Tag: Avantium

Avantium completes spin-off of Parana Materials

October 5, 2026 | Rebecca Gendron

In the Netherlands, biobased chemicals producer Avantium has completed the spin-out of its Parana Technology business into Parana Materials B.V. The new, independent company is focused on the development and commercialization of plant-based, high-performance polyesters such as poly(isosorbide succinate), poly(isosorbide oxalate), poly(ethylene-co-isosorbide terephthalate) and poly(ethylene-co-isosorbide furanoate) (PEIF). The Parana Technology portfolio is distinct from Avantium’s furandicarboxylic […]

Avantium’s biobased FDCA plant moves closer to first production

September 14, 2026 | Rebecca Gendron

In the Netherlands, renewable chemicals producer Avantium has successfully completed the commissioning of the purification unit at its furandicarboxylic acid Flagship Plant in Delfzijl. With the purification unit now commissioned, all major process units of the plant have been successfully commissioned. The successful commissioning of the purification unit follows the previously announced start-up of the […]

Avantium spins out electrochemical platform into Carbeau

July 15, 2026 | Meghan Sapp

In the Netherlands, Avantium N.V. recently announced the spin‑out of its electrochemical platform, previously known as Volta Technology, into a new, independent company named Carbeau, with retrospective effect from 1 April 2026. Carbeau is backed by a strong investor consortium comprising GKT, Invest‑NL, Al Baleed Petrochemical and NOM, alongside Avantium. Volta Technology is an electrochemical […]

Avantium spins out Volta technology into new company

July 13, 2026 | Rebecca Gendron

In Amsterdam, biobased chemicals maker Avantium N.V. has spun out its electrochemical platform, previously known as Volta Technology, into a new, independent company named Carbeau, with retrospective effect from 1 April 2026. Volta Technology is an electrochemical platform that converts CO₂ into high-performing chemicals using electricity. Carbeau is backed by a strong investor consortium comprising […]

Avantium updates LCA for plant‑based polymer PEF

June 16, 2026 | Meghan Sapp

In the Netherlands, Avantium N.V has updated the Life Cycle Assessment (LCA) of its plant‑based polymer PEF (polyetehylene furanoate), branded as releaf®. The LCA shows that releaf® can reduce greenhouse gas emissions by up to 88% in 500 mL beverage bottle applications, compared to conventional PET under representative European conditions. At resin level, emissions can […]

Avantium pushes back startup of Delfzijl plant

February 2, 2026 | Rebecca Gendron

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 […]

Avantium teams with Packamama on sustainable wine packaging

January 20, 2026 | Meghan Sapp

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 […]

Avantium signs MOU with Tereos and LVMH

September 24, 2025 | Meghan Sapp

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 […]

Avantium lands $11.6M senior debt to cover short-term liquidity needs

September 3, 2025 | Meghan Sapp

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 […]

Avantium secures €10 million in short-term financing

June 30, 2025 | Rebecca Gendron

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 […]

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