The Paper Bottle Company (Paboco®) – a joint venture between paper packaging material developer BillerudKorsnäs and bottle manufacturing specialist ALPLA – today announces at the Paboco Pioneer Community Event in the Carlsberg Academy in Copenhagen that Avantium joins the Paper Bottle Project. Avantium will be one of the technology providers for the fully plant-based and recyclable Paper Bottle. A thin layer of Avantium’s PEF (polyethylene furanoate) will provide the Paper Bottle with the high barrier properties (the ability to withstand gas permeability through the bottle) needed for beverages such as beer and carbonated soft drinks.
Avantium is a leading technology development company and a forerunner in renewable chemistry. Avantium develops novel technologies based on renewable carbon sources as an alternative to fossil- based chemicals and plastics. The company currently has three technologies at pilot and demonstration phase. The most advanced technology is the YXY® plant-to-plastics–technology that catalytically converts plant-based sugars into a wide range of chemicals and plastics, such as PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY Technology at its pilot plant in Geleen, the Netherlands.
The second technology is the Dawn TechnologyTM that converts non-food biomass into industrial sugars and lignin in order to transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the DAWN pilot biorefinery in Delfzijl, the Netherlands. The third technology is called Mekong and catalytically converts industrial sugars to plant-based MEG (mono- ethylene glycol). Avantium is currently building a new demonstration plant for Mekong with an opening planned in Delfzijl by November 2019. Next to developing and commercializing renewable chemistry technologies, the company also provides advanced catalysis R&D services and systems to customers in the refinery and chemical industries. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.
Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Its offices and headquarters are in Amsterdam, the Netherlands.
Paboco, the paper bottle company, is a joint venture between paper packaging material developer BillerudKorsnäs and bottle manufacturing specialist Alpla, grown from the start-up and innovation expert EcoXpac. Together with leading brand owners, we run the paper bottle project, an innovation community aiming to provide consumers with a fully bio-based and recyclable paper bottle, an alternative that ultimately will change the industry and impact the environment for good.