Avantium signs conditional offtake with LVMH for plant-based PEF to be used in packaging

August 31, 2022 |

In the Netherlands, Avantium N.V has signed a conditional offtake agreement with world luxury goods leader LVMH Group (Moët Hennessy Louis Vuitton). With this offtake agreement, LVMH Perfumes & Cosmetics Houses has secured a fixed volume of the plant-based, recyclable and high-quality material PEF (polyethylene furanoate) from Avantium’s Flagship Plant for its cosmetics packaging. Avantium expects to start-up its Flagship Plant in 2024, enabling the commercial launch of PEF.

Avantium is currently constructing its FDCA Flagship Plant, which is 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 and circular plastic material PEF. PEF is 100% plant based and can be fully recycled. Moreover, the PEF outperforms traditional packaging materials such as conventional petroleum-based plastic. It has superior barrier properties – leading to longer product quality – and also has higher mechanical strength – enabling thinner packaging and  thereby reducing the amount of material required.

Category: Fuels

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