releaf^® is Avantium's high-performance polymer based on FDCA (furandicarboxylic acid), a plant-based chemical building block produced from renewable feedstocks. The material combines excellent barrier properties with improved recyclability and a significantly lower carbon footprint than conventional fossil-based plastics, helping brands advance their sustainability and circularity ambitions while maintaining high- performance standards. releaf^® has already been tested and validated by converters and brands across formats such as compacts, skincare jars, mascaras, liquid make-up containers, pouches, deodorants, thick-walled containers, and caps and closures.

The award reflects the growing momentum behind sustainable innovation in luxury packaging and underlines the increasing interest in renewable materials among leading global brands. LUXE PACK Monaco brings together packaging experts, designers, manufacturers, brand owners and sustainability leaders from across the luxury value chain, providing a platform to showcase innovations that can help transform the industry.

Marco Jansen, Chief Commercial & Public Affairs Officer at Avantium, commented: "We are honored to receive this recognition from the Formes de Luxe jury. Luxury brands are increasingly seeking solutions that combine premium performance with a lower environmental footprint. This award is a strong validation of the value releaf^® can bring to the market and reflects the growing interest we see from brand owners and packaging partners in renewable and circular materials. We would like to thank the jury, the Infopro Digital and Formes de Luxe organization, our partners, customers and everyone who supported our nomination. "

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks. The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
mediarelations@avantium.com

This dialogue takes place at a time when the European chemical industry is facing structural challenges, including plant closures, high energy costs and increasing global competition. The sector remains largely dependent on fossil-based feedstocks, leaving it exposed to price volatility and raising questions about its long-term competitiveness. At the same time, new European policy initiatives are creating opportunities to reshape the industry and support the transition to more sustainable and resilient value chains.

The event is hosted by Member of the European Parliament Jeannette Baljeu (Renew Europe Group) and will feature contributions from speakers including Hans Ingels (European Commission, DG GROW), Marco Pellegrini (Cefic), Joel Tickner (University of Massachusetts Lowell), and Marco Jansen, Chief Commercial Officer of Avantium. The programme will cover policy perspectives, industry developments and business cases related to sustainable carbon solutions.

Interested media
The event “Reindustrialising Europe Through Sustainable Chemistry: From Crisis to Opportunity” will take place on 24 June 2026 from 14:00 to 16:00 hrs CEST at the European Parliament in Brussels (room still to be decided). Media interested in attending are kindly requested to confirm their attendance by 17 June 2026 by contacting:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com / caroline.vanreedt-dortland@avantium.com

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of

materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

“Since its founding in 1924, Will & Co has strived to enhance the quality of life by bringing new products to market. The materials are different today, but our beliefs are the same,” says Dr. Sander de Vos, Product Manager Bio-Based Chemistry. “Avantium’s FDCA product can be the start of a new era of synthetic materials for our society.”

About Will & Co
Will & Co B.V. is a distributor of specialty (bio‑based) chemicals, raw materials, and food ingredients. Founded in 1924 and headquartered in Badhoevedorp, the company supports industrial customers across Europe with market knowledge, technical expertise, and high‑quality raw materials for applications including coatings, plastics, adhesives, surfactants, polyester chemistry, and other functional materials. Will & Co combines nearly a century of experience with a strong industry network to bring innovative and sustainable chemical solutions to market.

About Avantium
Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information
Avantium:
Caroline van Reedt Dortland: mediarelations@avantium.com

Will & Co:
Sander de Vos: sander.devos@will-co.eu

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO2). The most advanced technology is the YXY® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:
Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Head of Investor Relations
+31-625687714
ir@avantium.com  

The extension is valid until 30 June 2027 and supports Avantium’s continued efforts to scale up its innovative material solutions in real-world applications. Avantium will continue to collaborate with EPBP by providing updated technical data and supporting further testing as Avantium’s FDCA Flagship Plant becomes fully operational.  

The extension of the EPBP endorsement in Europe, the APR Critical Guidance recognition in the United States and the RecyClass validation in Europe reflect the growing international support for PEF, branded as releaf^®, as a next-generation, circular material in sustainable packaging. 

_______

About Avantium 

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.  

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.  

For more information:  

Caroline van Reedt Dortland, Director Communications 
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com  

Direct Air Capture is crucial in combating climate change by removing CO₂ directly from the atmosphere. This technology uses chemical or physical methods to capture CO₂, which can then be stored or utilized. Avantium R&D Solutions' high-throughput testing platform accelerates the development of better materials for CO₂ adsorption, addressing challenges such as higher capacity and energy efficiency.

Avantium’s advanced high-throughput system has proven to be highly effective for this type of testing, showcasing its ability to efficiently and accurately assess the performance of direct air capture materials. The insights gained from this experiment will be invaluable in enhancing Origen Carbon's innovative solutions.

Jack Shield, Senior Scientist of Origen Carbon, stated: "This collaboration with Avantium R&D Solutions has been highly valuable in advancing our DAC technology. The precision and efficiency of their testing system have provided us with critical data to refine our materials and improve our carbon capture solutions."

Rudolf Wessels, Director Strategic Development of Avantium R&D Solutions, added: “We are proud to support Origen Carbon in their mission to combat climate change. Our high-throughput testing platform is designed to deliver rapid and accurate results, helping to drive innovation in carbon capture technologies."

About Origen Carbon

Origen Carbon is a pioneering company dedicated to combating climate change through innovative carbon removal technologies. Utilizing scalable, limestone-based direct air capture (DAC) systems, Origen Carbon aims to permanently reduce the level of CO₂ in the atmosphere. Our cutting-edge approach leverages the natural chemistry of abundant limestone rock to capture and sequester billions of tonnes of carbon dioxide, restoring the atmosphere and mitigating the greenhouse effect. With a commitment to sustainability and a global team of experts, Origen Carbon is at the forefront of developing effective solutions to preserve our planet for future generations.

For more information, visit Origen Carbon

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name Releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to develop revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Head of Investor Relations
+31-625687714
ir@avantium.com  

In addition to the unloading of HFS at its FDCA Flagship Plant, Avantium has placed the first order for the supply of biobased MEG, which will be utilized by its tolling partner Selenis in Portugal. The introduction of these two raw materials into the process represent the next steps in Avantium's journey towards the successful production of FDCA and releaf^®.

The next steps of the start-up process involve initiating the start-up of the various sub-units of the FDCA Flagship Plant. Upon successful start-up of all the units of the FDCA Flagship Plant, Avantium will begin producing FDCA in batches before shifting to continuous operations. Tolling partner Selenis will polymerize the FDCA, together with biobased MEG, into PEF. After conducting performance tests of the produced PEF and securing the related regulatory approvals, sales under the offtake agreements are anticipated to commence in 2025.

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name Releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Head of Investor Relations
+31-625687714
ir@avantium.com  

Avantium is a frontrunner in developing innovative technologies for producing chemicals and materials from sustainable carbon feedstocks, such as plant-derived carbon or CO₂. As part of its sustainability program Chain Reaction 2030, Avantium aims to use its position as a leader in the field of sustainable chemistry to inspire the next generation of chemists, helping to build a pipeline of motivated, creative and talented individuals who are keen to make a difference in the chemical sector. This approach also helps raise awareness among young people – who are, after all, the consumers of tomorrow – about the need to transition away from a fossil-based, linear economy towards a sustainable, circular future.

Avantium Chief Sustainability Officer Heleen Goorissen states: "This lesson is a perfect tool to playfully introduce children to sustainable chemistry. It aligns with our commitment to develop chemical technologies based on renewable feedstocks, including textile waste, to drive sustainable innovation in the chemical industry. We hope this lesson will inspire the new generation of chemists who can help us transform the chemical industry and that the lesson will be helpful to many teachers and students across the Netherlands."

C3 Director Jeroen Sijbers added: “C3 offers digital whiteboard lessons that allow primary school teachers to easily deliver a fun lesson in inquiry-based and design-based learning. We want to show children that chemistry is behind everyday things and that by manipulating the properties of substances, chemistry can make the world a better place.”

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercializes innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

About C3

C3 specializes in offering guidance and activities within education that help students make choices for profiles, further education and careers in the technical sector in general and the chemistry sector in particular. Schools can quickly and professionally implement the C3 activities within their curriculum. C3 develops the teaching materials and activities in cooperation with education, companies and industries. C3 usually works with a chain approach so that young people are introduced to the world of technology from an early age.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

The Dutch government has already recognized the importance of biobased plastics in the circular plastics norm. However, this inclusion was not previously reflected in the PPWR. Avantium is pleased that the European Union now officially acknowledge the critical role that biobased plastics play in transitioning to a low-carbon, circular plastics economy. Under the new regulation, the European Commission will introduce several key measures within three years of its implementation. It will establish criteria for the use of biobased feedstocks in plastic packaging, set ambitious targets to increase the use of biobased feedstocks in plastic packaging, and use biobased plastic when suitable recycling technologies for food-contact packaging are not available.

Avantium believes that its biobased and recyclable polymer PEF (polyethylene furanaote), known as releaf^®, can play an important role in achieving these targets. Releaf^® is 100% biobased, substantially reducing reliance on fossil-based resources and significantly lowering CO₂ emissions. Releaf^® is furthermore recyclable and can be recycled in existing recycling assets. Moreover, releaf^® has superior barrier properties for gases like carbon dioxide and oxygen, which extend the shelf life of packaged products. Its high mechanical strength allows for thinner packaging, reducing material usage and waste. These performance benefits make releaf^® an ideal choice for a wide range of packaging applications.

Marco Jansen, Avantium’s Chief Commercial & Public Affairs Officer, comments: "We welcome the EU's progressive stance on biobased plastics. Avantium looks forward to collaborating with industry partners, policymakers, and stakeholders to achieve these targets and drive innovation in biobased plastics. Together, we can create a more sustainable and resilient future for the plastics industry.”

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). PEF is known under the brand name Releaf^®, an EU registered trademark of Avantium. Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands.  Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands. 

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

[1] This royal commendation is one of the oldest and highest civil honours in the Netherlands. King Willem I established the Order on 29 September, 1815. Candidates who have made an exceptional contribution to society, especially in science, art, sports and literature, are eligible for this honour.

Gert-Jan Gruter began his chemical career by studying Chemistry at the Vrije Universiteit in Amsterdam. He has since developed groundbreaking innovations that contribute to a more sustainable world. As CTO of Avantium and a distinguished professor at the University of Amsterdam, he has played a leading role in the development of renewable and circular plastic materials.

One of his most notable achievements is the development of PEF (polyethylene furanoate), a plant-based and circular polyester material that combines ecological benefits with excellent performance properties. Gert-Jan Gruter continues to work on new technologies, including the conversion of CO₂ as a feedstock for new products via electrochemistry. His work focuses on creating materials that are fully circular and cause less to no pollution. In addition to his scientific contributions, he collaborates with behavioral scientists to explore the socio-psychological aspects of biobased materials.

As a professor at the University of Amsterdam, he shares his knowledge and inspires the next generation of scientists. He is known for his ability to make complex concepts understandable and for conveying his passion for sustainability to his students.

Gert-Jan Gruter is not only a brilliant chemist but also a socially engaged individual with a strong moral compass and high ethical standards. His people-oriented approach and sense of humor make him a beloved colleague and an inspiration to many.

Avantium congratulates Gert-Jan Gruter on this well-deserved honor and looks forward to his continued contributions to innovation and sustainability.

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is in the process of starting the world's first commercial plant for FDCA in Delfzijl, the Netherlands. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

Aarne Luten, Head of Investor Relations
+31-625687714
ir@avantium.com  

The Polymerization  Pilot Plant has been engineered and constructed since 2022 and is now fully operational. This expansion of the pilot plant has been realized to further develop the YXY technology and applications, including recycling. The  Polymerization Pilot Plant’s scope includes  the polymerization of PEF and other polyesters. The facility is equipped to handle Melt Polymerization of approximately 50kg batches and Solid State Polymerization of 150kg batches. This scale of operation allows Avantium to inhouse test and enhance polymerization technology for a wide range of applications made from PEF, from packaging to textiles, thereby supporting the start-up of its FDCA Flagship Plant in Delfzijl. It also enables the Company to actively file new patent applications to protect its leading FDCA/PEF position in order to support its technology licensing strategy.

This expansion has been made possible with a grant from the Netherlands Enterprise Agency (RVO - Rijksdienst voor Ondernemend Nederland) as part of the Demonstration Energy and Climate Innovation (DEI+) scheme. “We are pleased to open our Polymerization Pilot Plant, which represents a major step forward in our mission to create a circular economy through innovative, plant-based polymer materials,” said Tom van Aken, CEO at Avantium. “This facility will enable us to further develop and commercialize our FDCA / PEF technology, providing a sustainable, high-performance alternative to conventional fossil-based plastics.”

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is currently constructing of the world's first commercial plant for FDCA. The official opening ceremony for the FDCA Flagship Plant is set on 22 October 2024. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

The new website offers a streamlined, user-friendly experience with enhanced navigation and functionality. Visitors can easily access detailed information about Avantium’s cutting-edge technologies, sustainable solutions, and latest developments. The refreshed brand identity, featuring a contemporary logo, symbolizes Avantium’s growth and evolution from a research and development (R&D) company to a commercial enterprise. This transformation underscores Avantium’s forward-thinking approach and dedication to driving positive change in the chemical industry.

“We are thrilled to introduce our new website and brand identity,” said Tom van Aken, CEO of Avantium. “This transformation represents our ongoing evolution and our unwavering commitment to sustainability and innovation. Our new look and online presence better reflect who we are and where we are headed.”

The revamped website also includes a dedicated section for investors, customers, partners, and media, providing comprehensive resources and updates. Avantium invites everyone to explore the new corporate website at www.avantium.com and the Avantium R&D Solutions website at https://rds.avantium.com and experience the fresh, dynamic face of the Company.

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is currently constructing of the world's first commercial plant for FDCA. The official opening ceremony for the FDCA Flagship Plant is set on 22 October 2024. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

For more information:

Caroline van Reedt Dortland, Director Communications
+31-20-5860110 / +31-613400179 
mediarelations@avantium.com

The Hemp2Comp project seeks to establish a local supply chain that ensures a stable market for fiber hemp, promoting sustainable agricultural practices. By substituting conventional fibers with hemp, Hemp2Comp aims to reduce the environmental impact of composite products. The project is set to develop at least five new biocomposite products using locally grown hemp and bioresin, opening up significant opportunities to replace glass fiber/polyester products with carbon-neutral or fully biobased alternatives.

Avantium Renewable Polymers will provide furanic humins as a binder, replacing traditional resins like epoxies and polyesters. This will enable the production of fully biobased composites, marking a significant step towards sustainable materials. For Avantium, this project acts as a pioneering trial for utilizing furanic humins as a thermosetting binder in composite materials.

The Hemp2Comp project will process both short and long hemp fibers, as well as a mixture of hemp fibers and shives, into various semi-finished products. These will be tested using different biocomposite production techniques, including pressing, infusion processes, and pultrusion. Throughout the development phase, the project will conduct analyses to maximize circular economy potential, including Global Warming Potential (GWP) assessments. The Hemp2Comp project will run from 1 March 2024 to 28 February 2027, paving the way for a sustainable future in composite materials.

The Hemp2Comp project is supported by the Ministry of Economic Affairs and by Interreg Vlaanderen-Nederland, a cross-border cooperation program that fosters collaboration between Flemish and Dutch regions to promote a better Europe.

For more information about the Hemp2Comp project:

Tom Claessen, Business Developer Humins
Tom.Claessen@avantium.com

About Avantium

Avantium is a pioneering commercial-stage company focused on renewable & circular polymer materials. Avantium develops and commercialises innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or carbon from the air (CO₂). The most advanced technology is the YXY^® Technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY^® Technology at its pilot plant in Geleen, the Netherlands, and is currently constructing of the world's first commercial plant for FDCA. The official opening ceremony for the FDCA Flagship Plant is set on 22 October 2024. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.

The patented test design introduces an innovative method of simulating real-world dynamic conditions of commercial CCR units. This allows for an unprecedented level of precision in evaluating the performance of CCR catalysts. 

Tiago Vilela, Director of Refinery Catalyst Testing at Avantium, shared his excitement about the patent: “This is a game-changer for independent catalyst testing. Our new test design enables refineries to make data-driven decisions about their catalysts, ensuring peak performance and cost-efficiency.” 

Avantium’ breakthrough elevates the standards of catalyst testing. For inquiries or further information, please contact Tiago.Vilela@avantium.com. 

EP4112703A1 PROCESS FOR ESTIMATING NAPHTHA-REFORMING CATALYST PERFORMANCE

The National Institute of Advanced Industrial Science and Technology (AIST) is one of the largest public research organizations in Japan. AIST focuses on the creation and practical realization of technologies useful to Japanese industry and society, and on “bridging” the gap between innovative technological seeds and commercialization. 

Flowrence XR was installed in AIST Tsukuba campus (Japan) in 2021, enabling the group lead by Professor Tadahiro Fujitani to accelerate their catalysis research. The test unit was designed to withstand reactor pressures up to 500 bar which makes it compliant with stringent Japanese safety certifications. In addition, it is equipped with Avantium’s patented Microfluidic Distribution, enabling it to accurately discriminate small differences in catalyst performance. 

“Flowrence XR has significantly reduced the time required for us to discover and develop functional materials and catalysts. Its impact on our research and development has been transformative.”

Tadahiro Fujitani

Professor, The National Institute of Advanced Industrial Science and Technology (AIST)

The Flowrence Technology® is leading for refinery, green chemistry and many other applications. The combination of Avantium’s broad knowledge of applications and the Flowrence Technology® creates a powerful, cost-efficient method of testing catalysts and a faster way to bring new products to market. 

If you want to know more about our Flowrence Technology and products, please contact us.  

English news item in PDF

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These two units will be utilized for hydrogenation reactions and hydrotreating processes. Avantium R&D Solutions will commission and install the units at the research center in Beijing. The introduction of Flowrence® XD technology to the Chinese market for the first time represents a significant achievement. This achievement underscores the powerful impact of Avantium’s Flowrence high-throughput systems in research and development. 

vantium’s Flowrence® XD is the most flexible and easy to use system, with a broad number of proven applications. This system was designed for early-stage catalyst R&D. The broad operating window enables a wide range of experiments for multiple applications under industrially relevant conditions.  

 If you want to know more about our Flowrence® Technology, please contact us.  

 English news item in PDF

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Nederlands nieuwsbericht in PDF

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AMSTERDAM, 14 December 2022 – Researchers at the Industrial Sustainable Chemistry group of the University of Amsterdam led by Avantium Chief Technology Officer Gert-Jan Gruter have found an important solution towards the production of fully plant-based, rigid polyesters. The study has recently been published in the prestigious scientific journal Nature Communications. The group presents a simple, yet innovative, synthesis strategy to overcome the inherently low reactivity of plant-based secondary diols in polyester synthesis, resulting in polyesters that have superior mechanical and thermal properties, and at the same time high molecular weights. This enables the production of new very strong and durable plant-based plastics from building blocks such as Avantium’s FDCA (furandicarboxylic acid), thereby further increasing its addressable market.

In collaboration with Avantium and LEGO, the University of Amsterdam research group found a way to incorporate substantial amounts of rigid bio-based diols such as glucose-derived isosorbide (to arrive at a strong and durable material) while making sufficiently long polymer chains (to achieve a certain ductility). This makes it possible to produce very strong sustainable plastics from chemical building blocks (monomers), such as FDCA to make PEIF – (poly(ethylene-co-isosorbide furanoate) or terephthalic acid to make PEIT – (poly(ethylene-co-isosorbide terephthalate). These new plastics also have superior heat resistance compared to conventional plastics, which is relevant for refill or re-use as washing of bottles takes place at 85°C. The isosorbide-based polymers furthermore show promising barrier and mechanical properties that can outperform common fossil-based materials such as ABS (Acrylonitrile Butadiene Styrene) and Tritan. For more than 15 years, Avantium has been working on plant-based polyesters. Its lead product is PEF (polyethylene furanoate) and Avantium is currently constructing the world’s first commercial facility for the manufacture of FDCA, the key building block for PEF. In its laboratories, Avantium is continuously looking for further improvements or variances of PEF. The new polymer PEIF is complementary to PEF and as such increases the potential market for FDCA, as PEIF serves as an equivalent to ABS and Tritan. In collaboration with the University of Amsterdam, Avantium currently has eight PhD students and Post Docs working in its laboratories conducting this kind of research with Avantium. The research described in the Nature Communications paper was carried out within the RIBIPOL project funded by the Dutch Research Council NWO. Avantium supported the project by hosting the PhD students of the research group in its laboratories. First author of the paper is PhD student Daniel Weinland, who defended his PhD thesis on 27 October 2022 and now works for Avantium. Avantium acquired the resulting intellectual assets from the University. Moreover, LEGO supported the project as part of the search for non-fossil alternative plastic materials. 

Paper details 

Daniel H. Weinland, Kevin van der Maas, YueWang, Bruno Bottega Pergher, Robert-Jan van Putten, BingWang, Gert-Jan M. Gruter: Overcoming the low reactivity of biobased, secondary diols in polyester synthesis. Nat Commun 13, 7370 (2022). https://www.nature.com/articles/s41467-022- 34840-2 

About Avantium 

Avantium is a leading technology development company and a frontrunner in renewable chemistry. Avantium develops novel technologies based on renewable carbon sources as an alternative to fossilbased chemicals and plastics. The company currently has three technologies at pilot and demonstration phase. The most advanced technology is the YXY® plant-to-plastics–technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and has started construction of the world's first commercial plant in 2022, with planned large-scale production of PEF in 2024. The second technology is Ray Technology™ and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol) and plant-based MPG (mono-propylene glycol): plantMEG™ and plantMPG™. Avantium is scaling up its Ray Technology™ and the demonstration plant in Delfzijl, the Netherlands opened in November 2019. The third technology is called the Dawn Technology™ that converts non-food biomass into industrial sugars and lignin in order to help transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the Dawn Technology™ pilot biorefinery in Delfzijl, the Netherlands. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale. Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands. 

EcoVadis is an evidence-based sustainability rating agency, which has conducted the sustainability audit of Avantium at the request of the Dutch investment fund Invest-NL. The EcoVadis Gold medal recognizes how Avantium is performing with respect to the Environment, Labor & Human Rights, Ethics and Sustainable Procurement, aligned with its sustainability ambitions. In 2021, Avantium published its sustainability plan Chain Reaction 2030, committing Avantium to a series of goals and targets where it has the greatest impact on social and environmental issues. This includes accelerating its own technologies and operations to support the circular economy and driving responsible and sustainable business practice across the industry. The plan also includes the Company’s actions to embrace sustainability, wellbeing, diversity and inclusion within the organisation and to excite the next generation to accelerate the transition to a fossil-free world. Heleen Goorissen, Chief Sustainability Officer at Avantium, comments: "At Avantium, sustainability is built into our very purpose. It drives our employees, informs our technology development and excites our commercial partners. The Gold rating from EcoVadis is both a confirmation and an incentive for us to expand our sustainability efforts even further.”

About EcoVadis 

Since its founding in 2007, EcoVadis has grown to become the world’s largest and most trusted provider of business sustainability ratings, creating a global network of more than 100,000+ rated companies. The EcoVadis sustainability assessment methodology is at the heart of its Ratings and Scorecards and is an evaluation of how well a company has integrated the principles of Sustainability/CSR into their business and management system. This methodology is built on international sustainability standards, including the Global Reporting Initiative (GRI), the United Nations Global Compact, and the ISO 26000, covering 200+ spend categories and 175+ countries. The Sustainability Scorecard illustrates performance across 21 indicators in four themes: Environment, Labor & Human Rights, Ethics and Sustainable Procurement. 

About Avantium 

Avantium is a leading technology development company and a frontrunner in renewable chemistry. Avantium develops novel technologies based on renewable carbon sources as an alternative to fossilbased chemicals and plastics. The company currently has three technologies at pilot and demonstration phase. The most advanced technology is the YXY® plant-to-plastics–technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and has started construction of the world's first commercial plant in 2022, with planned large-scale production of PEF in 2024. The second technology is Ray Technology™ and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol) and plant-based MPG (mono-propylene glycol): plantMEG™ and plantMPG™. Avantium is scaling up its Ray Technology™ and the demonstration plant in Delfzijl, the Netherlands opened in November 2019. The third technology is called the Dawn Technology™ that converts non-food biomass into industrial sugars and lignin in order to help transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the Dawn Technology™ pilot biorefinery in Delfzijl, the Netherlands. Avantium also provides R&D solutions in the field of sustainable chemistry and is the leading provider of advanced catalyst testing technology and services to accelerate catalyst R&D. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale. 

Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is incorporated in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands. 

Each year, CFI.co seeks out individuals and organisations that contribute significantly to the convergence of economies and truly add value for all stakeholders.

“We are delighted to win Best Disruptive Technologies Innovator Europe at CFI Magazine CleanTech Awards 2021, It is great to be recognised for our ground-breaking technologies and their remarkable possibilities.” comments Tom van Aken, Chief Executive Officer of Avantium. “Last year we reached significant milestones in bringing our technologies forward and we are pleased to see that the world recognises our efforts in accelerating the transition to the circular economy.”

The last months have been a pivotal period in the journey to commercialising PEF (polyethylene furanoate), Avantium’s next-generation plant-based plastic. In December 2021, Avantium announced they had taken a positive Final Investment Decision (FID) on the construction of its FDCA Flagship Plant – to which stakeholders gave a green light during January’s Extraordinary General Meeting (EGM).

“Avantium is driven by the ambition to make a lasting impact. We are  confident about the positive change our technologies can bring to the chemical industry and hope to inspire others to develop, scale and adopt sustainable plastics.”, says Tom van Aken.

This pre-pilot container is an ideal way to test Avantium’s Volta Technology in real-world applications and to demonstrate the value of our CCU (Carbon Capture and Utilisation) systems. The Volta demonstration unit was initially installed and validated at the Avantium headquarters in Amsterdam and will now be tested under industrial conditions at the site of RWE. The unit will remain at RWE, where all relevant infrastructure for experiments on semi-pilot scale is already present, till the end of June 2022.

During this 6-months period, Avantium targets to convert 250g/hour of CO2 coming directly from a capture facility located at the powerplant itself, into formate. This will in turn serve as a building block for high value products, such as plastics.

“This is an important milestone for Avantium, as this unit is a substantial scale-up from our in-lab units and an important step in our journey to the commercialisation of this technology” comments Arnaud Mol, Engineer, Volta Technology. “This will allow us to validate the potential of bringing the technology directly to customers looking to responsibly manage their CO2 waste on-site and fit these practices into their production process seamlessly.”

Avantium’s Volta team will work in close collaboration with RWE over the next weeks to get the unit set up and equip the local RWE team with the knowledge to run the unit independently.

*The OCEAN project (Oxalic acid from CO2 using Electrochemistry At demonstratioN scale) is using carbon dioxide to produce oxalic acid, which is the basis for various high-quality chemical products. High-profile international partners from industry and science are collaborating to synthesise the target products.