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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…
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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 cap... Read the full IIPLA article: https://iipla.org/news/upm-expands-renewable-chemicals-portfolio-with-acquisition-of-avantium-s-bio-glycol-ip