In the Netherlands, Avantium now expects startup of its furan dicarboxylic acid plant at Delfzijl to be complete by the middle of the year, with fulfillment of offtake agreements beginning in the latter half of the year. FDCA is a biobased precursor for the bioplastic polyethylene furanoate. The updated timeline is roughly a year behind […]
In the Netherlands, Avantium N.V. has entered into a capacity reservation agreement with Packamama, the UK- and Australia-based innovator in sustainable wine packaging. Through this collaboration, Packamama will secure future volumes of Avantium’s plant-based and recyclable polymer PEF (polyethylene furanoate), branded as releaf®, from licensed plants using Avantium’s proprietary YXY® Technology for the production of […]
In the Netherlands, Avantium N.V has signed Memoranda of Understanding with Tereos, a global leader in sugar, starch, alcohol and bioethanol production, and with LVMH GAÏA, the scientific and environmental R&D division of LVMH Moet Hennessy – Louis Vuitton, the world leader in luxury. Together, the parties will establish a strategic collaboration to accelerate the […]
In the Netherlands, Avantium N.V has secured €10 million senior debt financing, provided by Dutch government-backed investment fund Invest-NL, to meet short-term liquidity requirements. This short-term debt is expected to be repaid through the proceeds from a future planned equity raise. This financing follows the €10 million package secured in June 2025 from the Province […]
In Amsterdam, renewable polymer producer Avantium has secured a €10-million financing to address its short-term liquidity needs. The transaction includes access to the second tranche of €4 million under the €9.9-million subordinated loan from the Province of Groningen, as well as a €6-million drawdown from the €20.1 million increase of the senior debt financing facilities […]
In the Netherlands, Avantium has been awarded a €200,000 grant by the EU Horizon Europe program to participate in the CERISEA consortium for the large-scale production of the biobased chemical 5-hydroxymethylfurfural. The consortium, which consists of 12 European partners and is led by Michelin Engineered Polymers, aims to construct and operate an HMF flagship plant […]
In the Netherlands, Avantium N.V., a specialist in renewable and circular polymer materials, has signed a joint development agreement with Amcor Rigid Packaging USA to explore the use of Avantium’s plant-based polymer PEF – branded as releaf – in rigid containers for various products, including food, beverage, pharmaceutical, medical, home, and personal care. Additionally, Amcor […]
In the Netherlands, biobased chemicals company Avantium has announced an expanded partnership with SCG Chemicals Public Company Limited to pilot the production of polylactic-co-glycolic acid as a polyester alternative. Using Avantium’s Volta Technology, which converts CO2 into high-value products such as glycolic acid, the partnership aims to produce PLGA using existing manufacturing assets. PLGA is […]
In the Netherlands, biobased chemical firm Avantium has officially opened the world’s first large-scale furandicarboxylic acid at Delfzijl. The facility has the capacity to produce 5,000 tons of FDCA annually. The FDCA will be converted into plant-based and circular plastic polyethylene furanoate, a 100% plant-based polyester that can be used in several applications, including bottles, […]
In the Netherlands, Avantium has been awarded a €3.5 million grant from the EU Horizon Europe program for its participation in the research and development program ICONIC. The ICONIC program aims to convert CO2 into formic acid, a key ingredient for sustainable protein production. The €3.5 million grant will be paid out in tranches to […]
