BASF and Avantium announce major polymer joint v - sportstextiles: Lea SportsTextiles

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BASF and Avantium announce major polymer joint venture

07/10/2016
Chemical companies BASF and Avantium are to form a joint venture for the production and marketing of furandicarboxylic acid (FDCA), which is produced from renewable resources and is a building block for the new polymer polyethylenefuranoate (PEF).

Manufacturers of chemicals believe that industries currently using purified terephthalic acid (PTA) have the potential to reduce their emissions of greenhouse gas and their use of non-renewable energy by switching to PEF.

The new joint venture will be called Synvina and will have its headquarters in Amsterdam. Its founders have said they want it to build up “world-leading positions in FDCA and PEF”, building a plant with an annual capacity of up to 50,000 tonnes per year at BASF’s existing site in Antwerp and to license the technology for industrial-scale production.

Fibres, foams and coatings are among the potential applications.



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