Avantium is a pioneer in the emerging industry of renewable and sustainable chemistry. The Company creates disruptive technologies to accelerate transition from fossil-based to renewable and circular plastics

Avantium develops innovative products for the production of PEF, a 100% plant-based, recyclable and degradable polymer with a wide range of applications such as packaging, textiles, film, and many more

Avantium’s most advanced products include :
- FDCA (furandi-carboxylic acid), the main building block for PEF;
- plantMEG: an important chemical building block for PET or PEF resin for bottles and packaging; fibers for apparel, furniture and automotive; and solvents (e.g. paint and coatings) and coolants

The Company announced in December 2021 the positive final investment decision for its first FDCA flagship plant, which will be the world’s first factory to produce FDCA on a commercial scale, with a capacity of 5 kt/a and a construction expected to be completed by end 2023

The capital raise proceeds will be used to further develop Avantium’s portfolio of technologies including the plantMEG™ technology as well as biorefinery and CO2 based chemicals and polymers technologies and assess economic feasibility and scale-up towards further commercialization

About Avantium

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 fossil-based 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 commence construction of the world's first commercial plant for large-scale production of PEF in 2022 at its FDCA Flagship Plant in Delfzijl, the Netherlands. The second technology is Ray Technology™ which catalytically converts industrial sugars to plantMEG™ (mono-ethylene glycol) and plantMPG™ (mono-propylene glycol). 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. In addition 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.

Discover Avantium

Pierre Kiecolt-Wahl

Equity Capital Markets

Pierre Kiecolt-Wahl photo

Philippe Le Sann

Investment Banking

Philippe Le Sann photo

Grégoire Angleys

Equity Capital Markets

Gregoire Angleys photo

Charles Récapé

Investment Banking

Arthur Saint-Pol

Pierre-Etienne Benaich

Equity Capital Markets

Deal Team

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