Avantium awarded fifth time consecutively in 2014

Avantium, the leading technology company is known for specialization in the field of advance catalytic research having good foundation in innovative ideas as the mail objective. With its two business units, YXY and Catalysis works with the goal of fulfilling the customers’ demand by offering swift and smart solutions. The staff of the company possesses extensive expertise and knowledge about the advanced technologies so that one can be expect getting good catalysts, innovative chemical processes and cost effective services solutions to win the customers’ trust. The latest news about the company is that it has been awarded the European Cleantech Company of the decade by the Global Cleantech.

Read more about the latest news regarding Avantium here at – http://www.worldpressonline.com/PressRelease/avantium-listed-in-the-2014-global-cleantech-top-100-received-the-european-cleantech-company-of-the-year-award-45384.html

According to the CEO of the company Tom Van Aken, it is really a progressive approach for the company to be listed in the Global Cleantech top 100. This is consecutive fifth opportunity for the company and it is believed that this has become possible due to the advance YXY technology. The company is setting up innovative foundation in the field of renewable chemistry and catalytic research. Further he states that the company has made extremely appreciable progress with manufacturing and commercialization of PEF as the advance bioplastic.

Avantium declared planning of investment of €36 million for PEF plant

Avantium has announced that it has secured €36 million from the private sector to build a plant for the commercial production of the bioplastic polyethylene furanoate (PEF). Numerous high standard companies such as Swire Pacific, Coca-Cola, Danone, Alpla are engaged in production of PEF and preparing to plan the venture with investment of Avantium. Advancement in this direction can take within three years. According to the expected production, 50 million kg PEF is to be manufactured till 2017. In this way, packaging companies will be able to carry out special tests for using components. Avantium set up its priority for development of next generation feedstock to produce plastic.

According to Tom van Aken, Avantium’s CEO, the company is taking great step for broad level commercial development of PEF. That’s why the significant investment for set up of PEF plant is being taken so that the goal of industrial development of the plastic can be met. Read more about the set up of PEF plant by Avantium here at – http://www.observatorioplastico.com/detalle_noticia.php?no_id=371649&seccion=actualidad

The YXY technology of the company is capable of manufacturing the totally recyclable PEF from complete feedstocks. The current production of Avantium is 20 tons annual from the company’s Netherland based production series.

Avantium increases $50 M investment, gets fast to commercial scale plant

Avantium declared this week to become closer to the commercial scale plant by closing a financial round of $50 million from projects of reputed players of the market. Tom van Aken, CEO of Avantium states that a big step in the direction of the first commercial scale plant by the company is PEF, a bioplastic. According to Tom van, this chance of investing in bioplastic’s production, the company will be able to meet demands of market and design its first commercial level plant. Moreover, the company will try validating next generation feedstock in this way. The YXY technology on which the consortium will be based is awesome for the company to earn commercial success. Being completely bio based plastic; PEF bears thermal and mechanical features to be foundation of packaging materials. Read more about the deal here - http://www.digitaljournal.com/pr/1968512

Moreover, this special bioplastic offers the chance of producing quality films, fibers and packaging containers. Many world class food and beverage groups are looking for the way to become technology partner of Avantium with the expectation of positive results. According to Frank Roerink, the CFO of Aventium, it is really a matter of pleasure to be in touch of unique investors who are ready to offer full dedication in this consortium while the company will try its best to impart best offers for mutual development.

Avantium is named as Europe’s Cleantech Company of the Decade

Cleantech group is an advisory firm and reputed global research group offering innovation to the world of eco friendly products. The Dutch based technology utilising company, Avantium has been selected as the European Cleantech Group recently. Being specialist of producing new generation bioplastics and chemicals, the company was picked out of Top Ten European Companies according to Richard Youngman, the manager of Cleantech Group. Read full story on this matter here - http://www.plasticstoday.com/articles/avantium-named-european-cleantech-company-of-the-decade-14521

Production of PEF is the main objective of Avantium. CEO of the company, Tom Van Aken stated that they want to produce a bio-based plastic with high performance feature at really affordable cost. Although, it is a challenging deal to carry out still we love to enjoy that kind of challenge according to them still they are certain to meet their demand. Avantium prefers imparting its efforts for development of PEF which is completely an analogue of PET. The product is nothing but a biobased and recyclable polyester possessing potential of replacing traditional fossils fuel. Extension of product’s life and reduction of manufacturing cost are also some factors on which they work.

From all these points of view, the company has its potential strategy of active participation with reputed brands. Acceleration of advancement regarding bio based products in the market will be conclusion of this collaboration.

Biotechnology in commercial front with new Coca-cola R&D venture

To accelerate the development of PET bottles totally made out of plant, the Coca-Cola Company declared a partnership worth multi-million dollar with different biotechnology companies. Upholding the industry's recycle requirement, Coca-Cola Company made this partnership with Virent, Gevo and Avantium to produce 100% environment friendly pet bottles. This partnership will encourage biotechnology companies from all over the world to come up with technologies that can replace typical plastic material that vastly used for packaging.

Currently available first generation Plantbottle in the market from the time of introduction in 2009 has 30% biobased material. With a mixture of 30% mono-ethylene glycol made of 100% biobased material and 70% of pure terephthalic acid as source material (http://www.packagedesignmag.com/content/coke-seeds-path-a-100-plant-based-bottle), these bottles meets the industry requirement for recyclability. With 10 billion plantbottle sold in the earth from 2009, Coca-cola estimates over 100,000 metric ton CO2 emission equivalent carbon footprint drop-off. Intended bottles made out of 100% biobased material will help Coca-cola in uplifting ecological footprint of products.

VP of Coca-Cola Company Rick Frazier explains the significance of this research and development related investment to bring bio-based material from libratory in large scale commercial packaging. As a environmental responsibility, Coca-cola company hopes to use total plant-base materials for packaging requirement with the help of Virent, Gevo and Avantium.

Unique and creative bioplastics applications can enter for SPI’s second annual award

After last year’s successful award event organized by a special branch of the SPI known as Bioplastics Council, the second annual Innovation for Bioplastics Award is up for grabs in the year 2014 by anyone who has managed to apply bioplastics materials in an outstanding, unique and creative manner.

The panel of judges will be basing their judgments on the impact created on the market, the benefits of the sustainability of the product and its innovativeness. The contest is held with the aim of promoting futuristic thinking in the field of bioplastics.

The 2013 award was given to Avantium for the development of polyethylene furaonate or PEF which is more superior to PET when it comes to beverage packaging. It provides a much more advanced barrier to oxygen, carbon dioxide and water and has a simpler manufacturing process.

The official website of the SPI Bioplastics Council contains all the information that any applicants may need. The applications can be submitted through 31st March, 2014 and the winner will be awarded in the May 2014 Biopolymers Symposium where he will be given a platform to address the public and a free exhibition spot along with extensive coverage by the press. The source of this information is at website http://www.plasticstoday.com/articles/spi%E2%80%99s-second-annual-innovation-bioplastics-award-open-entries

Unique Bioplastic Innovations will Receive an Award by SPI’s Bioplastic Council

The second annual contest organized by the Bioplastics Council of the SPI – The Plastic Industry Trade Association will present an Award for Innovation in Bioplastics to remarkable innovators who have managed to apply bioplastics in unique ways. The award is distributed in order to encourage creative thinking and further the use of bioplastics in the world.

The current Chairman of the SPI Bioplastics Council talks about how the first contest managed to attract a lot of forward-thinking entrants who brought with them a lot of cutting edge ideas. The 2013 Innovation in Bioplastics Award was presented to Avantium who developed polyethylene furanoate (PEF), which is a superior barrier to CO₂, water and oxygen. Avantium was recognised for the many new exciting opportunities it presented in the field of packaging for beverage manufacturers. Bottles could be made lighter and the production process could be highly simplified.

Companies interested in submitting an application can look for information on the SPI Bioplastics Council website. Applicants can apply through 31^st March 2014 and the winner will be awarded at the Biopolymers Symposium in Philadelphia, PA in May 2014. The winner will receive a speaking opportunity and free space for exhibition at the Symposium, press coverage, recognition at future events held by the Council and a yearlong banner ad on the Council website.

Avantium’s Bio based T shirts from PEF bottles, a new step towards eco friendly commercialization

For the first time, Avantium is going to launch the collection of PEF T shirts. PEF bottles are recycled into PEF fibers first and then utilized for the production of bio based shirts through conventional processing of polyester. The technology and equipments employed for the job are same as applied for the processing of polyester. Polyethylene furanoate (PEF) resin is known as a completely degradable and recyclable product so that it can work well for Eco friendly commercialization.

According to Tom van Aken, the CEO Avantium, this exclusive step towards the development of bio based T shirts is really a good example of development and commercialization of PEF resin. The bio based T shirts processed out of this can be applicable for sportswear series and sports apparel in many reputed outlets. The high performing recyclable plastic material can give alternate for replacing non biodegradable plastic material in future.

Avantium tied bond with ALPLA, the European plastic converter for the development of PEF bottles and with Wifag Polytype thermoformed PEF containers. Those PEF bottles are produced by the combination of 2:5 furandicarboxylic (FDCA) and monoethylene glycol. Earlier, the company preferred employing PET product but soon they realized that PEF has better quality to beat PET such as better barrier for CO2, water and oxygen, decreased production cost and higher durability.