Industry Platform Driving Development of Advanced Biofuels in Europe

Industry platform driving development of advanced biofuels in Europe

LSB is a coalition of leading advanced biofuel technology developers and producers commit- ted to making a signiﬁcant contribution to meeting the EU ambitions of decarbonizing the transport sector. Sustainable advanced biofuels are a fast track solution for decarbonizing transport. Advanced biofuels bring multiple beneﬁts in terms of CO2 reduction, investments, revenuers for farmers and forestry, and an increase in energy security.

Biochemtex is part of the Mossi Ghisolfi Group, a leading name in the PET, engineering and renewable chemistry sector. It developed break-through proprietary technology (PROESA™) platform, commercial- ized by Beta Renewables, to produce clean fermentable sugars from cellulosic biomass. The PROESA™ technology platform, demonstrated on industrial scale at the Crescentino cellulosic ethanol plant, Italy, enables the cost-effective production of fuels and chemicals from non-food biomass derived sugars.” www.biochemtex.com

BTG is private consultancy, project development and research & technology development company specialized in bioenergy, biofuels and biobased materials. BTG is a SME and based in the Netherlands. BTG is well known because of its’ many successful spin-offs. Through its’ spin-off company BTG-BTL (www.btg-btl.com), the flash pyrolysis technology is rolled-out. Through BTG-BTL’s daughter company Empyro (investment 20 million EUR, capacity 24.000 ton/year, 7 employees), the commercial production of crude flash pyrolysis oil has been taken place since 2015. The BTG-companies are particularly focusing at further expansion of installed production capacity and co-refining of pyrolysis oil in existing refineries. www.btgworld.com

Clariant is a globally leading specialty chemicals company with 17,442 employees and an annual turnover of CHF 5.847 billion. Innovation and sustainability are two strategic pillars of its corporate strategy. In its Clariant Biotech Center (CBC) in Planegg near Munich, Clariant focuses on developing tailor-made biotechnological processes for the economic and sustainable production of bio-based chemicals and biofuels and offers its customers one-stop system solutions ranging from renewable feedstock, biocata- lytic, catalytic and chemical conversion to downstream processing. For example, Clariant has developed the sunliquid® process, which uses enzymatic hydrolysis to sustainably produce cellulosic ethanol from www.clariant.com agricultural residues.

DONG Energy is a focused energy company with a strong profile in renewables. DONG Energy 2016 revenue was 8,2 billion EUR and EBITDA was 2,6 billion EUR. The total number of employees is 6200. DONG Energy have activities primarily in Northwestern Europe and are the world leader in deploying offshore wind, At the same time, DONG Energy are taking the lead in converting existing coal-and gas-fired power stations to sustainable biomass, providing a heat and power supply which is both green and flexible. DONG Energy has two technologies for producing advanced biofuels “Inbicon”, that use agricultural residues and “Renescience” that uses MSW. www.dongenergy.com Enerkem makes biofuels and renewable chemicals from urban waste. With its proprietary technology, Enerkem makes biofuels and renewable chemicals from urban waste. With its proprietary technology, Enerkem converts non-compostable and non-recyclable municipal solid waste into methanol, ethanol Enerkem converts non-compostable and non-recyclable municipal solid waste into methanol, ethanol Enerkem makes biofuels and renewable chemicals from urban waste. With its proprietary technology, Enerkem makes biofuels and renewable chemicals from urban waste. Withand its other proprietary chemicals. technology, The company offers a smart alternative to landfilling and incineration, and helps and other chemicals. The company offers a smart alternative to landfilling and incineration, and helps Enerkem converts non-compostable and non-recyclable municipal solid waste into methanol, ethanol Enerkem converts non-compostable and non-recyclable municipal solid wastedevelop into a circular methanol, economy ethanol where waste becomes a resource to make sustainable products. 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SE The is andenergy company helps and chemistry is also developing holding with additional several production and sales companies and ENERGOCHEMICA SE is energy and chemistry holding with several production and sales companies and www.enerkem.com www.enerkem.com waste-to-chemicals and biofuels plant to be located in the Port of Rotterdam. R&D institute. With its head office waste-to-chemicalsin Prague, Czech Republic, and biofuels operations plant into Slovakiabe located and in 1 the 800 Port employees of Rotterdam. biorefineries based on its modular manufacturingR&D institute. approach. With its headIn Europe, office the in companyPrague, Czechis partnering Republic, withoperations develop in Slovakia a circular and economy 1 800 employees where biorefinerieswaste becomes based a resource on its tomodular make sustainablemanufacturing products. approach. Headquar- In Europe, the company is partnering with ENERGOCHEMICA SE is energy and chemistry holding with several production and sales companies and ENERGOCHEMICA SE is energy and chemistry holding with several productionhas aand vision sales to companiesbecome one and of the major chemical and energy group in the region of Central and Eastern industry leaders AkzoNobel, Van Gansewinkel,has a vision Airto become Liquide one and of the AVR major for thechemical construction and energy of group a intered the regionin Canada, of Central Enerkem and Eastern owns andindustry operates leaders a full-scale AkzoNobel, commercial Van Gansewinkel,facility in Edmonton, Air Liquide Canada, and as AVR for the construction of a R&D institute.www.enerkem.com With its head office in Prague, Czech Republic, operations in Slovakia and 1 800 employees R&D institute. With its head office in Prague, Czech Republic, operations inEurope. Slovakia ENERGOCHEMICA and 1 800 employees SE concentrates its potential on traditional markets but also strives for recogni- waste-to-chemicals and biofuels plant toEurope. be located ENERGOCHEMICA in the Port of Rotterdam.SE concentrates its potential on traditional wellmarkets as anbut innovation alsowww.enerkem.com strives centrefor recogni- in thewaste-to-chemicals province of Quebec. and biofuelsThe company plant to is be also located developing in the Port additional of Rotterdam. has a vision to become one of the major chemical and energy group in the region of Central and Eastern has a vision to become one of the major chemical and energy group in thetion region in the of Centralnew market and Eastern segments, such as bio-based industry. ENERGOCHEMICA SE is already building the tion in the new market segments, such as bio-based industry. ENERGOCHEMICAbiorefineries SE isbased already on building its modular the manufacturing approach. In Europe, theENERGOCHEMICA company is partnering SE is energy with and chemistry holding with several production and sales companies and Europe. ENERGOCHEMICA SE concentrates its potential on traditional marketsENERGOCHEMICA but also strives SEfor isrecogni- energy and chemistry holding with several productionEurope. ENERGOCHEMICA and sales companies SE concentrates and its potential on traditional marketslargest but alsosecond strives generation for recogni- biorefinery in Europe using Proesa® technology. The project will showcase largest second generation biorefinery in Europe using Proesa® technology.industry leadersThe project AkzoNobel, will showcase Van Gansewinkel, Air Liquide and AVRR&D for institute. the construction With its head of office a in Prague, Czech Republic, operations in Slovakia and 1 800 employees tion in the new market segments, such as bio-based industry. ENERGOCHEMICAR&D institute. SE is already With building its head the office in Prague, Czech Republic, operationstion inin the Slovakia new market and 1 segments,800 employees such as bio-based industry. ENERGOCHEMICAstate-of-the-art SE is already technologies building the and demonstrate the techno-economic viability of lignocellulosic biorefin- state-of-the-art technologies and demonstratewww.enerkem.com the techno-economicwaste-to-chemicals viability of lignocellulosic and biofuels biorefin- plant to be located in the Port of Rotterdam.has a vision to become one of the major chemical and energy group in the region of Central and Eastern ENERGOCHEMICAlargest second generation SE is energy biorefinery and chemistry in Europe holding using with Proesa® several technology. productionhas a andThe vision salesproject to companiesbecome will showcase one and of the major chemical and energy group largestinENERGOCHEMICA the region second of generation Central SE is andenergy biorefinery Eastern and chemistry in Europe holding using with Proesa® several technology. productioneries. The and project sales companies will showcase and www.energochemica.eu eries. www.energochemica.eu Europe. ENERGOCHEMICA SE concentrates its potential on traditional markets but also strives for recogni- R&Dstate-of-the-art institute. With technologies its head office and demonstratein Prague, Czech the techno-economic Republic, operations viability inEurope. Slovakia of lignocellulosic ENERGOCHEMICA and 1 800 biorefin-employees SE concentrates its potential on traditionalstate-of-the-art marketsR&D institute. but also With technologies strives its head for recogni- office and demonstrate in Prague, theCzech techno-economic Republic, operations viability in Slovakia of lignocellulosic and 1 800 biorefin-employees tion in the new market segments, such as bio-based industry. ENERGOCHEMICA SE is already building the haseries. a vision to become one of the major chemical and energy group in thetion region in the of Centralnew market and Eastern segments, suchwww.energochemica.eu as bio-based industry. ENERGOCHEMICAeries.has a vision SE to is becomealready building one of the the major chemical and energy group in the region of Central and Eastern www.energochemica.eu largest second generation biorefinery in Europe using Proesa® technology. The project will showcase Europe. ENERGOCHEMICA SE concentrates its potential on traditional marketslargest but alsosecond strives generation for recogni- biorefineryENERGOCHEMICA in Europe using SE is Proesa®energy andtechnology.Europe. chemistry ENERGOCHEMICA The holding project with will several showcase SE concentrates production its and potential sales companies on traditional and markets but also strives for recogni- state-of-the-art technologies and demonstrate the techno-economic viability of lignocellulosic biorefin- tion in the new market segments, such as bio-based industry. ENERGOCHEMICAstate-of-the-art SE is already technologies building the and demonstrateR&D institute. the With techno-economic its head office tionviabilityin Prague, in the of new lignocellulosicCzech market Republic, segments, biorefin- operations such asin Slovakiabio-based and industry. 1 800 ENERGOCHEMICAemployees SE is already building the Kaidi is a frontrunner of world-class bioenergy production and plans to build a globally unique biorefin- Kaidi is a frontrunner of world-class bioenergy production and plans to build a globally unique biorefineries. www.energochemica.eu largest second generation biorefinery in Europe using Proesa® technology.eries. The project will showcase www.energochemica.eu ery in Kemi by 2019 worth €900 million. Kaidi’s sustainable technology produces second generation hasery a in vision Kemi to by become 2019 worth one of €900 the majorlargest million. chemical second Kaidi’s and sustainablegeneration energy groupbiorefinery technology in the inregion produces Europe of Central secondusing and Proesa® generation Eastern technology. The project will showcase state-of-the-art technologies and demonstrateKaidi is a frontrunner the techno-economic of world-class viability bioenergy of lignocellulosic production and biorefin- plans to build a globally unique biorefin- Kaidi is a frontrunner of world-class bioenergy production and plans to buildbiofuels a globally by using unique wood biorefin- based biomass and forest industry residues as its main feedstock. Kaidi Finland is Europe.biofuels ENERGOCHEMICA by using wood based SE concentrates biomassstate-of-the-art and its forest potential industry technologies on traditional residues and as demonstratemarkets its main but feedstock. also the strivestechno-economic Kaidi for Finland recogni- is viability of lignocellulosic biorefineries. ery in Kemi by 2019 worth €900 million. Kaidi’s sustainable technology produceswww.energochemica.eu second generation ery in Kemi by 2019 worth €900 million. Kaidi’s sustainable technology owned produceswww.energochemica.eu by second one of generation the China’s leading renewable energy and environmental technology producers, tionowned in the by new one market of the segments, China’s leading sucheries. as renewablebio-based industry. energy andENERGOCHEMICA environmental SE technology is already building producers, the biofuels by using wood based biomass and forest industry residues as its mainlargest feedstock. second Kaidigeneration Finland biorefinery is in Europe using Proesa® technology.biofuels by The using project wood willbased showcase biomass and forest industry residues as its mainSunshine feedstock. Kaidi KaidiNew EnergyFinland Group. is Sunshine Kaidi has an asset value of over 7 billion euros and approxi- Sunshine Kaidi New Energy Group. Sunshine Kaidi has an asset value of over 7 billion euros and approxi- Kaidi is a frontrunner of world-class bioenergy production and plans to build a globally unique biorefin- owned by one of the China’s leading renewable energy and environmentalstate-of-the-artKaidi is technologya frontrunner technologies producers, of world-class and demonstrate bioenergy productionthe techno-economic and plansowned toviability build by aof globally onelignocellulosic of theunique China’s biorefin-biorefin- leading renewable energywww.kaidi.fi and environmentalmately technology8,000 employees. producers, www.kaidi.fi mately 8,000 employees. ery in Kemi by 2019 worth €900 million. Kaidi’s sustainable technology produces second generation Sunshine Kaidi New Energy Group. Sunshine Kaidi has an asset value of overeries.ery 7 inbillion Kemi euros by 2019 and worthapproxi- €900 million. Kaidi’s sustainable technologySunshine produces Kaidi New second Energy generation Group. Sunshine www.energochemica.eu Kaidi has an asset value of over 7 billion euros and approxi- biofuels by using wood based biomass and forest industry residues as its main feedstock. Kaidi Finland is www.kaidi.fi Kaidimately is a8,000 frontrunner employees. of world-class bioenergy production and plans to buildbiofuels a globally by using unique wood biorefin- based biomass and forest industrywww.kaidi.fi residues asmatelyKaidi its main is 8,000 a feedstock.frontrunner employees. Kaidi of world-class Finland is bioenergy production and plans to build a globally unique biorefin- owned by one of the China’s leading renewable energy and environmental technology producers, ery in Kemi by 2019 worth €900 million. Kaidi’s sustainable technology owned produces by second one of generation the China’s leading renewable energy and environmentalery in Kemi technology by 2019 worth producers, €900 million. Kaidi’s sustainable technology produces second generation Sunshine Kaidi New Energy Group. Sunshine Kaidi has an asset value of over 7 billion euros and approxi- biofuels by using wood based biomass and forest industry residues as its mainSunshine feedstock. Kaidi KaidiNew EnergyFinland Group. is Sunshine Kaidi has an asset value biofuelsof over 7 by billion using euros wood and based approxi- biomass NEOTand forest is a fuels industry procurement residues companyas its main owned feedstock. by St1 Kaidi Nordic Finland and isSOK with annual supply of 8 billion liters NEOT is a fuels procurement company owned by St1 Nordic and SOK with annual supply of 8 billion liters www.kaidi.fi mately 8,000 employees. owned by one of the China’s leading renewable energywww.kaidi.fi and environmentalmately technology8,000 employees. producers, owned by one of the China’s leadingof renewablefuels in Finland, energy Sweden and environmentaland Norway. We technology are an obligated producers, party under renewable energy directive and of fuels in Finland, Sweden and Norway. We are an obligated party underKaidi renewable is a frontrunner energy of directive world-class and bioenergy production and plans to build a globally unique biorefin- NEOT is a fuels procurement companySunshine owned Kaidi by St1New Nordic Energy and Group. SOK withSunshine annual Kaidi supply has ofan 8 asset billion value liters of over 7 billion euros and approxi- NEOT is a fuels procurement companySunshine owned Kaidi by St1 New Nordic Energy and Group. SOK with Sunshine annualtherefore Kaidi supply have has of invested an 8 billionasset invalue liters advanced of over biofuels 7 billion production euros and approxi-from forest industry residues and other wastes. therefore have invested in advanced biofuels production from forest eryindustry in Kemi residues by 2019 and worthother wastes. €900 million. Kaidi’s sustainable technology produces second generation of fuels in Finland,www.kaidi.fi Sweden and Norway.mately We 8,000 are anemployees. obligated party under renewable energy directive and of fuels in Finland, Sweden and Norway.mately We 8,000 are an employees. obligated party under renewableWe are looking energy to directive further investand in advanced biofuels production capacity from forest industry residues, We are looking to further invest in advanced biofuels production capacitybiofuels from by usingforest woodindustrywww.kaidi.fi based residues, biomass and forest industry residues as its main feedstock. Kaidi Finland is therefore have invested in advanced biofuels production from forest industry residues and other wastes. thereforeowned by have one invested of the in China’s advanced leading biofuels renewable production energy from and forest environmental industrythe residues next technology project and beingother producers, wastes.in the scope of 140 M€ investment and 25 direct jobs created. the next project being in the scope of 140 M€ investment and 25 direct jobs created. NEOT is a fuels procurement company owned by St1 Nordic and SOK with annual supply of 8 billion liters We are looking to further invest in advanced biofuels production capacityNEOT from isforest a fuels industry procurement residues, company owned by St1 Nordic and SOKWe Sunshinewith are annual looking Kaidi supply toNew further of Energy 8 billion invest Group. liters in advanced Sunshine biofuelsKaidi has production an asset value capacity of over from 7 billion forest euros industry and residues, approxi- www.neot.fi www.neot.fi of fuels in Finland, Sweden and Norway. We are an obligated party under renewable energy directive and the next project being in the scope of 140 M€ investment and 25 direct jobsof created.fuels in Finland, Sweden and Norway. We are an obligated party underthemately next renewable 8,000 project employees. energy being indirective the scope and of 140 M€ investment and 25 direct jobs created. www.kaidi.fi therefore have invested in advanced biofuels production from forest industry residues and other wastes. NEOT is a fuels procurement company owned by St1 Nordic and SOK with annualtherefore supply have of invested 8 billion in liters advanced www.neot.fi biofuels production from forest industryNEOT is aresidues fuels procurement and other wastes. company owned by St1 Nordic and SOK with annual supply of 8 billion liters www.neot.fi We are looking to further invest in advanced biofuels production capacity from forest industry residues, of fuels in Finland, Sweden and Norway. We are an obligated party under renewableWe are looking energy to directive further investand in advanced biofuels production capacityof fuels from in Finland, forest industry Sweden residues, and Norway. We are an obligated party under renewable energy directive and the next project being in the scope of 140 M€ investment and 25 direct jobs created. therefore have invested in advanced biofuels production from forest industrythe residuesnext project and beingother wastes.in the scope of 140 M€ investment and 25 directtherefore jobs created. have invested in advanced biofuels production from forest industry residues and other wastes. St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. www.neot.fi We are looking to further invest in advanced biofuels production capacity from forest industry residues, NEOT is a fuels procurement companyWe ownedare looking by St1 to Nordic further and invest SOK in with advanced annualwww.neot.fi biofuels supply ofproduction 8 billion liters capacity from forest industry residues, St1 has 1400 St1 and Shell branded retail stations Finland, Sweden and Norway as well as an oil refinery in St1 is a Nordic energy group whose vision is to be the leading producer andSt1 seller has 1400 of CO2-aware St1 and Shell energy. branded retail stations Finland, Sweden and Norway as well as an oil refinery in the next project being in the scope of 140 M€ investment and 25 direct jobs created. of fuels in Finland, Sweden and Norway.the next We areproject an obligated being in theparty scope underSt1 of is renewable140 a Nordic M€ investment energy energy group directive and 25whose directand vision jobs iscreated. to be the leading producer andGothenburg. seller of CO2-aware St1 also energy. operates waste to bioethanol plants in the Nordics. Based on St1’s proprietary St1 has 1400 St1 and Shell branded retail stations Finland, Sweden and NorwayGothenburg. as well as St1 an oil also refinery operates in waste to bioethanol plants in the St1 Nordics. has 1400 Based St1 on and St1’s Shell proprietary branded retail stations Finland, Sweden and Norway as well as an oil refinery in thereforewww.neot.fi have invested in advanced biofuels production from forest industry residues and other wastes. technology,www.neot.fi a first of a kind Cellunolix® unit that produces advanced ethanol from saw dust, is in operation Gothenburg. St1 also operates waste to bioethanol plants in the Nordics.technology, Based on a St1’sfirst proprietaryof a kind Cellunolix® unit that produces advanced ethanol from saw dust, is in operation We are looking to further invest in advanced biofuels production capacityGothenburg. from forest St1 alsoindustry operates residues, waste to bioethanol plants in the Nordics.in Kajaani, Based on Finland. St1’s proprietaryCompany’s turnover in 2014 came to 6,6 billion euros. technology, a first of a kind Cellunolix® unit that produces advanced ethanolin fromKajaani, saw Finland. dust, is inCompany’s operation turnover in 2014 came to 6,6 billion euros. St1 is a Nordic energy group whose vision is to be the leading producer and seller of CO2-aware energy. theSt1 nextis a Nordic project energy being groupin the scopewhose of vision 140 M€is to investment be the leading and 25 producer directtechnology, jobs and created. seller a first of CO2-aware of a kind Cellunolix®energy. unit that produceswww.st1biofuels.com advanced ethanol from saw dust, is in operation in Kajaani, Finland. Company’s turnover in 2014 camewww.st1biofuels.com to 6,6 billion euros. St1 has 1400 St1 and Shell branded retail stations Finland, Sweden andin NorwayKajaani, asFinland. well as Company’s an oil refinery turnover in in 2014 came to 6,6 billion euros. St1 has 1400 St1 and Shell branded retail stations Finland, Sweden and Norway as well as an oil refinery in www.neot.fi Gothenburg. St1 also operates waste to bioethanol plants in the Nordics. Based on St1’s proprietary www.st1biofuels.com St1 is a Nordic energy group whose vision is to be the leading producer andGothenburg. seller of CO2-aware St1 also energy. operates waste to bioethanolwww.st1biofuels.com plants in the Nordics.St1 is a Nordic Based energy on St1’s group proprietary whose vision is to be the leading producer and seller of CO2-aware energy. technology, a first of a kind Cellunolix® unit that produces advanced ethanol from saw dust, is in operation St1 has 1400 St1 and Shell branded retail stations Finland, Sweden and Norwaytechnology, as well as a firstan oil of refinery a kind Cellunolix®in unit that produces advanced ethanolSt1 has from 1400 saw St1 anddust, Shell is in brandedoperation retail stations Finland, Sweden and Norway as well as an oil refinery in in Kajaani, Finland. Company’s turnover in 2014 came to 6,6 billion euros. Gothenburg. St1 also operates waste to bioethanol plants in the Nordics.in Kajaani, Based on Finland. St1’s proprietaryCompany’s turnover in 2014 came to 6,6 billion euros.Gothenburg. St1 also operates waste UPM to bioethanol Lappeenranta plants Biorefinery in the Nordics. operates Based onsince St1’s 2015 proprietary with an annual capacity of 100 000 tonnes of UPM Lappeenranta Biorefinery operates since 2015 with an annual capacity of 100 000 tonnes of www.st1biofuels.com www.st1biofuels.com wood-based renewable diesel and renewable naphtha. The investment cost was 179 MEUR. UPM’s technology, a first of a kind Cellunolix® wood-basedunit that produces renewable advanced diesel ethanol and from renewable saw dust, naphtha. is in operation The investment St1 is a costNordic was energy 179 MEUR.group whose UPM’stechnology, vision is to abe first the ofleading a kind producerCellunolix® and unit seller that ofproduces CO2-aware advanced energy. ethanol from saw dust, is in operation UPM Lappeenranta Biorefinery operates since 2015 with an annual capacity of 100 000 tonnes of UPM Lappeenranta Biorefinery operates since 2015 with an annualrenewable capacity diesel of UPM 100 BioVerno 000 tonnes of reduces GHG emissions by up to 80% and is a drop-in fuel that can be in Kajaani, Finland. Company’s turnover renewablein 2014 came diesel to 6,6 UPM billion BioVerno euros. reduces GHG emissions by up to 80%St1 and has is1400 a drop-in St1 and fuel Shell that branded can bein retail Kajaani, stations Finland. Finland, Company’s Sweden turnover and Norway in 2014 as well came as anto 6,6oil refinery billion euros. in wood-based renewable diesel and renewable naphtha. The investment cost was 179 MEUR. UPM’s wood-based renewable diesel and renewable naphtha. The investmentused cost in wasall diesel 179 MEUR.engines. UPM’s UPM aims to grow in advanced biofuels industry. www.st1biofuels.com used in all diesel engines. UPM aims to grow in advanced biofuels industry.Gothenburg.www.st1biofuels.com St1 also operates waste to bioethanol plants in the Nordics. Based on St1’s proprietary renewable diesel UPM BioVerno reduces GHG emissions by up to 80% and is a drop-in fuel that can be renewable diesel UPM BioVerno reduces GHG emissions by up to 80% andUPM is a leadsdrop-in the fuel integration that can be of bio and forest industries into a new, sustainable and innovation-driven UPM leads the integration of bio and forest industries into a new, technology, sustainable a and first innovation-driven of a kind Cellunolix® unit that produces advanced ethanolUPM from Lappeenranta saw dust, is in Biorefineryoperation operates since 2015 with an annual capacity of 100 000 tonnes of used in all diesel engines. UPM aims to grow in advanced biofuels industry.UPM Lappeenranta Biorefinery operates since 2015 with anused annual in all diesel capacity engines. of UPM100 aims000 totonnes of grow in advanced biofuels industry.future. UPM is headquartered in Finland with operations around the world. UPM employs over 19 000 future. UPM is headquartered in Finland with operations around thein world. Kajaani, UPM Finland. employs Company’s over 19 turnover 000 in 2014 came to 6,6 billion euros. wood-based renewable diesel and renewable naphtha. The investment cost was 179 MEUR. UPM’s UPM leads the integration of bio and forest industries into a new, sustainablewood-based and innovation-driven renewable diesel and renewable naphtha. The investmentUPM leads cost the was integration 179 MEUR. of UPM’s bio and forest industries into a new, sustainablepersons and and innovation-driven has turnover close to 10 billion EUR. persons and has turnover close to 10 billion EUR.www.st1biofuels.com renewable diesel UPM BioVerno reduces GHG emissions by up to 80% and is a drop-in fuel that can be www.upmbiofuels.com UPMfuture. Lappeenranta UPM is headquartered Biorefinery in Finland operates with since operations 2015 around with thean world. annualrenewable UPM capacity employs diesel of UPMover 100 BioVerno 19 000000 tonnesof reduces GHG emissions by up to 80%future.UPM and Lappeenranta UPMis a drop-in is headquartered fuel Biorefinery that can in Finlandbe operates withwww.upmbiofuels.com sinceoperations 2015 around with the an world. annual UPM capacity employs of over 100 19 000000 tonnes of used in all diesel engines. UPM aims to grow in advanced biofuels industry. wood-basedpersons and has renewable turnover diesel close andto 10 renewable billion EUR. naphtha. The investmentused cost in wasall diesel 179 MEUR.engines. UPM’s UPM aims towww.upmbiofuels.com grow in advanced biofuels industry.personswood-based and has renewable turnover close diesel to and 10 billion renewable EUR. naphtha. The investment cost was 179 MEUR. UPM’s www.upmbiofuels.com UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven renewable diesel UPM BioVerno reduces GHG emissions by up to 80% andUPM is a leadsdrop-in the fuel integration that can be of bio and forest industries into a new, renewable sustainable diesel and innovation-drivenUPM BioVerno reduces GHG emissions by up to 80% and is a drop-in fuel that can be future. UPM is headquartered in Finland with operations around the world. UPM employs over 19 000 used in all diesel engines. UPM aims to grow in advanced biofuels industry.future. UPM is headquartered in FinlandUPM Lappeenranta with operations Biorefinery around the used operatesworld. in allUPM dieselsince employs engines. 2015 over withUPM 19 aims000 an toannual grow capacityin advanced of biofuels 100 000 industry. tonnes of persons and has turnover close to 10 billion EUR. www.upmbiofuels.com UPM leads the integration of bio and forest industries into a new, sustainablepersons and and innovation-driven has turnover close to 10wood-based billion EUR. renewable diesel andUPM renewable leads the naphtha. integration The of investment bio and forest costwww.upmbiofuels.com industrieswas 179 MEUR. into a UPM’s new, sustainable and innovation-driven future. UPM is headquartered in Finland with operations around the world. UPM employs over 19 000 renewable diesel UPM BioVerno reducesfuture. GHG UPM emissions is headquartered by up to in 80% Finland and iswith a drop-in operations fuel thataround can thebe world. UPM employs over 19 000 persons and has turnover close to 10 billion EUR. usedwww.upmbiofuels.com in all diesel engines. UPM aimspersons to grow and in advanced has turnover biofuels close industry. to 10 billion EUR. www.upmbiofuels.com UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. UPM is headquartered in Finland with operationswww.sustainablebiofuelsleaders.com around the world. UPM employs over 19 000 www.sustainablebiofuelsleaders.com persons and has turnover close to 10 billion EUR. www.sustainablebiofuelsleaders.com www.upmbiofuels.comwww.sustainablebiofuelsleaders.com follow us on Facebook follow us on Facebook follow us on Facebook www.sustainablebiofuelsleaders.com follow us on Facebook www.sustainablebiofuelsleaders.com www.sustainablebiofuelsleaders.com www.sustainablebiofuelsleaders.com follow us on Facebook follow us on Facebook