#Recycled_Fibers
Avantium, LVMH and Tereos form strategic alliance to scale releaf® production across Europe
Avantium N.V., a leader in renewable and circular polymer materials, announces that it has signed Memoranda of Understanding with Tereos, a global leader in sugar, starch, alcohol and bioethanol production, and with LVMH GAÏA, the scientific and environmental R&D division of LVMH Moet Hennessy - Louis Vuitton, the world leader in luxury. Together, the parties will establish a strategic collaboration to accelerate the industrial-scale production of PEF (polyethylene furanoate), Avantium’s 100% renewable and circular performance polymer known under the brand name releaf®.