Biorefinery investment
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UPM has decided to invest in the first biorefinery in the world producing wood based advanced biofuels for transport.
See announcement day reactions from UPM Head Office in Helsinki.
UPM'S TARGET - MAJOR PLAYER IN ADVANCED BIOFUELS
UPM's long term target is to become a major player in Europe in the production of renewable, high quality advanced biofuels. Lappeenranta biorefinery investment is a great start on this path.
Biofuels fit well to UPM's current businesses – our profound experience in forest biomass and extensive resources can be used effectively for developing biofuels business.