go to archive

Print

UPM's tall oil biofuel refinery under construction and on schedule in Finland

Nov. 12, 2012

UPM's tall oil biofuel refinery under construction and on schedule in Finland

HELSINKI, Nov. 12, 2012 (Press Release) - The construction of the world's first biorefinery producing wood-based renewable diesel in Lappeenranta is running according to schedule. The foundation stone of UPM Lappeenranta Biorefinery will be encased today. Construction began last summer and the biorefinery will start producing renewable diesel made from tall oil in 2014.

"The EUR 150 million investment to Lappeenranta is UPM's spearhead project and the first step on our way to becoming a significant producer of advanced second generation biofuels. The Biorefinery is also a focal part in the realisation of our Biofore strategy, combining the bio and forest industries," says UPM President and CEO Jussi Pesonen.



News Service subscribers - click here to read the full article.


Not a subscriber?

About RISI

RISI is uniquely positioned as the premier information provider to the global forest products industry. Executives from over 90% of the world’s forest products companies depend on RISI’s market analysis, economic forecasts, historical pricing information to help them make better business decisions.