Avantium signed a strategic supply agreement (conditional to Financial Close) with Tereos Cooperative group, whereby Avantium Renewable Polymers will purchase high fructose syrup made from European wheat as the feedstock for the planned FDCA (furandicarboxylic acid) Flagship Plant in Delfzijl. The multiyear agreement secures 100% bio-based and local feedstock for the flagship plant. Avantium’s FDCA Flagship Plant will be the world’s first factory to produce FDCA (furandicarboxylic acid) on a commercial scale, with a capacity of 5 kiloton per annum. FDCA is the key building block of the 100% plant-based, recyclable plastic material PEF (polyethylene furanoate) which also has functional advantages compared with fossil fuel derived plastics.
“We are delighted of having secured Tereos as our partner of choice for our PEF production lines of our flagship Delfzijl plant, in the Groningen province in the north of the Netherlands. This agreement is an important milestone in bringing a high-quality raw material produced by a recognized leader of the starch business into our production process” says Bas Blom, managing director of Avantium Renewable Polymers.
“This strategic partnership combines Tereos’ proven track record in cereal processing and green chemistry with the long-standing expertise of Avantium in the promising field of bio-based polymers. It is also a strong sign of our shared commitment to develop renewable solutions made from plant-based technologies and locally produced raw material” adds Christophe Lescroart, CEO of Global Starch & Sweeteners at Tereos.
High Fructose Syrup is one the specialties developed in the Tereos plant located in Aalst, Belgium, dedicated to Starch and Sweeteners production for the food, feed, green energies and pharmaceuticals, along with a dedicated R&D team specialized in plant-based technologies and biomass solutions.
