EUR 25 million subsidy granted: Industry Consortium receives funds for polyethylenfuranoate (PEF)
Jun 8, 2017
- European Joint Undertaking on Bio-Based Industries (BBI) awards consortium with 25 million Euro
- Synvina coordinates industry consortium “PEFerence”
- Grant for establishing a complete value chain for the use of bio-based furandicarboxylic acid (FDCA) for PEF
- Synvina intends to build a 50,000 tons plant for FDCA
The European Joint Undertaking on Bio-Based Industries (BBI), consisting of representatives from the European Union and the bio-based industry, granted 25 million Euro to “PEFerence”, a consortium of eleven companies. The grant supports the establishment of an innovative value chain for bio-based raw materials as well as chemicals and materials based on polyethylenefuranoate (PEF). It includes the intended construction of a 50,000 tons FDCA reference plant, the main chemical building block for the production of PEF. Synvina will be coordinating the “PEFerence” project.
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