Report Publication Announcement • Mar 28, 2022
Report Publication Announcement
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AMSTERDAM, 28 March 2022, 13:00 hrs CEST – Avantium, a leading technology company in renewable chemistry, will host the Avantium Retail Investor Day today at the Brightlands Chemelot site in Geleen, where Avantium's FDCA (furandicarboxylic acid) pilot plant is located. FDCA is the main building block of the 100% plant-based, recyclable plastic PEF (polyethylene furanoate), which also has functional advantages over plastics made from petroleum.
During the Retail Investor Day, Avantium's management will elaborate on Avantium's innovative technologies and the commercial potential of these solutions. Besides a review of the past period, more insight will be given into the construction of the world's first commercial FDCA plant. Interested parties can also participate in a tour of the FDCA pilot plant.
All presentations of the Avantium Retail Investor Day are available on the Avantium website: https://www.avantium.com/at-a-glance/#c-e-p
The presentations will be filmed and the film will also be made available on the Avantium website: https://www.avantium.com/at-a-glance/#c-e-p
Avantium is a leading technology development company and a forerunner in renewable chemistry. Avantium develops novel technologies based on renewable carbon sources as an alternative to fossilbased chemicals and plastics. The company currently has three technologies at pilot and demonstration phase. The most advanced technology is the YXY® plant-to-plastics–technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and will start construction of the world's first commercial plant for large-scale production of PEF in 2022. The second technology is Ray Technology™ and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol): plantMEG™. Avantium is scaling up its Ray Technology™ and the demonstration plant in Delfzijl, the Netherlands opened in November 2019. The third technology is called the Dawn Technology™ that converts non-food biomass into industrial sugars and lignin in order to transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the Dawn Technology™ pilot biorefinery in Delfzijl, the Netherlands. Next to developing and commercialising renewable chemistry technologies, the company also provides advanced catalysis R&D services and systems to customers in the refinery and chemical industries. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.
Avantium's shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Its offices and headquarters are in Amsterdam, the Netherlands.
Caroline van Reedt Dortland, Director Communications, Avantium +31-20-5860110 / +31-613400179, [email protected]
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