Avantium N.V. (AVTXF)
Avantium N.V. operates in the Chemicals - Specialty industry of the Basic Materials sector, headquartered in Amsterdam, NH, NL. The stock last traded at $5.30, up 0.00% on the session, giving a market capitalisation of $46.7M. On trailing twelve-month figures it carries a trailing P/E of -2.94, a net margin of -154.3%. Its beta of 1.15 implies it has historically moved more than the broad market.
Avantium N.V., a chemical technology firm based in the Netherlands, specializes in pioneering and commercializing sustainable chemistry innovations. The company's operations are organized into three distinct divisions: Avantium Catalysis, Avantium Renewable Chemistries, and Avantium Renewable Polymers. Among its key offerings, Avantium develops furandicarboxylic acid (FDCA), an essential building block for producing polyethylene furanoate (PEF). It also supplies PEF, a plant-derived, recyclable plastic ideal for various packaging uses. The company's services extend to providing specialized catalyst testing systems, including "Flowrence," which is utilized for evaluating catalysts and adsorbents. Additionally, Avantium offers R&D systems, diverse services, and expert testing for refinery catalysts. In terms of technological development, Avantium is advancing "Ray" technology to synthesize mono-ethylene glycol from industrial sugars, and "Dawn" technology, which converts non-food plant feedstock into industrial sugars and lignin. Furthermore, the company manufactures polyesters using plantMEG. Avantium N.V. was established in 2000 and is headquartered in Amsterdam, the Netherlands.
Avantium N.V. is most often compared with the following Basic Materials names: