Netherlands-based R&D company, Avantium, has announced its second major partnership for its YXY technology to produce 100 percent bio-sourced polyethylene furanoate (PEF) bottles.
The agreement is said to form another cornerstone of Avantium's commercialisation strategy to further co-develop the YXY technology for producing PEF bottles.
Our YXY solution for the packaging industry creates a new bio-sourced material delivering superior functional properties versus conventional PET technology (for example light weighting potential, barrier and thermal properties).
Avantium has begun building a pilot plant in Geleen, The Netherlands, that will produce YXY building blocks for making green materials and fuels.
To run the pilot plant and to further accelerate the commercialization of YXY, Avantium says, it is raising additional private funding.