Avantium receives €15 million from the government
The government supports Avantium with a €15 million subsidy in exchange for a share.
Published on September 4, 2025
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The Dutch government will support chemical company Avantium with a €15 million subsidy in exchange for a stake in the company. This was announced by outgoing climate minister Sophie Hermans (VVD) to the House of Representatives. The funds come from the Climate Fund, which is intended to help companies become more sustainable. Avantium is a chemical company that develops sustainable raw materials for the production of bioplastics and other circular materials.
Avantium recently reached a financing agreement with investors, including a €65 million share issue in which the government is indirectly involved. The company, which produces raw materials, plans to open a new factory in Delfzijl soon, but does not expect to turn a profit until later. With the current financial injection, Avantium is expected to be able to continue until mid-2027.
The subsidy and investment are subject to conditions. For example, Avantium's intellectual property will remain in Dutch hands. The State may also appoint an observer to supervise the board, which has agreed to a wage sacrifice and a ban on bonuses until the end of 2027.
