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,...

BASF notifies Avantium of its exit from Synvina

Amsterdam, 18 December 2018, 07:00 – BASF has notified Avantium of its exit from their Synvina joint venture, effective 15 January 2019. Avantium continues to disagree with BASF’s interpretation of the joint venture agreement. Avantium and BASF are still...