construction of the world’s first commercial plant for the production of FDCA (furandicarboxylic acid) from plant-based sugars. FDCA is the key ingredient for making the sustainable, circular and high-performance plastic material PEF (polyethylene furanoate). Avantium expects that construction of this FDCA Flagship Plant is completed by the end of 2023, enabling the commercial launch of PEF from 2024 onwards. In 2021, Avantium generated offtake commitments for half of the Flagship Plant’s capacity.

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Category: Fuels

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