Upon an exit of BASF, Avantium will acquire BASF’s equity interest in the joint venture and Synvina
will continue its operations as a fully Avantium-owned company. In addition, the YXY technology,
know-how and people will revert to Avantium. This will allow Avantium to pursue alternative routes
for commercializing the technology.
BASF has notified Avantium of its exit from their Synvina joint venture, effective 15 January 2019.
Avantium continues to disagree with BASF’s interpretation of the joint venture agreement. Avantium and BASF are still discussing the terms and conditions of an exit.
PETnology's Resource Guide
comPETence center
The comPETence center provides your organisation with a dynamic, cost effective way to promote your products and services.
Our premium articles
comPETence
magazine
magazine
Find our premium articles, interviews, reports and more
in 3 issues in 2026.
