Amsterdam, October 9th, 2014 – Avantium has announced that it has appointed Oskar Slotboom as its Chief Commercial Officer. Oskar will be responsible for the commercialization and partnering of Avantium’s YXY technology and new development programs.

“With Oskar we further strengthen the leadership team of Avantium during a critical time where the company is transitioning to the commercialization phase of its YXY technology. He has a proven track record at developing and managing commercial partnerships, structuring commercial deals, and pursuing go-to-market strategies in an entrepreneurial environment. We look forward to his contribution to the successful growth of Avantium,” said Tom van Aken, CEO of Avantium.

Oskar previously held positions in McKinsey & Company as a management consultant and later on business development and commercial management in Crucell, before it was acquired by Johnson & Johnson. After the acquisition Oskar led Vaccines & Infectious Diseases business in Johnson & Johnson’s pharma joint venture Xian Janssen in Beijing, China. Oskar Slotboom has an MSc degree in Chemical Engineering of the University of Twente and holds a MBA from INSEAD.

About Avantium

Avantium is a leading technology company specialized in the area of advanced catalytic research, with groundbreaking innovations as the primary goal. Avantium has two business units: Catalysis and YXY. At business unit Catalysis, it is the mission to make customers successful by providing smart and fast solutions, based on Avantium’s unique technology, knowledge and expertise. Over the last 15 years Avantium (co)invented multiple new catalysts, new chemical processes and realized significant cost savings allowing our customers to achieve their business objectives much faster than previously possible.

Based on this expertise Avantium developed a novel process for the creation of commercial PEF. YXY is the brand name for this cost competitive technology platform to catalytically convert plant based materials into biobased chemicals and bioplastics like PEF. PEF is a novel 100% biobased polyester with enhanced barrier, thermal and mechanical properties over existing packaging materials. Together with partners The Coca-Cola Company, Danone, ALPLA and Swire Pacific, Avantium aims to make PEF bottles a commercial success. Our proprietary YXY process to make PEF has been proven at pilot plant scale as we are now moving to commercial deployment. Avantium’s headquarters are based in Amsterdam, the Netherlands, and Avantium is running an YXY pilot plant in Geleen, the Netherlands.

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