This partnership is a further validation of Avantium’s strategy to focus on high-value applications for PEF (polyethylene furanoate) for its 5 kilotons Flagship Plant with a planned opening in 2023, announced on the Technology & Markets Day of Avantium in June 2019.
With the partnership, Avantium has expanded its relationship with R&F Chemical into the area of PEF, a 100% plant-based and fully recyclable performance polymer based on Avantium’s proprietary YXY plants-to-plastics technology.
The Catalysis business unit of Avantium already joined forces with R&F Chemical in 2018 to boost its Catalysis business in South Korea. R&F Chemical brings a long-standing and excellent network in polymers and chemicals in South Korea, which has a highly-advanced performance materials and chemical sector. Through R&F Chemical, Avantium Renewable Polymers expects to enter this market for high-value applications such as electronics and smart packaging.