Avantium completes spin-out of Parana Technology into Parana Materials

Avantium N.V. announced the completion of the spin-out of its Parana Technology into Parana Materials B.V. on November 4, 2026. The new independent company will develop and commercialize plant-based, high-performance polyesters.

“Parana Materials starts with a clear mission: to turn a distinct portfolio of plant-based polyester technologies into practical solutions for customers.”plasticsiq.com

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• plasticsiq.comAvantium completes spin-out of Parana Technology into Parana MaterialsNov 4, 2026

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