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 […]
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, […]
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 […]
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. […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
