INEOS and UPM Biofuels announce supply agreement for renewable raw materials to make plastic
(UPM, Helsinki, 11 February 2020 at 15:30 EET) – INEOS and UPM Biofuels have today announced a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins.These new sustainable materials will be used in a wide range of products from plastic food packaging to medical and pipes. Applications also include BIOVYN[TM], the world’s first commercially available bio-