Plan set up pilot plant for 50K tons FDCA and PEF per year by Avantium

Avantium declared its current investment of $50 million to finance a joint project with DANONE, ALPLA, Coca-Cola and other shareholders. All of these companies are strategic players of the consortium which is based upon the idea of industrial evolution of PEF. The company is planning set up of its first commercial level plant with 2nd generation feedstock. The main objective of the strategy is to carry out successful production of PEF, the biobased plastic. The engineering and design of the plant is still being planned yet. The PEF resin made by the company is totally bio based plastic which can be used as alternate of PET. The company bears YXY molecule based on combination of MEG and FDCA. According to Avantium, PEF has better properties than PET as it poses higher barrier to water, CO2 and O2, reduction of cost is also an additional advantage of this bioplastic. Read more about this matter here at - http://greenchemicalsblog.com/2014/06/10/avantium-raises-e36m-ready-for-commercial-scale/

Currently the company is engaged producing about 40 tons per year from the pilot plant in Netherlands. Moreover, the plan of beginning a pilot plant for manufacturing of FDCA and PEF is going on but the location for the same is not finalized yet. The plant is expected for production of 50K tons per year by 2017.