20 May 2022 --- This week in packaging, Avantium was awarded €3 million (US$3.17 million) to demonstrate the value of CO2 conversion into high-value chemicals, and TotalEnergies joined New Hope Energy to build an advanced recycling facility in Texas, US. Meanwhile, Avery Dennison and Wiliot announced a partnership to take the Internet of Things (IoT) to the “next level.” In brief: Business newsThe EU Horizon Europe program awarded Avantium a €3 million (US$3.17 million) grant for its participation in the four-year R&D program WaterProof. This program aims to demonstrate the value of electrochemical conversion of carbon dioxide into high-value chemicals and products. The grant will be paid out in tranches to Avantium over a period of four years.
