In the Netherlands, Avantium N.V. signed a conditional offtake agreement with Sukano AG, an expert in additive and colour masterbatches and compounds for polyester and specialty resins. 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. […]
In the Netherlands, Avantium N.V., a renewable chemistry tech company, said it reached Financial Close for the construction of its FDCA Flagship Plant in Delfzijl, the Netherlands. The world’s first commercial FDCA factory is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) per annum, the key building block for the 100% fossil-free, recyclable polymer […]
The stars were aligning for the world’s 1st FDCA Flagship Plant construction when Avantium’s shareholders granted the requested approvals for all items on the agenda related to it earlier this year with an expected operational date of 2024, enabling the commercial launch of PEF from 2024 onwards. So what’s the status now? What’s the inside […]
In the Netherlands, Avantium’s shareholders granted the requested approvals for all items on the agenda related to the positive Final Investment Decision on the construction of the world’s first FDCA Flagship Plant taken in December 2021. Avantium expects the FDCA Flagship Plant will be operational in 2024, enabling the commercial launch of PEF from 2024 […]
FDCA – furandicarboxylic acid – is the key building block of the wondrous 100% plant-based, recyclable plastic material PEF, or polyethylene furanoate, clear bottle plastic we all know and love. It’s better than traditional PET with its superior barrier properties and other functional advantages, and now it’s getting a huge push for scaling up […]
The entire world is aligned and charging forward on plastics, if you only consider the first two letters. REcycle, REplace, REuse, REduce. In other words, no one agrees on anything except the need for change. What’s been missing is the REsource option — changing the way we make plastics, instead of trying to live in […]
In the Netherlands, Avantium signed a conditional offtake agreement with Resilux, an international rigid plastic packaging supplier, for the supply of PEF resin from the planned Avantium FDCA flagship plant. This brings the total of such offtake contracts to five. The planned FDCA flagship plant is set to produce 5 kilotonnes of FDCA (furandicarboxylic acid) […]
In the Netherlands, Avantium’s subsidiary Avantium Renewable Polymers signed two additional conditional offtake agreements for the supply of PEF resin to manufacture bottles and films, bringing the total now to four such contracts. Avantium RNP aims to commercialize its proprietary plants-to-plastics YXY® Technology, which is used to produce FDCA (furandicarboxylic acid) – the main building […]
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 […]
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. […]
