Renewable Chemical Company Avantium Listed in Global CleanTech 100 for Third Year Running

Avantium, a leading renewable chemicals company and developer of the biobased PEF bottle, today announced it was named for the third year in a row in the prestigious 2012 Global Cleantech 100, produced by Cleantech Group, a leading global research and advisory firm focused on innovation in energy and the environment.

The Global Cleantech 100 list is unique in the sector because it highlights the promise of private clean technology companies from all around the world, focusing on those companies which the players in the market feel are currently the most likely to make the most significant market impact over the next 5-10 years.

"Our listing in the 2012 Cleantech Top 100 is an excellent confirmation of the progress that Avantium has made in the development and commercialization of the YXY technology. In particular the successful build and start-up of our YXY pilot plant and our partnerships with The Coca-Cola Company and Danone were notable milestones over the past year. Building on the strong commercial traction we are now preparing for the commercial production of FDCA and PEF" said Tom van Aken, CEO at Avantium.

The list is derived from Cleantech Group’s own data and research combined with the weighted qualitative judgments of hundreds of nominations and the viewpoints of a global panel of 75 cleantech experts. To qualify for the list, companies must be independent, for-profit, cleantech companies that are not listed on any major stock exchange.

"The Global Cleantech 100 is a natural extension of our companywide mission to help corporations, investors and financiers, professional service firms and governmental agencies connect with global cleantech innovation" said Sheeraz Haji, Cleantech Group CEO.  "This report celebrates the best in innovation and is the industry standard on gauging where cleantech innovation is headed next."

8,285 companies were nominated this year from 85 countries. These companies were weighted and scored to create a short list of 236 companies presented to the expert panel for final input. The end result was 100 companies from 13 countries.

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