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In the realm of sustainable solutions, UPM emerges as a frontrunner, investing strategically in the biochemical industry. This move isn't just about business; it's a testament to their commitment to a future less reliant on fossil fuels.
The jointly owned biorefinery, owned by SCA and St1, is now inaugurated. When fully operational in Gothenburg, the refinery will contribute an annual production of around 200,000 tons of renewable fuel.
UPM Biochemicals announced another important milestone in the development of the world’s first biorefinery in Leuna, Germany.
The Norwegian Circa Group AS, Vataset Industries Ltd. and the Kemijarvi Biorefinery Ltd. have signed a memorandum of understanding for cooperation in the Kemijarvi Biopark.
The Gothenburg biorefinery, which SCA jointly owns with St1, has recently reached a key milestone as the project management team handed over the facility to an operating organisation to begin start-up.
Biorefinery Östrand, a company jointly owned by SCA and Finnish energy company St1, signed an agreement with the European Climate, Infrastructure and Environment Executive Agency (CINEA) at the beginning of December, which entitles the company to an innovation grant of approximately EUR 167 million in the event of a future investment decision.
UPM Biochemicals has acquired SunCoal Industries GmbH, a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials.
