BASF and Avantium intend to establish a joint venture for Production and marketing of furandicarboxylic acid (FDCA) based on renewable resources, the main new building block for polyethylenefuranoate (PEF)_by chemwinfo

15 March 2016

ABOUT BASF

ABOUT AVANTIUM

DETAILS

BASF and Avantium today announced

that they have signed a letter of intent

and entered into exclusive negotiations

to establish a joint venture (JV)

for the production and marketing of

furandicarboxylic acid (FDCA),

as well as marketing of

polyethylenefuranoate (PEF),

based on this new chemical building block.

FDCA is produced from renewable resources.

FDCA and PEF: New materials enabling

improved food packaging films and plastic bottles

The JV will use the YXY process® 

developed by Avantium in its laboratories

in Amsterdam and pilot plant in Geleen, Netherlands,

for the production of FDCA.

It is intended to further develop this process

as well as to construct a reference plant

for the production of FDCA with an annual capacity

of up to 50,000 metric tons per year

at BASF’s Verbund site in Antwerp, Belgium.

The aim is to build up world-leading positions

in FDCA and PEF,

and subsequently license the technology

for industrial scale application.

READ MORE

Media contacts:

BASF SE

Klaus-Peter Rieser

Intermediates Division
Phone: +49 621 60 95138
E-mail:  klaus-peter.rieser@basf.com

Avantium

Alex de Vries

Phone: +31 20 586 0132
Mobile: + 31 651 11 9205
E-mail:  alex.de.vries@msl.nl

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