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Avantium N.V. is a chemical technology company specializing in the development and commercialization of bio-based plastics and chemicals. Its primary products include furandicarboxylic acid (FDCA), a key building block for polyethylene furanoate (PEF), marketed under the brand name Releaf®, a 100% plant-based, recyclable polymer with applications in packaging, textiles, and films. Founded in 2000 and headquartered in Amsterdam, the Netherlands, Avantium operates R&D labs in Amsterdam and pilot plants in Geleen and Delfzijl, with a flagship FDCA plant in Delfzijl. The company holds a robust intellectual property portfolio with over 175 granted and pending patent families, reflecting its commitment to innovation in renewable chemistry.

Incorporated in 1911, International Business Machines, or IBM, is one of the oldest technology companies in the world. It provides software, IT consulting services, and hardware to help business customers modernize their technology workflows. IBM operates in 175 countries and employs approximately 300,000 people. The company has a robust roster of business partners to service its clients, which includes 95% of all Fortune 500 companies. IBM's products, including Red Hat, watsonx, and mainframes, handle some of the world's most important data workloads in areas like finance and retail.