Germany-based BASF and Netherlands-based Avantium have established a new joint venture (JV) company, Synvina, to produce and market furandicarboxylic acid (FDCA).

The JV will use Avantium’s YXY process to produce FDCA, which is made from renewable resources and is used to produce polyethylenefuranoate (PEF), a polyester used in food and beverage packaging.

The JV is planning to build a reference plant with an annual capacity of up to 50,000t at BASF’s Verbund site in Antwerp, Belgium.

BASF intermediates division president Stefan Blank said: “With Synvina we’ll enter the promising business with FDCA and PEF and to support our customers in the various industries to create value.

“We strongly believe that the future belongs to these products based on renewable resources. They combine superior characteristics with a production process based on renewable feedstock.

“Synvina is an innovative, entrepreneurial and highly competent, young company with an excellent starting position from which to build a globally leading role in FDCA and PEF.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
"With Synvina we’ll enter the promising business with FDCA and PEF and to support our customers in the various industries to create value."

Apart from producing FDCA, Synvina aims to develop a complete supply chain for PEF as sustainable bio-based packaging material.

Working with Avantium’s existing partners, the JV will improve the development of PEF films for use in food packaging, electronics applications, industrial and medical packages.

Synvina will also work with Mitsui to develop PEF thin films and bottles in Japan. It also plans to continue development partnerships with The Coca-Cola Company, Danone, ALPLA and other companies on the Joint Development Platform for PEF bottles.

PEF provides better barrier properties against carbon dioxide and oxygen, and therefore offers a longer shelf-life than conventional plastic packaging.

The material can also be used for foil pouches, fibres for carpets and textiles, dairy products, still and sports drinks, alcoholic beverages, and personal and home care products.

Image: Synvina to build a new plant at BASF’s Verbund site in Antwerp, Belgium. Photo: courtesy of Avantium.