Addressing $200B+ markets with product leadership
PEF has huge potential in the packaging, textiles and film sectors, growing markets worth over $200 billion. Consumers put pressure on those industries to shift to circularity and decouple plastics from fossil feedstock.
Innovative product pipeline
Avantium has developed a pipeline of novel technologies at various stages of commercialization, with large upside potential:
- Our most mature platform is our YXY® Technology used to produce FDCA, the main building block for PEF. Our FDCA technology is the most advanced technology for PEF production across the section and we expect the first commercial production of FDCA and PEF to begin in 2024.
- Our Ray Technology™ produces sustainable plantMEG that is cost-competitive compared to petroleum-based MEG, which is currently generating annual sales of $25 billion. PlantMEG will supply the future PEF market as well as the large existing PET market.
- A number of other advanced renewable chemical technologies are being explored in our laboratories and pilot plants:
– Dawn Technology™: our biorefinery process for industrial sugars from non-food biomass.
– Volta Technology: the conversion of carbon dioxide (CO2) to chemicals via electrochemistry.
We have ongoing partnerships with industry leaders and brand owners to develop, scale and commercialize our technologies and make our innovations global successes. We collaborate with multiple partners within the value chain. From feedstock providers who wish to diversify their markets, to converters and chemical companies with the aspiration to transition to fossil-free chemicals, and consumer brands who are looking for plant-based solutions for packaging and textiles.
Scalable business model
We are expert at bringing great ideas out of the R&D lab, developing them at pilot-scale and preparing them for commercial production. We took a positive Final Investment Decision in December 2021 on the construction of an FDCA flagship plant, which is currently under construction in Delfzijl, The Netherlands. From 2024 onwards, Avantium will operate the commercial plant for PEF with revenue streams and cash flows. In addition to the sale of product offtakes from the commercial plant, Avantium plans to sell licenses to our proprietary technologies to chemical companies, converters and consumers brands. Licensing will be the key driver for future cash flows – it is capital efficient and enables fast deployment around the globe. Economies of scale and continuous improvements in existing technologies will drive down the cost-curve for our licensees and will allow them to further penetrate key markets.
Proven ability to scale with three operational pilot plants, state of the art R&D lab and robust portfolio of >144 patent families
Avantium has more than 20 years of experience at the forefront of catalysis, chemical process development and polymers. We have a strong IP portfolio with more than 144 granted and pending patent families.
A proven revenue generating track record with the Catalysis business
Our revenue generating Catalysis Services & Systems business serves the R&D catalysis needs of international blue-chip chemical players. Catalysis has provided the technological basis on which many of our innovative technologies have been developed. In 2021, Avantium Catalysis recorded revenues of €10.0 million.
ESG is built into Avantium’s DNA and drives the company’s business model
Sustainability is integral to our core business strategy. At Avantium, sustainability is built into our very purpose. It drives our employees, informs our technology development and excites our commercial partners. The global climate breakdown demands an entirely new way of doing business, moving the world from its dependence on fossil-based resources towards a more sustainable future. Avantium is focused specifically on accelerating that transition. Every technology we develop affirms our commitment to helping create a fossil-free future for the planet.
Company highlights 2021
Overview as at publication FY 2021 results
Presented are Avantium’s balance sheet, income statement and finally, cash flow statement, as at FY 2021 (2018 – FY 2021).
Avantium First Half 2022 Results: Avantium Begins The Construction Of Its FDCA Flagship Plant And Signs Additional Offtake Agreements
AMSTERDAM, 17 August 2022, 07:00 hrs CEST - Avantium N.V. (Euronext Amsterdam and Brussels: AVTX), a leading innovative chemical technology company dedicated to developing and commercialising proprietary technologies for the production of chemicals from renewable...
Avantium Announces 2021 Results: Significant business progress with green light to construct the world’s first FDCA Flagship Plant
AMSTERDAM, 23 March 2022, 07:00 hrs CEST - Avantium N.V. (Euronext Amsterdam and Brussels: AVTX), a leading technology company in renewable chemistry, today reports its 2021 full-year results. Key Business Progress in 2021: Avantium Renewable Polymers announced a...
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