AMSTERDAM, THE NETHERLANDS: Avantium has formed the second major partnership for its YXY technology to produce PEF bottles. The joint development agreement will see Avantium develop PEF bottles for Danone, the world number two in bottled water business. The agreement is another cornerstone of Avantium’s commercialization strategy to further co-develop the YXY technology for producing PEF bottles.
“The agreement with Danone Research is a fantastic step forward on our path to commercialize PEF bottles. Our YXY solution for the packaging industry creates a new bio-sourced material delivering superior functional properties versus conventional PET technology. We believe that the process economics and carbon footprint of PEF make it a suitable PET alternative,” said Tom van Aken, CEO, Avantium.
“Avantium is currently validating the use of existing supply and recycling chains, enabling a full transition to bio-based PEF bottles in three to five years from now. Based on the YXY technology, the Avantium and Danone Research joint objective is to contribute to the emergence of a new renewable material generation which will not be in direct competition with food,” said van Aken.
Avantium has recently opened its pilot plant in Geleen, the Netherlands, with capacity to produce 40 tonne of PEF for application development. Collaborations with Danone and Coca-Cola Company are key to secure a smooth transition into the mass production phase of PEF bottles. Avantium is in active discussion with other leading brand owners to develop PEF bottles, fibre and film. In the longer term Avantium will license its YXY technology to enable large scale, world-wide production and use of its bio-sourced plastic materials.
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