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IN TOUCH PANORAMA

Acquisition Avantium acquires the right to use Eastman’s FDCA- related patent portfolio

Avantium N.V. | Amsterdam | Netherlands

Avantium N.V., a leading technology company in renewable chemistry, announces that its subsidiary, Avantium Renewable Polymers, has signed a patent licence agreement with Eastman Chemical Company for the right to operate under Eastman’s FDCA-related patent portfolio. The Company believes that this patent licence agreement further paves the way for the commercial production of FDCA (furandicarboxylic acid) and PEF (polyethylene furanoate) from Avantium’s FDCA flagship plant, which, dependent on a positive final investment decision, is planned to start up in 2023. The licence will also be available for any subsequent industrial scale facility built on the basis of Avantium’s FDCA and PEF technology. Under the agreement, Avantiumwill pay Eastman a licensing fee and ongoing royalty payments related to manufactured volumes. Payments will be partly made in Avantium shares. Avantium CEO Tom van Aken comments: “We are delighted that Eastman has granted us this licence. With access to these patent rights, we help safeguard our leading position in the field of FDCA and PEF. We look forward to growing our partnership with Eastman in the coming years.”

New Neck Standard BERICAP tethered solution available for the GME 30.40 neck finish BERICAP | Budenheim | Germany

The International Technical Centre for Bottling and Related Packaging CETIE is in the process of defining a new neck standard for carbonated beverages.

The new GME 30.40 neck standard has a thread diameter of only 26mm, reducing the weight of the neck and closure by between 1.4g and 1.7g, depending on the diameter of the neck support ring. The neck standard takes the latest trend of neck support ring diameter reduction – from the former standard of 33mm down to 29mm – into account. In contrast to other 26mm neck standards GME 30.40 will perform safely under all climatic conditions on bottle sizes of up to 3ltr. BERICAP has developed the 7049 closure for the GME 30.40 neck finish. The closure can be equipped with a tamper evident band which remains on the neck or the ClipAside tethered cut after opening by the consumer. ClipAside improves

the consumer convenience of the PET bottle because the closure can be opened and locked at an angle of 170-180 degrees, enabling unobstructed drinking from the bottle. Since the closure remains attached to the bottle it avoids littering.

www.bericap.com

See additionall information on page 90. Or flash the QR-code to access to the latest version of the drawing, not yet industrially validated, which means that small adjustments might still be needed.

www.avantium.com

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