UPM-Kymmene Investing in Woody Biomass Chemicals Plant (Int'l.)
In Finland, Helsinki-headquartered UPM-Kymmene Oyj reports it will invest €550 million ($600 million) in a biorefinery at Leuna, Germany, that will use locally-sourced wood biomass to produce a variety of 100 pct wood-based biochemicals -- bio-monoethylene glycol (BioMEG), bio-monopropylene glycol (BioMPG), industrial sugars and lignin-based renewable functional fillers. The facility is expected to produce roughly 220,000 metric tpy when fully operation by the end of 2022.
UPM-Kymmene' buiness companies include: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Paper Asia, UPM Paper ENA and UPM Plywood
(Source: UPM-Kymmene Corp., 10 Feb., 2020) Contact: UPM-Kymmene Corp, Jussi Pesonen, Pres., Tel. +358 204 15 111,
Fax. +358 204 15 110, www.upm.com
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