Bio-chem deals for BASF and Deinove
The aim is to build up a world-leading position for furandicarboxylic acid (FDCA) and the polyethylenefuranoate (PEF) based on it. The recyclable PEF is tougher than conventional plastics, making it particularly suitable for food and beverage packaging films and plastic bottles. Building on Avantium’s YXY process for the production of FDCA, the JV will produce and market FDCA and also market the resulting PEF.