Avantium lands EU grant for Rebiolution1 Horizon Europe project

In the Netherlands, Avantium N.V has been awarded a €0.76 million grant by the EU Horizon Europe program for its participation in the research and development program Rebiolution1. This program aims to design and synthesize biobased and biodegradable polyester blends based on FDCA (furandicarboxylic acid) and other biobased monomers, to be used as plastic coating for food packaging and for mulch films for agricultural applications. The €0.76 million grant will be paid out in tranches to Avantium over a period of three years, starting in June 2023.