Also known as PEF and Polyethylene furan-2,5-dicarboxylate.
Capacity reservation secures prospective access to plant-based PEF (releaf®) for thermoformed trays and high-barrier packaging while technical and regulatory evaluations continue.
Purification unit brought online, completing commissioning of all major process units; integrated start-up moves toward first FDCA production and end‑2026 commercial deliveries.
Oxidation unit commissioned; full start-up and first FDCA production targeted end‑2026; 22 offtakes and >150 kt reservations secured; pursuing €55m equity plus a €20m NOM loan.
Collaborative project produces PEF-based yarns and knitted sportswear prototypes, including a prototype sports shirt shown at Milano Unica, to test plant-based recyclable polyester in apparel.
Exclusive talks aim to industrialize 5‑HMF, a bio‑based platform for resins, polymers and PEF; first ~3,000 t/yr plant scheduled to start up early 2027.
Trial explores plant-based PEF in small-format bottles for functional beverage shots, assessing processing, barrier performance and shelf-life across the production chain.
Parliament event on 24 June 2026 will examine whether bio‑based and circular carbon can underpin European chemical competitiveness and cut fossil feedstock reliance.
Peer-reviewed LCA with industrial data shows plant-based PEF can cut resin GHG emissions up to 71%, enables lighter packaging, improves recyclability, and complements recycling vs PET.
Prototype cushion uses plant-based PEF (releaf) to trial automated foam encapsulation in bedding/upholstery, assessing performance and sustainability; shown at Interzum Forum Italy, 4-5 June 2026
Sale transfers Ray Technology patents for bio-based MEG/MPG (up to end‑2023). Seller refocuses on FDCA/PEF; €2.7M proceeds used to repay debt (€2.0M) and dismantle pilot (€0.7M).
