Group 1 - Avantium has established a strategic partnership with Tereos and LVMH GAÏA to accelerate the industrial-scale production of its 100% renewable circular high-performance polymer PEF (brand name: releaf®) [2] - Releaf® is made from plant-based raw materials and has wide applications in food and beverage packaging, cosmetics packaging, and industrial fibers [2] - The collaboration aims to expand the production scale of bio-based plastics, continuing the long-term cooperation among the three parties within the EU-supported PEF Alliance, which focuses on transitioning from fossil-based polyesters to plant-based polyesters [2] Group 2 - Avantium raised a total of €84.8 million through equity financing on September 18 [3] - On August 29, Avantium successfully launched the Sugar Dehydration Unit (SDH), responsible for converting plant sugars into the key intermediate MMF (Methoxymethylfurfural) [3] - Avantium has signed 20 purchase agreements in the commercialization of PEF, covering various applications such as bottles, fibers, and films, with a total contract value exceeding €100 million [3]