The Netherlands: Sustainable Innovations Avantium Bags 1.46 Million Dollar Funding for Bio-Industry Consortium 'Vehicle'
The Vehicle project aims to develop 100 % plant-based chemicals from renewable raw materials. Consortium members also intend to increase business opportunities of existing and future biorefineries by showcasing the applicability of their sugar streams in numerous downstream options.
Amsterdam/The Netherlands – Avantium has recently announced that it has been awarded 1.46 million dollars (€1.3 million) for its Dawn and Mekong Technologies by the Bio Based Industries Joint Undertaking (BBI JU) under the European Union’s Horizon 2020 research and innovation programme. The total subsidy granted to the Industry Consortium ‘Vehicle’ consisting of eight European companies, is 6.64 million dollars (€5.9 million). The consortium, coordinated by Avantium, is working on developing 100 % plant-based chemicals that are produced from renewable raw materials.
During the four-year project, the ‘Vehicle’ consortium members aim to widen the business and market opportunities of existing and future biorefineries by demonstrating the applicability of their sugar streams in several downstream options. The role of Avantium in Vehicle is to provide sugar streams from non-food feedstock. This sugar is produced in Avantium’s Dawn Technology pilot biorefinery in Delfzijl, the Netherlands. Avantium will also convert industrial sugars from the consortium partners (including the sugars from Avantium’s Dawn pilot biorefinery) into plant-based mono-ethylene glycol (MEG) through its Mekong technology. Plant-MEG is a drop-in component used in the production of many materials, including plant-based polyesters.
Vehicle consists of several other leading companies across Europe: Ecohelix (SE), Metgen Oy (FI), Novamont Spa (IT), Spinverse (FI), Kemira (FI), Fundacio Universitaria Balmes (ES) and Graanul Biotech Ou (EE). Vehicle accelerates the establishment of innovative value chains throughout Europe for the production of plant-based chemicals and materials.
“The grant is a strong signal for Avantium and our partners in Vehicle to continue our mutual work in order to develop 100 % plant-based chemicals, produced from renewable non-food feedstock. We share the common goal of replacing fossil-based chemicals and materials with renewable alternatives”, says Zanna Mc Ferson, Managing Director of Avantium Renewable Chemistries.