Marcel Lubben was most recently president of Reverdia, a producer of bio-based succinic acid

Avantium has retaken full ownership of its YXY plants-to-plastics technology through the purchase of BASF’s shares in the Synvina joint venture, and named Marcel Lubben as Synvina’s managing director to lead its commercialisation. As agreed in the joint venture agreement, Avantium paid BASF €13.7 million ($15.6m) for its equity stake in Synvina, while a net…