Avantium takes positive investment decision after signing €90 million debt financing term sheet

Netherlands-based chemistry technology development company Avantium N.V. has taken a positive investment decision on the construction of its FDCA (furandicarboxylic acid) flagship plant. The decision was taken after the company fulfilled all three key conditions for proceeding to build the flagship plant, which include securing sufficient financing. With the signing of a €90 million committed debt financing term sheet, the final condition has now been met. The group of lenders consists of ABN AMRO Bank, ASN Bank, ING Bank, Rabobank and Invest-NL.

Signing the committed debt financing term sheet is an important step in the process of building the FDCA flagship plant, which will contribute greatly to the development of new, recyclable technologies. As Avantium’s debt advisor, we are proud to be able to support the company in this journey. Bas Stoetzer, Partner, Oaklins Netherlands

Avantium is a leading technology development company and a forerunner in renewable chemistry. The company focuses on developing and commercializing breakthrough technologies for the production of chemicals from renewable sources and circular plastic materials used for a variety of consumer products. In addition, the company also provides advanced catalysis R&D services and systems to clients active in the refinery and chemical industries.


The company’s FDCA flagship plant, to be located in Delfzijl, the Netherlands, will be the world’s first factory to produce FDCA on a commercial scale, with a capacity of 5 kiloton per annum. FDCA is the key building block of the 100% plant-based, recyclable plastic material PEF (polyethylene furanoate) which has functional advantages compared to fossil fuel-derived plastics.


The positive investment decision taken by Avantium is conditional on shareholders’ approval to complete the transaction. An extraordinary general meeting of shareholders will therefore be held in January 2022. Financial close is expected in the first quarter of 2022.


Oaklins’ team in the Netherlands acts as debt advisor to Avantium.

Get in touch with the team

Stoetzer bas 19765 4x5
Bas Stoetzer Amsterdam, the Netherlands
Partner Debt Advisory
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Derkx jeroen 19339 4x5
Jeroen Derkx Amsterdam, the Netherlands
Director Debt Advisory
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Vermue niels 19479 4x5
Niels Vermuë Amsterdam, The Netherlands
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