{"id":70455,"date":"2020-01-15T06:43:37","date_gmt":"2020-01-15T05:43:37","guid":{"rendered":"https:\/\/rss.nova-institut.net\/public.php?url=http%3A%2F%2Fwww.biofuelsdigest.com%2Fbdigest%2F2020%2F01%2F08%2Fits-delfzijl-avantium-picks-the-spot-for-fdca-flagship-plant%2F"},"modified":"2020-02-12T12:37:56","modified_gmt":"2020-02-12T11:37:56","slug":"avantium-to-build-fdca-flagship-plant-at-chemie-park-delfzijl-netherlands","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/avantium-to-build-fdca-flagship-plant-at-chemie-park-delfzijl-netherlands\/","title":{"rendered":"Avantium to build FDCA flagship plant at Chemie Park Delfzijl, Netherlands"},"content":{"rendered":"<p><strong>Avantium, a leading technology company in renewable chemistry, announces today that its wholly owned subsidiary, Avantium Renewable Polymers, has signed a letter of intent tolocateits new flagship plant at Chemie Park Delfzijl, the Netherlands. The 5-kiloton facility will produce plant-based FDCA (furandicarboxylic acid) \u2013a key building block for many chemicals and plastics such as PEF (polyethylene furanoate). Avantium Renewable Polymers has also entered into a letter of intent with a Regional Consortium relating to the financing of the FDCA flagship plant and associated costs, for an amount of \u20ac30million, over the period to the plant\u2019s completion in 2023.<\/strong><\/p>\n<p>Avantium and the Regional Consortium, comprising the Province of Groningen, Groningen Seaports, NOM (Investment and Development Agency for the Northern Netherlands), FondsNieuweDoen, Investeringsfonds Groningen and Groeifonds, believe the new plant will be an important step in helping transition the chemicals industry away from fossil resources and towards sustainable feedstocks. The new FDCA flagship plant will be located near Avantium\u2019s demonstration plant for plant-based mono-ethylene glycol (MEG), and its pilot biorefinery, producing glucose and lignin from non-food biomass.<\/p>\n<p>\u201cAvantium and Groningen share an ambition to support the transition to a circular economy,\u201d said Nienke Homan, Regional Minister of the Province of Groningen. \u201cAlong with the increased innovation the flagship plant will bringto the region, the Avantium plant will create over 60 highly skilled jobs and provides significant indirect employment opportunities. Avantium\u2019s decision to build its plant at Delfzijl is a testament to the strong ecosystem that the region provides for green chemistry.\u201d<\/p>\n<p>According to Cas K\u00f6nig, CEO of Groningen Seaports, \u201cAvantium\u2019s business fits perfectly into our Chemport Europe ecosystem where we work together on a shared ambition: changing the nature of chemistry. It is our goal to achieve a fully sustainable chemical industry by 2050.\u201d<\/p>\n<p>The regional consortium members and Avantium Renewable Polymers have entered into a letter of intent relating to a conditional financing of \u20ac30 million for the engineering and construction of the flagship plant, working capital, start-up costs and operations of Avantium Renewable Polymers. The financing of the regional consortium is subject to customary conditions, including due diligence and completion of documentation, and formal decisions by Avantium on the construction of the plant and the associated capital expenditure. The definitive financing mix is to be determined over the coming months, but is intended to comprise grants, equity and debt. Furthermore, the regionis supporting Avantiumin its search for additional grants and other financial instrumentsin respect of the required expenses needed for the start-up of the flagship plant.<\/p>\n<p>\u201cGroningen Seaports offers us an excellent location with the right infrastructure. The Province of Groningenis at the forefront of green chemistry development and has an exceptional reputation in investing in technologies for a sustainable future\u201d, said Tom van Aken, CEO of Avantium. \u201cWe are delighted to have reached another important step in Avantium Renewable Polymers\u2019 funding process for its FDCA flagship plant. Together with the PEFerence grant* and the investments by Avantium, we are on track to attract the funding for the FDCA flagship plant, which we aim to have in place before the end of 2020. We are now focused on progressing our discussions with potential strategic partners.\u201d<\/p>\n<p>*In November 2019, the Bio-based Industries Joint Undertaking (BBI JU), an EU body, reconfirmed the award to the PEFerence consortium, coordinated by Avantium Renewable Polymers, of a \u20ac25 million \u201cPEFerence\u201d Horizon 2020 grant. This grant supports the establishment of an innovative value chain for the use of plant-based FDCA and PEF.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avantium, a leading technology company in renewable chemistry, announces today that its wholly owned subsidiary, Avantium Renewable Polymers, has signed a letter of intent tolocateits new flagship plant at Chemie Park Delfzijl, the Netherlands. The 5-kiloton facility will produce plant-based FDCA (furandicarboxylic acid) \u2013a key building block for many chemicals and plastics such as PEF [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[5842,11761,10408,13465],"supplier":[742,8031,13107,8719,8720],"class_list":["post-70455","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biomass","tag-fdca","tag-greenchemistry","tag-pef","supplier-avantium-technologies-bv","supplier-bbi-joint-undertaking","supplier-chemie-park-delfzijl","supplier-groningen-seaports","supplier-province-groningen"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/70455","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=70455"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/70455\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=70455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=70455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=70455"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=70455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}