On June 5, 2014, Avantium announced the closing of a financing round of €36 million ($50 million) from a consortium of investors that consist of Swire Pacific, The Coca-Cola Company, DANONE, ALPLA, and existing shareholders. According to the press release, the company will use the funds to furthe...
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Company Profile | April 08, 2022
Produces CMF and hydrothermal carbon (HTC) from wood chips; develops routes for CMF derivatives like TPA for polyethylene terephthalate (PET) and FDCA for polyethylene furanoate (PEF) Primarily targets CMF as an intermediate for biobased PET production as well as specialty chemicals and ... Not part of subscription
Company Profile | April 20, 2022
No Waste (NoW) Technology is a technology developed and patented by Policarta in 2014; Policarta was acquired by AFC Group and is a part of AFC Materials NoW's technology is a primer that can be applied onto paper substrates during the lamination process; this allows the paper substrate to be ... Not part of subscription
News Commentary | April 21, 2022
After years of uncertainties and a huge falling out with Synvina and BASF, Avantium has finally secured the funding it needs to build its FDCA (furandicarboxylic acid) flagship plant. The company has received EUR 90 million in debt financing from a consortium of Dutch banks for the financial close. ... Not part of subscription