List Recognizes the Top Private Companies in Clean Technology

Amsterdam, the Netherlands – January 24, 2017: Avantium, a leading chemical technology company and forerunner in renewable chemistry, today announced it was named in the prestigious 2017 Global Cleantech 100, produced by CTG (Cleantech Group), whose work keeps its audiences and clients in touch with emerging trends, leading innovation companies and all key players in sustainable innovation. New this year is the GCT100 Hall of Fame. Today it was also announced that Avantium entered this virtual GCT100 Hall of Fame. Together with 4 other companies Avantium is the first inductee who have reached this milestone.

The Global Cleantech 100 represents the most innovative and promising ideas impacting the future of a wide-range of industries. Featuring companies that are best positioned to solve tomorrow’s clean technology challenges, the Global Cleantech 100 is a comprehensive list of private companies with the highest potential to make significant market impact within a 5-10 year timeframe. Chemical technology company Avantium has been listed for the 7th consecutive year.

Tom van Aken, CEO Avantium, commented: “We are proud to be on the Global Cleantech 100 list for the 7th consecutive year and enter the newly-created GCT100 Hall of Fame. This is a great recognition for the steps we are making in creating and commercializing breakthrough technologies in renewable chemistry. The YXY Technology that was developed by Avantium is the basis of Synvina, our joint venture with BASF that was established in 2016 for building the first commercial FDCA plant and bringing the next generation plastic PEF to the market.” Tom van Aken continues: “Our next step was the acquisition of the assets of Liquid Light, a renowned developer of electrochemical processes, which will expand our portfolio and our capabilities beyond catalytic conversion of biomass. This acquisition will enable us to convert CO2 into sustainable chemicals by using advanced electrochemistry.”

This list is collated by combining proprietary CTG research data, with weighted qualitative judgments from hundreds of nominations, and specific inputs from a global 86-person Expert Panel. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

This year, a record number of nominations were received: 9,900 distinct companies from 77 countries. These companies were weighted and scored to create a short list of 325 companies. Short-listed nominees were reviewed by CTG’s Expert Panel, resulting in a finalized list of 100 companies from 17 countries.

The 86-member expert panel was drawn equally from leading financial investors and representatives of multi-national corporations and industrials active in technology and innovation scouting across Asia, Europe, and North America. The composition of the expert panel broadly represents the global cleantech community, from pioneers and leaders to veterans and new entrants. The diversity of panelists results in a list of companies that command an expansive base of respect and support from many important players within the global cleantech innovation ecosystem.

“From day one, the purpose of the Global Cleantech 100 program was to act as our barometric read on how the many facets that contribute to the emergence and maturing of an innovation theme like cleantech (the “doing of more with less”) are changing year on year,” said Richard Youngman, CEO, CTG (Cleantech Group). “Now in its 8th year, we see more signals this year of the ongoing mainstreaming of clean technologies, sustainability, and resource efficiency on its journey towards the point where this is just the normal way business is done.”

Pin It on Pinterest

Share This