The company produces and licenses its mycelium‑based materials for wide range of applications including packaging, food, building materials, insulation, apparel, and more; the company grows fungal tissue with agricultural byproducts using a proprietary solid‑state fermentation technology
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Novamont produces biobased and EN13432‑compliant biodegradable and compostable polymers, biochemicals, and esters from plant‑based feedstocks like cornstarch, sugar, and vegetable oils; participating in research projects aimed at valorizing byproducts and waste streams like agriculture residues, ...
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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 ...
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by Gihan Hewage
Following its dispute with Avantium, BASF notified Avantium it would be exiting their JV, Synvina, rendering Synvina a wholly owned subsidiary of Avantium. While PEF has stood out in the bio-based polymer space for having improved performance over incumbents for specific applications (such as multilayer plastics replacement), this announcement could prove fatal for its commercialization. Avantium still has strong partnerships throughout its value chain, but BASF was critical in bringing this technology to a commercial scale for both financial contributions and technical expertise in scaling chemical processes. Its absence from the JV provides an opportunity to help scale PEF, despite its recent decrease in momentum.
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