The three companies plan to form a consortium focused on expediting the industrial-scale production of polyethylene furanoate (PEF), Avantium’s polymer manufactured from plant-based feedstocks. Known under the name releaf, the polymer is intended for use in fashion and industrial fibres, among others. The agreement will see Avantium, Tereos and LVMH collaborate to establish a European industrial facility designed to produce PEF and related polymers using Avantium’s proprietary YXY Technology. This proce ...