4 January 202420 December 2023 Avantium focuses on maximising the potential of its FDCA and PEF technology In order to cover its share in the financing package and to remain properly capitalised until the FDCA Flagship Plant is fully operational, the company intends to raise €50 million in equity capital
30 March 202327 March 2023 Avantium and Kvadrat sign offtake agreement for the development of PEF for interior textiles The offtake agreement gives Kvadrat the advantage of being first mover in creating PEF-based textiles for both commercial and residential interiors
23 June 202222 June 2022 Avantium forms PEF Textile Community with five leading companies to develop PEF yarn applications The companies of the PEF Textile Community aim to further reduce CO2 emissions in support of the UN Paris Agreement and the European Green Deal objectives and explore sustainable solutions for various applications