This morning, Avantium announced it has secured a EUR10m senior debt facility from Dutch government-backed Invest-NL to bolster near-term liquidity. The financing is structured as short-term debt, with repayment expected via proceeds from a planned forthcoming equity raise. This transaction supplem
This morning Avantium announced it has signed a five-year conditional offtake agreement with PLIXXENT, an independent polyurethane systems manufacturing house answering various industries, from construction to footwear, energy or automotive. This confirms FDCA as a versatile monomer and extends its
This morning, Avantium announced that Japan has officially included FDCA (2,5-furandicarboxylic acid) on its Positive List for food contact plastics. The Positive List system is part of Japan’s Food Sanitation Law and was introduced in 2020 to enhance consumer safety, only permitting pre-approved c
Yesterday, Avantium announced that its PET/PEF multilayer bottle, containing 10% plant-based Releaf, has been validated by RecyClass as fully compatible with the PET recycling stream. This recognition strengthens its position under Extended Producer Responsability (EPR) frameworks and opens up new
This morning, Avantium announced a multi-year capacity reservation agreement (CRA) with Royal Hordijk to supply PEF from its future license network. This deal gives Royal Hordijk preferred access to PEF volumes for making trays and injection-moulded packaging in food, cosmetics and other consumer-g
Yesterday, Avantium announced that it has unlocked EUR10m in short-term financing, addressing immediate liquidity needs and providing operational runway as the company pursues longer-term funding solutions. The package comprises instruments that were part of the broader EUR46.3m financing framework
Yesterday, Avantium announced a conditional offtake agreement with Hoogesteger, a leading Dutch producer of fresh cold-pressed juices, to supply its 100% plant-based, recyclable polymer PEF for use in juice bottles. This agreement marks another step in the commercialisation of Avantium’s PEF materi
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.