€ 25 million subsidy granted: Industry Consortium receives funds for polyethylenfuranoate (PEF)
Amsterdam, the Netherlands: 8 June 2017 - Avantium proudly announces that a BBI subsidy of € 25 million has been granted to the Industry Consortium "PEFerence". The consortium, consisting of 11 companies including Synvina, Avantium, BASF, a number of reputable industrial companies and iconic brand owners. The partners will jointly work on establishing an innovative supply chain for FDCA and PEF, including the intended construction of a 50,000 tons reference plant in Antwerp.
More info on Avantium's website.
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