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Revenue up at biopolymers firm Avantium | Plastics in Packaging

Revenue up at biopolymers firm Avantium | Plastics in Packaging
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Avantium Successfully Produces Polyesters With Its plantMEG From The Ray Technology Demonstration Plant

Avantium Successfully Produces Polyesters With Its plantMEG From The Ray Technology Demonstration Plant Avantium N.V., a leading technology company in renewable chemistry, has completed the application validation for its plantbased glycols plantMEG and plantMPG produced in the Ray Technology demonstration plant in Delfzijl. Key applications include polymerisation to PEF and PET polyesters and functional fluids used for de-icing and heat transfer. Proving the functional performance of the plant-based glycols is an important step in the scale-up of the Ray Technology. Avantium aims to commercialise its proprietary plants-to-glycols Ray Technology, which is used to produce plantMEG - a vital ingredient in the production of polyesters widely used in textiles and packaging - and plantMPG - a valuable intermediate used in a wide variety of applications such as industrial fluids. Both plantMEG and plantMPG are expected to significantly reduce greenhouse gas emissions compared to their fos

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