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UPM
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Forestry company consiting of 6 business units

Founded in 1996
Founded in

Company type Public Public ()
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TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

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Headquarters Finland Helsinki, Finland
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Updated by Cleantech Group on 07/23/2021

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Date Company
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Date Partner Type
10/31/2023
Dongsung Chemical Dongsung Chemical
UPM selects Dongsung Chemical as sole Korean distributor of its new bio-based MEG
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Confirmed by Dongsung Chemical
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IPO INFORMATION

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Description

Date Investors Type Amount
12/16/2012 European Commission European Commission (1)
Post-money valuation of
The European Commission has awarded UPM a grant of EUR 170 million for solid wood-based biorefinery (BTL) project in Strasbourg, France.
Project Finance $211,530,000
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