Avantium awarded $6.6M grant for expansion of FDCA pilot plant

In the Netherlands, Avantium N.V, received a $6.6 million (€5.4 million) grant as part of the Demonstration Energy and Climate Innovation (DEI+) scheme, to be paid out in 16 tranches over a period of 4 years from the Netherlands Enterprise Agency (RVO – Rijksdienst voor Ondernemend Nederland).

This grant is solely designated for the expansion of Avantium’s FDCA (furandicarboxylic acid) pilot plant in Geleen (The Netherlands) and will therefore not be used for the potential construction of the FDCA flagship plant in Delfzijl. FDCA is the key building block for the high-quality, fully recyclable, plant-based polymer PEF (polyethylene furanoate) to be used in a wide range of applications such as bottles, packaging, film and textiles.