Avantium takes full ownership of Synvina

Avantium has retaken full ownership of its YXY plants-to-plastics technology through the purchase of BASF’s shares in the Synvina joint venture. Avantium has appointed Marcel Lubben as Managing Director of Synvina to lead the commercialization of the YXY technology,...

Holding statement

Avantium and BASF are still discussing the terms and conditions of BASF’s exit from the Synvina joint venture, after BASF’s notice to exit delivered in December 2018. We will continue to keep the market updated on any developments as they...