Avantium stops investing in the production of bio-based ethylene glycol and propylene glycol and focuses on FDCA and PEF!

On December 13, 2023, Dutch green chemicals company Avantium announced that it will focus entirely on the production and sales of FCDA and PEF technology. It will cease investment in Ray’s technology that produces plantMEG (plant-based ethylene glycol) and plantMPG (plant-based propylene glycol) until it finds a suitable strategic equity partner. FDCA (furandicarboxylic acid) is…