{"id":72343,"date":"2020-03-04T07:39:33","date_gmt":"2020-03-04T06:39:33","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=72343"},"modified":"2020-03-04T12:52:22","modified_gmt":"2020-03-04T11:52:22","slug":"avantium-sells-bioaromatics-patent-portfolio-to-tno","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/avantium-sells-bioaromatics-patent-portfolio-to-tno\/","title":{"rendered":"Avantium sells bioaromatics patent portfolio to TNO"},"content":{"rendered":"<p><strong>Avantium has sold its bioaromatics patent portfolio to The Netherlands Organization for Applied Scientific Research, TNO. The sale includes both patents and know-how for technologies that produce bio-derived products for polymers and coatings. These technologies lie outside Avantium\u2019s strategic focus and will now be further developed by TNO.<\/strong><\/p>\n<p>Avantium has an extensive portfolio of renewable technologies focused on plant-based polyesters. The Company continuously assesses the best possible options for an innovation including its divestiture to a suitable party. Zanna McFerson, Managing Director, Avantium Renewable Chemistries said: \u201cThis bioaromatics patent portfolio fits well into TNO\u2019s development strategy. Avantium will continue to support TNO in this area and can provide proprietary single flow testing equipment to accelerate TNO\u2019s R&amp;D efforts.\u201d<\/p>\n<p>&nbsp;<\/p>\n<h3>About Avantium<\/h3>\n<p>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<sup>\u00ae<\/sup> plant-to-plastics\u2013technology 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.<\/p>\n<p>The second technology is the Dawn Technology<sup>TM<\/sup> 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 Ray Technology<sup>TM<\/sup> and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol).<\/p>\n<p>Avantium is scaling up its Ray Technology<sup>TM<\/sup> and the demonstration plant in Delfzijl, the Netherlands opened on November 7, 2019. Next to developing and commercializing renewable chemistry technologies, the company also provides advanced catalysis R&amp;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.<\/p>\n<p>Avantium\u2019s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Its offices and headquarters are in Amsterdam, the Netherlands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Avantium has sold its bioaromatics patent portfolio to The Netherlands Organization for Applied Scientific Research, TNO. The sale includes both patents and know-how for technologies that produce bio-derived products for polymers and coatings. These technologies lie outside Avantium\u2019s strategic focus and will now be further developed by TNO. Avantium has an extensive portfolio of renewable [&#8230;]<\/p>\n","protected":false},"author":59,"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":[12406,5838],"supplier":[742,2624],"class_list":["post-72343","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-aromatics","tag-bioeconomy","supplier-avantium-technologies-bv","supplier-tno"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/72343","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\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=72343"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/72343\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=72343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=72343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=72343"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=72343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}