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Avantium secures Horizon Europe grant

Avantium secures Horizon Europe grant
Avantium is a frontrunner in developing and commercializing innovative technologies for the production of chemicals and materials based on sustainable carbon feedstocks, i.e. carbon from plants or carbon dioxide (CO2) from the air (photo courtesy Avantium).

In the Netherlands, Avantium N.V, a leading technology company in renewable chemistry, has been awarded a EUR 3 million grant by the EU Horizon Europe program for its participation in the four-year research and development (R&D) program WaterProof.

One of Avantium’s innovative technology platforms is called Volta Technology and uses electrochemistry to convert CO2 to high-value products and chemical building blocks such as formic acid, oxalic acid, and glycolic acid.

The latter two are key building blocks for polyesters and other materials, allowing the production of CO2 negative plastics.

Demo closed-loop carbon cycle

The WaterProof program aims to demonstrate the full value chain of a closed carbon cycle.

Under this program, Avantium will convert CO2, from wastewater purification and waste incineration into formic acid using its proprietary catalytic electrochemistry platform.

We are pleased with the EU Horizon Europe grant for the WaterProof program, allowing us to showcase the added value of electrochemical conversion of CO2 into carbon-negative ingredients and materials, said Annelie Jongerius, Senior Scientist at Avantium and scientific coordinator of WaterProof.

This formic acid can then be used to make new consumer products. This project will demonstrate that competitive and profitable business opportunities can be created by turning CO2 into value-added products.

The WaterProof program will start in June 2022 under the coordination of Avantium.

Leading the WaterProof program is a fantastic opportunity for us to work with like-minded organizations towards a fossil-free future, Annelie Jongerius said.

In addition to Avantium, the WaterProof consortium consists of eleven leading companies and knowledge institutes: Funditec (Spain), Tecnalia (Spain), Stichting Waternet (Netherlands), Ecover (Belgium), Nova Institut GmbH (Germany), Nordic Fish Leather (Iceland), Izes GmbH (Germany), Frames Renewable Energy Solutions BV (Netherlands), Coatema GmbH (Germany), HVC (Netherlands), CTA (Columbia).

The EUR 3 million grant will be paid out in tranches to Avantium over a period of four years. The consortium received an EU Horizon Europe grant totaling EUR 9.2 million.

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