Lignin Bio-oil Market - Top Companies and Manufacturers

In the News

• UPM-Kymmene Corporation invests in a biorefinery in Leuna, Germany, as the next transformational growth step and enters the biochemicals industry. A variety of biochemicals made entirely from wood will be produced by the biorefinery, enabling a shift from fossil raw materials to sustainable substitutes in a variety of consumer-driven end uses. The investment gives UPM access to entirely new markets with significant future growth possibilities.
   
• The new lignin factory owned by LignoTech Florida in Fernandina Beach was formally inaugurated on June 26. A manufacturing capacity of 100,000 metric tons of dry lignin is represented by the 110 million USD investment. The capacity can eventually be increased by 50,000 tons in a second phase that is planned. The factory has been in test operation for a while and is now manufacturing lignin that can be sold.