Helios Resins intends to purchase FDCA from a future industrial-scale facility, based on a technology license from Avantium. Avantium’s business model is to sell technology licenses enabling industrial partners to build industrial-scale production facilities of (over) 100 kilotonnes per annum, utilising Avantium’s YXY® Technology for the production of FDCA and PEF. Avantium has already entered into its first licensing agreement and has the ambition to sell multiple technology licenses in the coming years. This capacity reservation signed by Helios Resins underpins the commercial momentum of such technology licensing agreements and the demand for FDCA.
Avantium has developed a proprietary process technology to produce FDCA and is currently nearing completion of the construction of the world’s first commercial FDCA plant in Delfzijl, the Netherlands. The FDCA Flagship Plant will serve as a stepping stone for Avantium's licensing strategy. Avantium will sell FDCA and PEF directly from its FDCA Flagship Plant to its customers, in parallel to selling technology licenses to industrial partners.
