Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn

Company News Summary

Worley Announces Regarding Commercial Scale Renewable Plastics Facility

18 May 2022  |  09:14:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Commercial scale renewable plastics facility

Worley announced that its strategic partnership with Avantium Renewable Polymers (Avantium) is progressing to the next phase. It previously announced the partnership on 29 January 2021. Following the recent positive final investment decision, the Company and Avantium have signed a technology cooperation agreement and it will deliver engineering, procurement and construction (EPC) services to develop the Avantium flagship facility in Delfzijl, the Netherlands. The Avantium flagship facility will be the world-first commercial scale renewable plastics facility producing up to 5,000 kilo tonnes plant-based furandicarboxylic acid (FDCA) annually.

Please click here for full details

See more ASX300 News Announcements