Biofuels
UPM's long term target is to become a major participant in the production of second generation biofuels. UPM is currently developing production technologies and business models with its partners.
UPM's biofuels production is based on non-food-rawmaterials. For example the rawmaterial to be used in the production of second generation biofuels would mainly consist of energy wood; logging residues, wood chips, stumps and bark.
Locating a biorefinery adjacent to an existing UPM pulp or paper mill would enhance the ability to utilise wood rawmaterial efficiently and minimise the required capital investments. Energy integration would offer further benefits.