Klöckner Pentaplast reserves future PEF capacity from Avantium
Klöckner Pentaplast has signed a capacity reservation agreement with Avantium to secure future access to the plant-based polyester PEF, ahead of construction of licensed production plants that do not yet exist. The film maker plans to evaluate the material, branded Releaf, for thermoformed food trays, with no volumes or delivery date disclosed.
Why this mattersA reservation with a not-yet-built supply chain signals early positioning for bio-based PEF in food packaging, but commercial availability remains years away and unconfirmed.
- Klöckner Pentaplast has signed a capacity reservation agreement with Avantium for the plant-based polyester PEF.
- The agreement gives kp access to future PEF volumes from industrial plants that Avantium's licensees are set to build.
- No plants currently exist; Avantium plans to licence its PEF technology to manufacturers globally.
- Avantium has not disclosed the volume or duration of the reservation.
- kp intends to test the material, branded Releaf, in thermoformed food trays for fresh and ready-made food.
- Delivery depends on the material meeting technical, regulatory and commercial requirements, according to Avantium.
Sources
industrylinqs.com