Avantium awarded €1.5 million EU grant to demonstrate the electrochemical conversion of CO2 into sustainable plastic materials

May 25, 2023 | 2023, Investor Relations, Press releases | 0 comments

AMSTERDAM, 25 May 2023, 17:45 hrs CEST – Avantium N.V., a leading technology provider in renewable chemistry, announces that it has been awarded a €1.5 million grant by the EU Horizon Europe programme for its participation in the research and development programme HICCUPS. This programme aims to demonstrate the utilisation of CO2 as a feedstock for the production of polyesters. The €1.5 million grant will be paid out in tranches to Avantium over a period of four years, starting in September 2023.

English press release in PDF

Nederlands persbericht in PDF

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