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Expands Renewable

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UPM Expands Renewable Chemicals Portfolio with Acquisition of Avantium’s Bio-Glycol IP

UPM has acquired Avantium’s intellectual property for Ray Technology, enabling production of bio-based mono-ethylene glycol and mono-propylene glycol from plant sugars. The deal strengthens UPM’s renewable chemicals capabilities and supports its Leuna biorefinery operations. Avantium refocuses on FDCA and PEF technolo…

Friday, May 15, 2026
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