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Avantium Technologies

Stock Price

€3.5

2023-11-17

Market Capitalization

€150.9 M

2023-11-17

Revenue

€17.8 M

FY, 2022

Avantium Technologies Summary

Company Summary

Overview
Catalytic R&D for groundbreaking innovations Avantium is a leading technology company specialized in the area of advanced catalytic research, with groundbreaking innovation as our primary goal. We do this through two distinct propositions: Catalysis and YXY. It is our mission to make customers successful by providing smart and fast solutions, based on our unique technology, knowledge and expertise. Over the last 15 years we (co)invented multiple new catalysts, new chemical processes and realized sygnificant cost savings allowing our customers to achieve their business objectives much faster than previously possible. Based on this expertise we developped a novel proces for the creation of commercial PEF. YXY is the brand name for this cost competitive technology platform to catalytically convert plant based materials into biobased chemicals and bioplastics like PEF. PEF is a novel 100% biobased polyester with enhanced barrier, thermal and mechanical properties over existing packaging materials. Together with our partners The Coca-Cola Company, Danone and ALPLA we aim to make PEF bottles a commercial success. Our propiertary YXY process to make PEF has been proven at pilot plant scale as we are now moving to commercial deployment. Furthermore, PEF has a huge opportunity in materials as fibers, films and other applications. Recently our partners made a new investment in Avantium, which brings us closer to the first commercial scale plant.
Type
Public
Status
Active
Founded
2000
HQ
Amsterdam, NL | view all locations
Website
http://www.avantium.com
Cybersecurity rating
ESG rating
60-79 out of 100|View all ESG data
Sectors

Key People

  • Carmen Portocarero

    Carmen Portocarero, General Counsel

    • Tom van Aken
    • Cynthia Arnold

      Cynthia Arnold, Board Member

      • M Kleinsman

        M Kleinsman, Supervisory Board Member

      LocationsView all

      2 locations detected

      • Amsterdam, Noord-Holland HQ

        Netherlands

        Zekeringstraat 29

      • Farmsum, GR

        Netherlands

        Oosterhorn 4

      Avantium Technologies Financials

      Summary Financials

      Revenue (H1, 2023)
      €7.3M
      Gross profit (H1, 2023)
      €8.8M
      Net income (H1, 2023)
      (€20.4M)
      Cash (H1, 2023)
      €56.6M
      EBIT (H1, 2023)
      (€16.3M)
      Enterprise value
      $142.6M

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