(Furan diformic acid) is a basic chemical component for the production of PEF(a new high-quality plastic made from plants).Compared with traditional plastics,PEF is characteriazed by improving the isolation performance of gases such as carbon dioxide and oxygen.This can extend the shelf life of the packaged produce.Due to its enhanced mechanical srength,it can produce thinner PEF packaging,which inevitably reduces the amount of packaging materials.Therefor,PEF is particularly suitable for the production of specific food and beverage packaging,such as film and plastic bottles.After use,PEF can be recycled.Dr.StefanBlank,president of BASF's intermediate department,said:"RElying on the planned joint venture,we hope to combine Avantium's special production technology and application expertise for FDCA and PEF with BASF's advantages It is especially important that we are a mature and trustwurthy chemical company engaged in intermediate and polymer business,with expertise in market development and mass production.Tomvan Aken,CEO,said:"The plan to form a joint venture with BASF is a major milestone in developing and commercializing this industry-changing technology.Cooperating with the world's largest chemical company will give us the capacity needed to realize the industrialization of this technology.In cooperation with BASF,we plan to start producing FDCA,aiming to commercialize this exciting biological substrate for the first time and further develop and expand the market.
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