Blue Biofuels Inc (BIOF)

[nobirdsallowed]

From Finland comes the largest single corporate investment we've seen in years - UPM is taking it's "next transformative growth step" and is investing in a biorefinery at Leuna, Germany to convert solid wood into next generation biochemicals: bio-monoethylene glycol, lignin-based renewable functional fillers, bio-monopropylene glycol and industrial sugars.

UPM will invest €550 million ($611 million) in the industrial scale biorefinery The total annual capacity of the biorefinery will be 220,000 tonnes. The facility is scheduled to start up by the end of 2022.

The UPM biochemical backstory, the applications, the shift to Leuna, UPM's BioFore strategy and progress in biorefining, a little backgrounder in supercritical and much more, ready