Following three years of close collaboration between Avantium and LVMH Recherche and under LVMH's offtake agreement with Avantium, Parfums Christian Dior will implement Releaf, Avantium's brand name for the polymer PEF (polyethylene furanoate) in its packaging. Dior will be the first in the cosmetics industry to use this100% plant-based material for its primary packaging. Avantium's PEF, known under the brand name Releaf, is a fossil-free polymer material, which is fully recyclable through existing recycling streams. Releaf distinguishes itself through performance providing optimal protection for formulations while preserving their qualities. In October, Avantium officially inaugurated the world's first commercial plant in Delfzijl, Netherlands. Commercial production is anticipated to commence in 2025.