4 April 2019

Avantium makes steady progress in challenging year

Company opened a pilot biorefinery for their proprietary Dawn TechnologyTM in Delfzijl, that converts non-food feedstock to industrial sugars and lignin

Tom van Aken, CEO of Avantium: “Last year was challenging for Avantium, with the dissolution of our Synvina joint venture with BASF leading to an adjustment of our plans for our YXY plants-to-plastics technology. We remain determined to bring the YXY technology to market and build a successful venture for all our stakeholders. I strongly believe that our unique know-how and the value chain we have built around YXY will allow us to unlock the market potential. Big-picture developments in our industry are encouraging; last year was pivotal for the plastics industry as circular thinking became enshrined in policy and legislation. Avantium applauds this development and is ready to move forward as we have advanced two of our other unique plants-to-plastics technologies – Dawn™ and Mekong – from laboratory to pilot scale.”
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Source: Avantium, press release, 2019-03-27.

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