Avantium spins out Volta Technology into new company Carbeau

Using CO₂ as a raw material for high-performance chemicals

07-Jul-2026 - Avantium N.V. announces the spin‑out of its electrochemical platform, previously known as Volta Technology, into a new, independent company named Carbeau, with retrospective effect from 1 April 2026. Carbeau is backed by a strong investor consortium comprising GKT, Invest‑NL, Al Baleed ...

Plant-based sugars become raw materials for plastics: UPM secures Avantium patents

UPM is the first company to commence industrial production of chemicals derived from lignocellulosic biomass

19-May-2026 - UPM announces that it has reached an agreement with Avantium N.V. to acquire the intellectual property related to Avantium's Ray Technology®, a process for the production of bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant-based sugars. The transaction comprises ...

BASF and Avantium intend to establish joint venture

Further development and licensing of Avantium’s production processes for FDCA and PEF at industrial scale

16-Mar-2016 - BASF and Avantium announced that they have signed a letter of intent and entered into exclusive negotiations to establish a joint venture (JV) for the production and marketing of furandicarboxylic acid (FDCA), as well as marketing of polyethylenefuranoate (PEF), based on this new chemical ...

Rhodia and Avantium to jointly develop biobased polyamides

27-Jan-2012 - Rhodia, member of the Solvay Group, and Avantium announced that they have entered into a partnership to jointly develop a range of new bio-based polyamides targeting a variety of applications. This partnership expands and completes the previously announced development agreement in the field of ...

Jeff Kolstad joins Avantium as Chief Scientist to accelerate bioplastics development

09-Aug-2011 - Avantium announced that Dr. Jeffrey J. Kolstad has joined Avantium as Chief Scientist. Jeff Kolstad will strengthen Avantium’s team in developing a next generation of bioplastics on the basis of its YXY technology. Previously Chief Scientist at NatureWorks (formerly Cargill-Dow) he was one of the ...

Solvay and Avantium to jointly develop green engineering plastics

08-Jul-2011 - Solvay and Avantium announced that they have entered into a partnership to jointly develop a next generation of green high-performance polyamides for engineering plastics. The partnership combines Solvay’s leading position in specialty polymers and Avantium’s YXY technology for producing building ...

Avantium announces start-up of YXY polyester pilot plant

02-May-2011 - Avantium announced the successful start-up of its polyester pilot plant at the Chemelot site in Geleen, the Netherlands. The polyester plant is the first part of the pilot plant that Avantium is building at its new site to demonstrate its YXY technology for green materials and fuels. Avantium’s ...

Avantium builds YXY pilot plant for green materials and fuels

15-Oct-2010 - Avantium announced that it has started with the construction of a pilot plant at the Chemelot site (Geleen, the Netherlands). The pilot plant will produce YXY building blocks for making green materials and fuels. Avantium has developed a novel and proprietary catalytic process to convert ...

Teijin Aramid and Avantium enter partnership to explore green high-performance polymers

08-Oct-2010 - Teijin Aramid and Avantium announced that they have entered into an R&D partnership to explore high-performance polymers. The partnership builds on Teijin Aramid’s world leading position of polyaramids and Avantium’s catalytic technology for producing building blocks for green materials and ...

Avantium Announces Master Services Agreement With Chevron Energy Technology Company

03-Sep-2008 - Avantium announced that it has entered into a master services agreement with Chevron Energy Technology Company for the application of high-throughput technologies in the development of catalysts in the oil and gas field. According to the company, this agreement allows Chevron Energy Technology ...