- FDCA Flagship Plant in Delfzijl had its first half commissioned and operational by year-end 2025, with full start-up and commercial-scale PEF production targeted in 2026.
- Avantium secured an €85 million equity raise, additional short-term financings and amended debt financing terms to address construction delays and funding needs.
- Avantium expanded its PEF commercial pipeline, advanced licensing discussions, and obtained regulatory and recycling approvals in Europe and Japan.
Operational progress
Phased start-up of the FDCA Flagship Plant in Delfzijl progressed in 2025; the first half of the plant was commissioned and operational by year-end, with full start-up and commercial-scale PEF production targeted in 2026.
Financing and restructuring
Construction-related delays required additional financing and organizational measures; Avantium secured short-term financings, amended its debt financing conditions and completed an €85 million equity raise to strengthen its liquidity position.
Commercial and regulatory developments
Avantium expanded its PEF commercial pipeline, advanced licensing discussions, and obtained regulatory and recycling approvals in Europe and Japan.
Outlook
The company reports a clear line of sight to completing start-up in 2026 and moving into commercial-scale production, supported by the updated financing and progress at the Flagship Plant.
