Avantium NV 2020 AR2
The report outlines Avantium's progress in 2020, highlighting the launch of its 'Chain Reaction 2030' sustainability plan, which sets ten concrete targets for the next decade, including achieving net-zero carbon emissions from its own operations by 2030. The company successfully commissioned and started up its Ray Technology demonstration plant in Delfzijl to produce plantMEG. Additionally, Avantium secured a ‗7.5 million grant from the National Programme Groningen and a ‗5.4 million grant from the Netherlands Enterprise Agency to support its FDCA flagship and pilot plants. Despite COVID-19 challenges affecting its Catalysis business and delaying the Final Investment Decision for the FDCA flagship plant, the company expanded its operations and conditionally secured ‗95 million in funding.
Company: Avantium NV
Sector: Manufacturing
Country: Netherlands
Year: 2020
Type: AR2
Pages: 151
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Avantium NV
Annual Report
The report outlines Avantium's progress in 2020, highlighting the launch of its 'Chain Reaction 2030' sustainability plan, which sets ten concrete targets for the next decade, including achieving net-zero carbon emissions from its own operations by 2030. The company successfully commissioned and started up its Ray Technology demonstration plant in Delfzijl to produce plantMEG. Additionally, Avantium secured a ‗7.5 million grant from the National Programme Groningen and a ‗5.4 million grant from the Netherlands Enterprise Agency to support its FDCA flagship and pilot plants. Despite COVID-19 challenges affecting its Catalysis business and delaying the Final Investment Decision for the FDCA flagship plant, the company expanded its operations and conditionally secured ‗95 million in funding.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
Mar 24, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees