“We are very excited about this truly collaborative endeavor. It combines UPM’s core competencies in sustainable sourcing and efficient industrial processing of wood, with Renmatix’s unique conversion technology”, noted Michael Duetsch, Director of Biochemicals, at UPM. “Access to second generation, lignocellulosic, sugars through a process that uses almost no consumables is a crucial factor in Plantrose technology’s attractiveness.”
The Plantrose process employs water at very high temperatures and pressures to breakdown biomass through supercritical hydrolysis. Under such conditions water can act as both a powerful solvent and catalyst, creating rapid reactions.
“We believe this pioneering approach leads to real cost advantages over conventional methods. Our growing relationship with UPM gives Renmatix an opportunity to support them expanding the Biofore story”, commented Mike Hamilton, CEO of Renmatix. “Renmatix, a U.S. based technology provider, takes great pride in working with global companies across the emerging bio-value chains. It reinforces the demand that exists for licensing Plantrose technology as the bridge between sustainable sources of upstream biomass, and downstream manufacturing of biochemicals and fuels.”
“The joint development agreement with Renmatix is another milestone in the implementation of our biochemicals strategy and UPM’s Biofore vision. The co-operation further strengthens our position as the frontrunner in the innovation-driven integration of bio and forest industries”, adds Juuso Konttinen, Vice President, New Businesses & Development, UPM.
UPM New Businesses and Development (NBD) is an important part of UPM's renewal and Biofore strategy. The objective of NBD is to provide added value to renewable wood raw material by developing ideas into new products and businesses. The key projects are biocomposites, biofibrils and biochemicals.