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UPM Biochemicals Acquires SunCoal Industries

UPM Biochemicals acquires SunCoal Industries - World Bio Market Insights

UPM has acquired SunCoal Industries GmbH, a German-based company that developed a unique technology portfolio to produce performance products from renewable raw materials. With this acquisition SunCoal Industries’ technology will be integrated into the production of UPM’s BioMotionTMRenewable Functional Fillers (RFF), one of the products to be produced at UPM Biochemical’s first-of-its kind biorefinery in Leuna and strengthen the overall technology portfolio of UPM’s biorefining businesses. 

UPM Biochemicals acquires SunCoal Industries

UPM Biochemicals has acquired SunCoal Industries, a buy that will bolster UPM's renewables offerings thanks to SunCoal's biochemical technology.

Petri Hakanen appointed CTO for UPM

Petri Hakanen has been appointed Senior Vice President Technology (CTO) for UPM as of 1 August 2023. In his new role, Petri will report to Winfried Schaur, Executive Vice President, UPM Biorefining & Technology and lead the company’s research & development, new business development as well as the investment management going forward.

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