Avantium starts construction of world's first commercial FDCA plant in Delfzijl

Avantium has reached financial close and started construction of its FDCA Flagship Plant in Delfzijl, the Netherlands. The plant will produce 5 kilotonnes of FDCA per year, the key building block for PEF polymer. The project is funded by a €90 million debt package and equity from Worley and the Groningen Consortium.

“Avantium will now immediately start the construction of the FDCA Flagship Plant, planned to be completed by the end of 2023.”groningen-seaports.com

• 1 source
• groningen-seaports.comAvantium reaches Financial Close and starts construction FDCA Flagship Plant - Groningen Seaports - Havenbeheer Delfzijl en EemshavenMartijn PilonApr 1, 2022

Summarized from public sources; check the original articles before acting on it.