Tag Archives: CO2

A Discussion With Avantium’s CFO Regarding Its Acquisition of Liquid Light

Bio-based chemicals developer Avantium (client registration required) recently announced that it acquired the IP portfolio and equipment, and recruited two to three full-time research employees, of Liquid Light (client registration required), a company that had previously focused on the electrochemical conversion of CO2 to monoethylene glycol (MEG) and other chemicals. Avantium’s primary technology converts glucose and fructose to furan-2,5-dicarboxylic acid (FDCA). Avantium then combines FDCA with MEG to produce polyethylene furanoate (PEF), a polyester with improved barrier and mechanical properties over polyethylene terephthalate (PET). Given the significance of this announcement, we reached out to Avantium’s CFO Frank Roerink to learn more about the acquisition and its implications on Avantium. Continue reading