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Chemical Week Magazine :: Newsbriefs
Avantium raises funds
June 16, 2014
Avantium (Amsterdam) has closed a â‚¬36-million ($50 million) financing round backed by a consortium of investors including Swire Pacific, Coca-Cola, Danone, and Alpla, as well as existing shareholders, the company has announced. The investment will enable Avantium to complete the industrial validation of polyethylene furanoate and finalize the engineering and design of the first commercial-scale plant for the product, the company...
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