AMSTERDAM, 01 March 2022 – Avantium Catalysis and Japan-based industrial machinery specialist DJK entered into an agency agreement to better serve Avantium’s catalysis customers in Japan. Through DJK, Avantium expects to generate leads for both its Flowrence units as well as for service projects.
Japan has a large, technologically highly advanced chemicals industry. That industry has a strong focus on catalysis and adsorbent research and data quality and has a global top-three position in patent-filings on catalysis. These are characteristics are well served by Avantium’s Catalysis business unit which offers advanced R&D technology.
The agency agreement with DJK has followed after the successful installment of several high throughput Flowrence systems in Japan. Steven Olivier, Managing Director of Avantium Catalysis, comments: “We highly value the strong network of DJK within the Japanese chemical sector. Also, we see that our Flowrence® technology delivers the performance that research institutes, chemical and catalyst companies in Japan value. We are therefore very pleased to enter into a partnership with DJK who will help us further boost our rapidly growing business in Japan.”
Yasushi Marumoto, Managing Director of Daiichi Jitsugyo, comments: “We are pleased to collaborate with Avantium. This collaboration is in line with one of our missions; to create a sustainable society through our business while facing various social issues on a global scale. We find the technology of Flowrence® introduced by Avantium innovative and we highly value this with expectations for us to provide customers in Japan, the accelerative solution in demand of new catalytic development.”
About Avantium’s Flowrence Technology®
Avantium’s Flowrence Technology® is an advanced high-throughput platform for high-quality testing of catalysts and adsorbents. The Flowrence Technology® can be used for a broad range of industrial applications that operate in gas, vapor or trickle phases. The parallel reactor system combines the reproducibility of larger-scale reactors with the advantages of small-scale reactors such as intrinsic safety, high accuracy, low costs per experiment and, ultimately, faster time-to-market. The Flowrence Technology® is leading for refinery, green chemistry and many other applications. The combination of Avantium’s broad knowledge of applications and the Flowrence Technology® creates a powerful, cost-efficient method of testing catalysts and adsorbents and a faster way to bring new products to the market.
About DJK
Daiichi Jitsugyo is a general machinery trading company founded in Tokyo, Japan, in 1948. Daiichi Jitsugyo expanded into various business fields with the growth of Japanese industries. The company has taken initiatives for its global operations in leading technologies, as well as in accumulation of know-how to meet diversifying needs, such as energy-saving, lower costs, and less environmental impact, and have had solid track records. Daiichi Jitsugyo has seven main businesses: Plant & Energy, Energy Solutions, Industrial Machinery, Electronics, Automobile, Healthcare, and Aviation & Infrastructure. The company has been expanding their business through its extensive global network of 36 locations in 17 different countries, with 7 locations in Japan. In addition, Daiichi Jitsugyo has group companies, which specialize in design and development of machinery, manufacturing, engineering, and maintenance. In cooperation with its group companies, Daiichi Jitsugyo provides total solutions, from equipment proposals to after-sales service.
About Avantium
Avantium is a leading technology development company and a forerunner in renewable chemistry. Avantium develops novel technologies based on renewable carbon sources as an alternative to fossil-based chemicals and plastics. The company currently has three technologies at pilot and demonstration phase. The most advanced technology is the YXY® plant-to-plastics–technology that catalytically converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable plastic PEF (polyethylene furanoate). Avantium has successfully demonstrated the YXY® Technology at its pilot plant in Geleen, the Netherlands, and will start construction of the world’s first commercial plant for large-scale production of PEF in 2022. The second technology is Ray Technology™ and catalytically converts industrial sugars to plant-based MEG (mono-ethylene glycol): plantMEG™. Avantium is scaling up its Ray Technology™ and the demonstration plant in Delfzijl, the Netherlands opened in November 2019. The third technology is called the Dawn Technology™ that converts non-food biomass into industrial sugars and lignin in order to transition the chemicals and materials industries to non-fossil resources. In 2018, Avantium opened the Dawn Technology™ pilot biorefinery in Delfzijl, the Netherlands. Next to developing and commercialising renewable chemistry technologies, the company also provides advanced catalysis R&D services and systems to customers in the refinery and chemical industries. Avantium works in partnership with like-minded companies around the globe to create revolutionary renewable chemistry solutions from invention to commercial scale.
Avantium’s shares are listed on Euronext Amsterdam and Euronext Brussels (symbol: AVTX). Avantium is included in the Euronext Amsterdam SmallCap Index (AScX). Its offices and headquarters are in Amsterdam, the Netherlands.
For more information:
rds@avantium.com