Avantium N : successfully raises €45 million to accelerate the global transition to renewable and circular plastics

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AMSTERDAM, 14 April 2022, 17:35 hrs CET - Avantium N.V. (the "Company" or "Avantium") announces the successful completion of its capital increase by means of a public offering of Avantium shares (the "Offer Shares") with a priority allocation period for its existing shareholders, a retail offering and a private placement (the "Offering"), for an amount of €45 million. The successful completion will allow Avantium to advance its plantMEG™ technology towards commercialisation and develop its biorefinery and CO2-based chemicals, and its other environmentally friendly polymer-related technologies.