Avantium is a leading technology development company and a frontrunner in developing and commercialising innovative technologies for the production of materials based on sustainable carbon feedstocks, i.e. carbon from biomass or from the air (CO2). The most advanced technology is the YXY® Technology that converts plant-based sugars into FDCA (furandicarboxylic acid), the key building block for the sustainable bioplastic PEF (polyethylene furanoate). The second technology is Ray Technology™ which converts sugars to plant-based mono-ethylene glycol and plant-based mono-propylene glycol: plantMEG™ and plantMPG™. A third technology, called Volta Technology, uses electrochemistry to convert CO2 into chemical building blocks and bioplastics, including PLGA.