Avantium Announces Master Services Agreement With Chevron Energy Technology Company

    AMSTERDAM, Sept. 2 /CNW/ - Avantium announced today that it has entered
into a master services agreement with Chevron Energy Technology Company for
the application of high-throughput technologies in the development of
catalysts in the oil and gas field.
    Avantium specializes in high-throughput methodologies that enable
scientists to conduct parallel experiments on a very small scale, under
industrial conditions and at a very high speed.
    This agreement allows Chevron Energy Technology Company to access
high-throughput methodologies as part of the suite of tools used in the
development of catalysts.
    "The agreement with Chevron Energy Technology Company allows both parties
to make use of the advantages of high-throughput technologies for the
development of catalysts for the most demanding petrochemical processes. Our
skills sets have proven to significantly reduce the time-to-market of new
products and this agreement with Chevron Energy Technology Company
demonstrates the value of our technological capabilities," commented Tom van
Aken, Chief Executive Officer of Avantium.

    Profile Avantium

    Avantium is a leading technology company in the area of advanced
high-throughput R&D operating in the energy, chemicals and pharmaceutical
industries. The company develops products and processes in the area of
biofuels, bio-based chemicals and novel crystal forms of existing drugs by
applying its proprietary, high-throughput R&D technology. Avantium has
demonstrated the potential of this technology by providing R&D services and
tools to more than 70 companies worldwide, including many of the world's
largest energy, chemicals and pharmaceutical companies. Avantium has
approximately 120 employees; its offices and head quarters are based in

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For further information: For more information about this press release
please contact us via: Mariette Hoogendoorn, Phone:+31-20-586-8010, Email:

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