Biofuels

UPM TO BUILD THE WORLD'S FIRST BIOREFINERY PRODUCING WOOD-BASED BIODIESEL

UPM is to invest in a biorefinery producing biofuels from crude tall oil in Lappeenranta, Finland. The industrial scale investment is the first of its kind globally.

The biorefinery will produce annually approximately 100,000 tonnes of advanced second generation biodiesel for transport.

Construction of the biorefinery will begin in the summer of 2012 at UPM’s Kaukas mill site and be completed in 2014. UPM’s total investment will amount to approximately EUR 150 million.

”The biofuels business has excellent growth potential. The quality of our end product and its environmental characteristics has gained significant interest among a wide range of customers, and the investment is profitable.  Lappeenranta is the first step on UPM’s way in becoming a significant producer of advanced second generation biofuels. This is also a focal part in the realisation of our Biofore strategy”, says UPM President and CEO Jussi Pesonen. 
 

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