News by Avantium 7

Formulators evaluating bio-based glycols, including mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) for use in packaging, textiles, and industrial fluid applications should be aware that the intellectual property underlying Avantium's Ray Technology® has been acquired by UPM.

 The transaction was announced by Avantium N.V. and covers the patent portfolio and invention disclosures developed by Avantium up to the end of 2023.