Avantium Appoints Jonathan Wolfson to its Supervisory Board

         Avantium Appoints Jonathan Wolfson to its Supervisory Board

PR Newswire

AMSTERDAM, January 31, 2013

AMSTERDAM, January 31, 2013 /PRNewswire/ --

Avantium announced the appointment of Jonathan Wolfson to its Supervisory
Board. Jonathan Wolfson is Chief Executive Officer and co-founder of Solazyme.
Solazyme is a leading industrial biotechnology company producing renewable oil
and bioproducts from microalgae for fuels, chemicals, nutrition and personal
care products. Solazyme (SZYM) is a US stock listed company at NASDAQ. Mr.
Wolfson and Solazyme have received numerous awards for their technology
pioneering role in the industrial biotechnology industry. Mr. Wolfson holds
J.D. and M.B.A. degrees from the NYU School of Law and the NYU Stern School of
Business

Jonathan Wolfson said on his appointment:"I am very happy to join the
Supervisory Board at Avantium. I have known the Company for years and have
been increasingly impressed with its world class catalytic technology and the
incredibly exciting development of the YXY technology platform. I look
forward to working with the company as it brings its disruptive biobased
plastics and chemicals to market."

"We are proud to have Jonathan Wolfson appointed to our Supervisory Board",
says Tom van Aken, CEO of Avantium. "Jonathan has played a major role in the
successful development of Solazyme, its successful IPO and the formation of
strategic partnerships in the food, cosmetics and fuels industries. His
experience and insights in bringing biobased chemicals to the market, will be
very valuable for Avantium to commercialize its YXY technology for the
production and use of FDCA and PEF."

About Avantium

Avantium is a game-changing renewable chemicals company with leadership in
advanced catalysis R&D. It developed the breakthrough YXY technology, a
proprietary process to convert carbohydrates into the green building blocks
FDCA for making biobased plastics and biobased chemicals at cost competitive
prices in large markets. Avantium's lead application PEF (polyethylene
furanoate) fulfils key criteria to become the next generation biobased
plastics for bottles, film and fibers. Avantium has demonstrated the value and
commercial potential of its unique technology by collaborating with leading
companies like The Coca-Cola Company and Danone for the development of 100%
biobased PEF bottles. Avantium plans to have the first commercial scale
manufacturing plant operational by 2016. Avantium laboratories and
headquarters are based in Amsterdam, the Netherlands.

SOURCE Avantium

Contact: For more information: Please contact Mari√ętte Hoogendoorn at
+31-20-586-8010 or visit our website http://www.avantium.com.
 
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