Wifag-Ploytype and Avantium announced their agreement to collaborate on thermoformed products from 100% biobased PEF. This collaboration will be complementary to collaborations Avantium has in place with The Coca-Cola Company, Danone and ALPLA.
Both parties are excited about the market opportunity of PEF in the application area of thermoforming of cups, containers and trays, which are used today for the packaging of food products like meats, nuts, or dairy products like cheese and yoghurt.
PEF (or polyethylene furanoate) is a novel polymer produced by Avantium’s proprietary YXY technology. The YXY technology is running in Avantium’s pilot plant in Geleen, and converts plant based feedstock into chemical building blocks. PEF is a next generation plastic. It has superior properties over existing materials, it can be produced cost competitively and is 100% biobased, resulting in a more than 50% reduction in carbon footprint and non-renewable energy usage.
www.polytype.com
www.avantium.com
