TNO acquires the bio-aromatics patent portfolio of Avantium

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Type of post: NEWS IN BRIEF.

Avantium has sold its bio-aromatics patent portfolio to The Netherlands Organization for Applied Scientific Research (TNO).
Press release: “Avantium sells bioaromatics patent portfolio to TNO”, 24/2/2020.
Related posts:
- “Biorizon raise 10 M€ for the development of bio-aromatics”, 1/12/2017.
- “Biorizon is looking for partners interested in the development of biobased phthalic anhydride”, 1/9/2019.
Figure 1. TNO is one of the co-founders of Biorizon, an initiative that is developing technologies for producing aromatics from vegetal residual and other streams (extracted from TNO website)

The sale includes both patents and know-how for technologies that produce bioderived products for polymers and coatings. These technologies lie outside Avantium’s strategic focus and will now be further developed by TNO. Avantium will continue to support TNO in this area and can provide proprietary single flow testing equipment to accelerate TNO’s R&D efforts. TNO is one of the co-founders of Biorizon, an initiative focused on the technology development for the production of biobased bulk aromatics (BTX) and functionalized biobased aromatics for performance materials, chemicals and coatings.

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