Avantium and Monosuisse sign offtake agreement on PEF for industrial fibres
AMSTERDAM, 12 December 2022, 07:00 hrs CEST – Avantium N.V., a leading technology company in renewable chemistry, and Monosuisse AG, a leading producer of a wide variety of synthetic monofilaments for industrial use, have signed an offtake agreement giving Monosuisse access to PEF (polyethylene furanoate) made from FDCA (furandicarboxylic acid) to be produced in Avantium’s planned FDCA Flagship Plant. This world’s first commercial facility for the manufacture of FDCA from plant-based sugars is currently under construction in Delfzijl, the Netherlands, and Avantium expects to start production in 2024. Monosuisse will purchase PEF for the use in monofilament yarns, which can be used in a broad range of industrial applications.
English press release in PDF
Nederlands persbericht in PDF