April Cosun Beet Company and Avantium plan to form the joint venture in with the aim to make an investment decision for the foreseen commercial plant in the first half of and commercial operations commencing in The joint venture is envisioned to be a world class producer of plant-based glycols to actively contribute to a fossil-free future. MEG is a blockbuster commodity intermediate and plantMEG is a fully recyclable plant-based product used in broad applications like packaging, polyester textiles, and antifreeze. The products are being validated in commercially relevant applications by Avantium.
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Notes will be offered under a note purchase agreement to be entered into with certain institutional investors collectively, the " Noteholders ". TD Securities is acting as placement agent for the sale of the Notes. The Notes will be guaranteed, and will rank pari passu with, the existing senior secured credit facility entered into between Lantic, The Maple Treat Corporation, and Bank of Montreal , as administrative agent to the senior lenders. The respective rights of the lenders under said senior secured credit facility, and of the Noteholders under the Notes, will be governed by the terms of an Intercreditor Agreement.
If youre a professional science writer like myself, this course gives you an important glimpse into the process of how scientists write about their research - and of course, there are lots of great writing tips that apply to science writing for non-experts.