Avantium signs offtake agreements for planned FDCA flagship plant
Avantium Renewable Polymers signed two additional conditional offtake agreements for PEF resin supply with Toyobo, Terphane, Refresco, and a major global food & beverage brand owner, covering 30% of the planned FDCA plant's annual capacity. The plant is expected to open in 2023 subject to a positive FID.
Capacity
30% of annual FDCA production capacity
ProductsFDCAPEF resin
“Avantium RNP has signed two additional conditional offtake agreements for the supply of PEF resin to manufacture bottles and films, bringing the total now to four such contracts.”bioplasticsmagazine.com
- 5 sources
- bioplasticsmagazine.comAvantium secures new offtake contracts for planned FDCA flagship plant - bioplastics MAGAZINEMar 29, 2021
- sofinnovapartners.comAvantium secures offtake for over 50% of FDCA plant output — Sofinnova PartnersApr 7, 2021
- newsroom.avantium.comAvantium reaches key commercial milestone for its FDCA ...Apr 7, 2021
- bioenergyinternational.comAvantium reaches key commercial milestone for planned FDCA plant | Bioenergy InternationalApr 8, 2021
- packagingnews.co.ukAvantium reaches 50% offtake deals to supply PEF resin from proposed plantWaqas QureshiApr 9, 2021
Summarized from public sources; check the original articles before acting on it.