October 21, 2016 7:51 PM ET


Company Overview of Avantium Technologies B.V.

Company Overview

Avantium Technologies B.V., a renewable chemicals company, develops and commercializes biobased plastics, chemicals, and fuels. The company offers polyethylene furanoate (PEF), a biobased and recyclable polymer that is used in various applications, such as packaging of soft drinks, water, alcoholic beverages, fruit juices, and food and non-food products. Its products comprise PEF bottles, fibers, and films; furanics biofuels and biofuels components; and furan-di-carboxylic-acid-based polyamides for engineering plastics, nylons, and fibers. The company also offers catalysis research and development services; and Flowrence technology, a parallel fixed bed reactor system for testing whole extru...

Zekeringstraat 29

Amsterdam,  1014 BV


Founded in 2000


31 20 586 8080


31 20 586 8085

Key Executives for Avantium Technologies B.V.

Chief Executive Officer
Chief Financial Officer
Director of Operations
Managing Director of Catalysis Services & Systems Business
Vice President of Strategic Account Management
Compensation as of Fiscal Year 2016.

Avantium Technologies B.V. Key Developments

BASF and Avantium Intend to Establish Joint Venture

BASF and Avantium announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical building block. FDCA is produced from renewable resources. The JV will use the YXY processĀ® developed by Avantium in its laboratories in Amsterdam and pilot plant in Geleen, Netherlands, for the production of FDCA. It is intended to further develop this process as well as to construct a reference plant for the production of FDCA with an annual capacity of up to 50,000 metric tons per year at BASF's Verbund site in Antwerp, Belgium. The aim is to build up leading positions in FDCA and PEF, and subsequently license the technology for industrial scale application. FDCA is the essential chemical building block for the production of PEF. Compared to conventional plastics, PEF is characterized by improved barrier properties for gases like carbon dioxide and oxygen. This can lead to longer shelf life of packaged products. Due to its higher mechanical strength, thinner PEF packaging can be produced, thus a lower amount of packaging material is necessary. Therefore PEF is particularly suitable for the production of certain food and beverage packaging, for example films and plastic bottles. After use, PEF can be recycled.

Avantium Appoints Steven Olivier as Managing Director of its Catalysis Services & Systems Business

Avantium has announced that it has appointed Steven Olivier as Managing Director of its Catalysis Services & Systems business. Steven will be responsible for the growth strategy of this business unit of Avantium. Steven Olivier has previously worked at Albemarle and AkzoNobel in a range of general management and commercial roles.

Avantium Appoints Gabrielle Reijnen to its Supervisory Board

Avantium announced the appointment of Gabrielle Reijnen to its Supervisory Board. Ms. Reijnen is Managing Director with Alvarez & Marsal in Amsterdam. She has over 20 years of experience in corporate and investment banking with an extensive background in corporate finance /M&A advisory, deb and equity capital markets, capital structuring, financing and risk management situations for clients in a variety of industries.

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Recent Private Companies Transactions

Private Placement
April 19, 2016

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