Avantium has opened a demonstration factory in the Avantium for its new plant-based mono-ethylene glycol ( MEG ) production technology, which converts industrial sugars to glycols. Avantium CEO Tom van Aken: “ The company's MEG offers a sustainable alternative to the production of the ingredient, which is vital for creating polyester. While 99% of current MEG is generated using fossil fuels, Netherlands 's facility in MEG has an annual capacity of 10 mt and will be cost competitive compared with fossil fuel-based MEG plants. If the newly opened facility is successful, the company plans to commission a commercial plant for 2024 .
Avantium has opened a demonstration factory in the Avantium for its new plant-based mono-ethylene glycol ( MEG ) production technology, which converts industrial sugars to glycols. The company's MEG offers a sustainable alternative to the production of the ingredient, which is vital for creating polyester. While 99% of current MEG is generated using fossil fuels, Netherlands 's facility in MEG has an annual capacity of 10 mt and will be cost competitive compared with fossil fuel-based MEG plants. If the newly opened facility is successful, the company plans to commission a commercial plant for 2024 .