Successful IPO of Avantium which raised €103 million on Euronext

Avantium and Coca-Cola together to produce bio-based bottles. Tom Van Aken is the first on the right

The European bioeconomy takes another step forward thanks to the successful initial public offering of Avantium which raised €103 M on Euronext Amsterdam and Euronext Bruxelles. Sofinnova Capital VI – Sofinnova Partners states – remains the main shareholder after the IPO. The initial public offering was multiple times oversubscribed.

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Avantium and AkzoNobel to develop a reference plant at the Chemie Park Delfzijl

Avantium's pilot plant in the Nerherlands
Avantium’s pilot plant in the Nerherlands

Avantium, a leading chemical technology company and forerunner in renewable chemistry, partnered with AkzoNobel, Chemport Europe, RWE and Staatsbosbeheer for the development of a reference plant at the Chemie Park Delfzijl. This important step marks the next stage of a collaborative effort to determine the feasibility of a wood to chemicals biorefinery in Delfzijl.

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Avantium acquires the assets of Liquid Light

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The pilot plant of Avantium in Geleen, The Netherlands

Avantium, the Dutch leading chemical technology company and forerunner in renewable chemistry, has acquired the assets of Liquid Light Inc., a renowned developer of electrochemical processes. Liquid Light has developed proprietary process technology to make major chemicals from low-cost, globally-abundant carbon dioxide (CO2). The acquisition combines the technologies of both Liquid Light and Avantium to develop a world leading electro-catalysis platform and to commercialize new process technologies using CO2 as feedstock to produce sustainable chemicals and materials. The integration of the Liquid Light assets into Avantium is complete and effective immediately. Financial details of the transaction were not disclosed.

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BASF and Avantium establish a new joint venture called Synvina

Headquarter of Basf in Ludwigshafen
Headquarter of Basf in Ludwigshafen

BASF and the Dutch leading chemical technology company Avantium yesterday announced that they have established a joint venture (JV) called Synvina for the production and marketing of furandicarboxylic acid (FDCA) produced from renewable resources (fructose from plants as feedstock rather than conventional oil derivatives), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block.

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Japanese Toyobo and Dutch Avantium partners on PEF polymerization and PEF films

Avantium and Coca-Cola together to produce bio-based bottles
Avantium is also partner of Coca-Cola to produce bio-based bottles

Toyobo, one of Japan’s top makers of fibers and textiles, and Avantium, a Dutch scale-up renewable chemicals company that develops and commercializes a next generation biobased chemicals and bioplastic, yesterday announced their partnership on PEF polymerization and PEF films. The two companies have jointly developed thin films made from PEF, a 100% biobased plastic based on Avantium’s proprietary YXY technology for the production of FDCA.

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BASF and Avantium together for biobased films and plastic bottles

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Kurt Bock, Ceo of BASF

The German chemical giant BASF and the Dutch leading chemical technology company Avantium today announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA) produced from renewable resources, as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block.

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The 10 Most Innovative Bioeconomy Chief Executive Officers in 2015

Bioeconomy every day @ BioBased World 2015 in Frankfurt am Main
Bioeconomy every day @ BioBased World 2015 in Frankfurt am Main

The bioeconomy is innovation, the result of the skills and passion of researchers and managers able to create value and new high-qualified jobs. At the end of 2014 Il Bioeconomista launched a new initiative: The 10 Most Innovative Bioeconomy CEOs. We ask a panel of world bioeconomy experts to tell us the Chief Executive Officers that have stood out as the most innovative during the last year.

This is the result in 2015:

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Avantium and Mitsui to commercialize 100% biobased chemicals FDCA and PEF in Asia

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In the middle Tom van Aken, Ceo Avantium, selected by Cleantech Group as European Cleantech Company of the Decade

Avantium, a Dutch scale-up renewable chemicals company that develops and commercializes a next generation biobased chemicals and bioplastic, signed an agreement with Mitsui & Co. to commercialize 100% biobased chemicals FDCA (furandicarboxylic acid) and PEF (polyethylene furandicarboxylate) in Asia. As part of this agreement, Mitsui has been granted a right to pu rchase a sizable volume of FDCA from the first commercial FDCA plant to be constructed by Avantium.

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Avantium sells its crystallization systems business to Technobis

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Avantium and Coca-Cola together to produce bio-based bottles

Avantium, a leading technology company specialized in the area of advanced catalytic research and renewable chemistry, announces today the successful sale of its crystallization systems business to the Technobis Group, a group of companies providing development and supply of high-tech instruments and modules for companies worldwide.

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Avantium recognised in the Global Cleantech 100 list and awarded as company of the year in Europe

Avantium and Coca-Cola together to produce bio-based bottles
Avantium and Coca-Cola together to produce bio-based bottles

Avantium was recognised in the distinguished Global Cleantech 100 list and awarded as company of the year in Europe and Israel.  The company, which is a spin-out from Royal Dutch Shell and is headquartered in The Netherlands, was among a number of bio-based organisations, clearly demonstrating the power of innovation in the renewable chemical sector. The annual selection of 100 top cleantech companies is made from 6,000 companies from 60 countries.

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