Avantium Raises €36M Investment from Swire, The Coca-Cola Company, DANONE and ALPLA

Avantium Raises €36M Investment from Swire, The Coca-Cola Company, DANONE 
and ALPLA 
AMSTERDAM, June 5, 2014 /CNW/ - Today AVANTIUM announced that it has closed a 
financing round of €36 million ($50 million) from a consortium of iconic 
strategic players. This unique consortium consists of Swire Pacific, The 
Coca-Cola Company, DANONE, ALPLA, and existing shareholders. With this capital 
raise the new investors affirm their commitment to advancing PEF, Avantium's 
next generation packaging material. Proceeds will be used to complete the 
industrial validation of PEF and finalize the engineering & design of the 
first commercial scale plant. As part of its strategy to use responsibly 
sourced plant based materials for PEF production, Avantium will validate the 
use of 2(nd) generation feedstock. 
Follow on investments were made by existing shareholders Sofinnova Partners, 
Capricorn Venture Partners, ING Corporate Investments, Aescap Venture, Navitas 
Capital, Aster Capital and De Hoge Dennen Capital. 
Tom van Aken, CEO Avantium stated: "Closing this financing round with Swire, 
The Coca-Cola Company, Danone, ALPLA and our existing investors underpins 
their commitment to making PEF bottles a commercial success. PEF is a 100% 
biobased plastic with superior performance compared to today's packaging 
materials and represents a tremendous market opportunity. Our proprietary YXY 
technology to make PEF has been proven at pilot plant scale as we are now 
moving to commercial deployment. " 
Philippe Lacamp, Swire Pacific's Head of Sustainable Development said, "We are 
excited to invest in Avantium, which has an impressive track record in 
developing breakthrough technology. This investment aligns with our 
sustainable development strategy to build and develop a portfolio of promising 
early stage sustainable technologies to reach commercial scale. The technology 
that Avantium supplies represents a pathway to the next generation of 
bio-based packaging materials, and has huge potential application for our 
existing bottling businesses." 
Yu Shi, Director Next Generation Materials and Sustainability Research at The 
Coca-Cola Company comments, "By advancing smart technology, we believe 
performance and sustainability can go hand-in-hand to make a world of 
difference for consumers, the environment and our business. Avantium's 
breakthrough technology continues to offer a promising pathway for supporting 
both our efforts to commercialize renewable, plant-based plastics and develop 
unique properties for packaging to drive new growth.  We are pleased to 
further expand our existing partnership with Avantium through this latest 
Frederic Jouin, Director of Danone Research Packaging Center comments: "We 
participate in this venture as we believe in the future of bio-based plastics 
for our packaging, with a potential significant reduction in carbon footprint 
and enhanced barrier properties compared to PET. With this investment, we 
re-affirm our will to launch a 100% bio-based bottle not in direct competition 
with food and 100% recyclable and our wish to accelerate this launch on the 
Jan van der Eijk, Chairman of the Avantium Supervisory Board, adds; "It is a 
remarkable milestone in the biobased chemicals industry that large brand 
owners, such as The Coca-Cola Company and DANONE jointly invest for the first 
time in a company like Avantium. Together with the investment of Swire and 
ALPLA, it is clear to us that the market is willing to back winning 
technologies, such as PEF". 
About Avantium -http://www.avantium.com/financing 
Avantium is a leading technology company specialized in the area of advanced 
high-throughput R&D. The company develops and commercializes YXY - the brand 
name for its cost competitive technology platform to catalytically convert 
plant based materials into biobased chemicals and bioplastics like PEF. PEF is 
a novel 100% biobased polyester with enhanced barrier, thermal and mechanical 
properties over existing packaging materials. These properties enable new 
packaging innovations to make lighter, thinner, smaller and stronger bottles, 
to extend product shelf life and to provide supply chain benefits. Combined 
with the 50-70% reduction in carbon footprint, PEF fulfils key criteria to 
become the next generation biobased plastic for bottles, film and fibers. 
Today Avantium is supplying its technology development partners with PEF 
manufactured from material produced at its pilot plant in Geleen, The 
Netherlands. Avantium is planning its first commercial scale plant 
(50,000ton), which is projected to be operational in 2017 to enable the full 
commercial launch of the first PEF bottles to consumers.

SOURCE  Avantium 
http://www.avantium.com/ ; For more information about Avantium, please contact 
Dominique Levant: Tel: +31 (0)20 586 0132, Email: info@avantium.com.About 
Swire Pacific Limited: http://www.swirepacific.com/en/global/home.php  ; For 
more information about Swire, please contact Cindy Cheung: Tel: +852 2840 
8091, Email: cindycheung@jsshk.com. About The Coca-Cola Company: 
http://www.coca-colacompany.com/our-company/ ; For more information about The 
Coca-Cola Company, please contact Kerry Tressler: Tel: +1 404 676 3676, Email: 
ketressler@coca-cola.com. About Danone: http://www.danone.com/en/ ; For more 
information about Danone, please contact Stéphanie Spira: Tel: +33 6 99 19 13 
57, Email: Stephanie.SPIRA@danone.com.About ALPLA: http://www.alpla.com/en ; 
For more information about ALPLA, please contact Sabrina Ortner: Tel: 
+43-(5574)-602-241, Email: Sabrina.ortner@alpla.com 
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CO: Avantium
ST: Netherlands
-0- Jun/05/2014 15:00 GMT
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