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UPM has acquired the intellectual property rights to Avantium’s Ray Technology®, a process for producing bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant sugars. This strategic move broadens UPM’s IP portfolio in bio-based glycols, reinforcing its position as a leader in renewable chemic…
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UPM Expands Bio-Based Glycols Patent Portfolio with Acquisition of Avantium's Ray Technology® IP UPM has acquired the intellectual property rights to Avantium’s Ray Technology®, a process for producing bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant sugars. This strategic move broade... Read the full IIPLA article: https://iipla.org/news/upm-expands-bio-based-glycols-patent-portfolio-with-acquisition-of-avantium-s-ray-technology-ip