# Synvina-led consortium receives €25M grant for PEF plant

The European Joint Undertaking on Bio-based Industries granted €25 million to the PEFerence consortium, led by Synvina, to establish a supply chain for FDCA and PEF. The project includes the planned construction of a 50,000-ton reference plant in Antwerp, Belgium.

- Type: Investment
- Announced: 2017-06-14
- Where: Antwerp, Belgium
- Value: $28.0M (25.0M EUR)
- Status: announced
- Capacity: 50,000 metric tons per year
- Products: FDCA, PEF
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Synvina](https://endata.com/companies/24901.md)
- [BASF](https://endata.com/companies/298.md) (investor)
- [BASF](https://endata.com/companies/298.md) (partner)
- [Avantium](https://endata.com/companies/7773.md) (investor)
- [Avantium](https://endata.com/companies/7773.md) (partner)
- [Bio-based Industries Joint Undertaking](https://endata.com/companies/24902.md) (investor)

## Sources

- [bioplasticsnews.com](https://bioplasticsnews.com/2017/06/14/peference-synvina-european-consortium-pef/), 2017-06-14: "The partners will jointly work on establishing an innovative supply chain for FDCA and Polyethylene Furanoate PEF, including the planned construction of a 50,000 ton reference plant in Antwerp."
- [ptonline.com](https://www.ptonline.com/blog/post/major-cash-infusion-for-pef-bioplastic-barrier-resin-underway), 2017-06-15: "The PEFerence consortium led by Synvina awarded over $28 million to build plant for key feedstock."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.