AMSTERDAM, 27 January 2021, 18:00 CET - Avantium N.V., a leading technology company in renewable chemistry, today delivers an update on its final investment decision (FID) process concerning the construction of its FDCA flagship plant, planned to be built in Delfzijl, The Netherlands.

Due to the global COVID-19 crisis, negotiations with financial, commercial and other strategic partners have taken longer than previously foreseen. Avantium will therefore take additional time to determine whether it will be in a position to meet all the conditions required for a positive FID. The Company expects to be able to provide a further update on the FID on 24 March 2021, the publication date of its 2020 Annual Results.

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Avantium NV published this content on 27 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 January 2021 17:09:08 UTC