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UPM Signs Joint Development Agreement with Renmatix in Biochemicals

trategic collaboration to convert lignocellulosic feedstocks into cost competitive sugars HELSINKI, June 11, 2013 /PRNewswire/ — UPM (OMX: UPM1V) and Renmatix, Inc. , have entered into a non-exclusive joint development agreement (JDA) in the area of biochemicals. Under terms of the JDA both companies will further develop Renmatix’s water-based Plantrose™ process to convert woody biomass into low-cost sugar intermediates for subsequent downstream processing into biochemicals. Offering cost-competitive bio-alternatives for select petrochemicals on an industrial scale is the long term goal of this initiative. “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, as 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 of UPM. UPM leads the integration of bio and forest industries into a new, sustainable and innovation-driven future. Our products are made of renewable raw materials and are recyclable. UPM consists of three Business Groups: Energy and pulp, Paper, and Engineered materials. The Group employs around 22,000 people. UPM is present in 67 countries and has production units in 17 countries. UPM’s annual sales exceed EUR 10 billion. UPM’s shares are listed on the Helsinki stock exchange. UPM – The Biofore Company – www.upm.com 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. Renmatix is the leading manufacturer of cellulosic sugar, an enabling feedstock for petroleum alternatives used in the global biochemical and biofuels markets. The company’s proprietary Plantrose™ process challenges conventional sugar economics by cheaply converting cellulosic biomass – from wood waste to agricultural residue – into useful, cost-effective sugars. Renmatix’s supercritical hydrolysis technology deconstructs non-food biomass an order of magnitude faster than other processes and enhances its cost advantage by using no significant consumables. Renmatix is privately held, with operations in Georgia (USA) currently capable of converting three dry tons of cellulosic biomass to Plantro® sugar per day, and a world-class technical center in Pennsylvania (USA). www.renmatix.com For further information, please contact: Michael Duetsch, Director, Biochemicals, UPM, +49.821.310.9130 (German, English) Juuso Konttinen, Vice President, New Businesses & Development, UPM, +358.40.531.7405 (Finnish, English) Duncan Cross, Director, Marketing, Renmatix, +484.751.4000 (English, French) Tim Brown, Vice President, Corporate Strategy, Renmatix, businessdevelopment@renmatix.com UPM, Corporate Communications Media Desk, +358.40.588.3284 media@upm.com www.twitter.com/UPM_News Renmatix, Media Inquiries Katie Struble, +415.977.1928 renmatix@antennagroup.com www.twitter.com/renmatix SOURCE Renmatix RELATED LINKS http://www.renmatix.com Continue reading

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Doosan Secures Major Boiler And Turbine Project For France’s Largest Biomass Power Plant

29 May 2013 Doosan Power Systems said it has been awarded a major biomass conversion and turbine upgrade project for E.ON’s coal-fired Provence power plant in Gardanne – Meyreuil, France. The project will help to create France’s largest biomass-fired power plant to date as part of the E.ON Group ’s “cleaner, higher performance energy” strategy, said Doosan. The new biomass unit, generating electricity from the combustion of wood – including forest chips, green residues and recovered wood – will be converted from the existing coal-fired Provence 4 unit, said the company. Doosan hopes it will provide 150MW of power with base production of more than 7500 hours per year until 2034, which corresponds to the annual electrical consumption (except for heating) of 440,000 households, reducing the CO2 balance by 600,000 tons per year. It will also extend the life of the Provence power plant for a further 20 years while helping structure and develop the region’s wood-energy industry. Work will begin this summer with the first firing in the autumn of 2014 and startup of operations in early 2015, said the company. Doosan Power Systems will be responsible for converting the existing Provence facility to biomass, in particular by converting the 20-year-old coal-fired CFB (circulating fluidised bed) boiler and renovating the steam turbine. The project will be led by the Germany-based CFB specialist, Doosan Lentjes who supplied the original CFB technology and key components for the plant in 1992. At the same time, the company’s turbine specialist, Doosan Škoda Power, will replace the inner steam path of the existing steam turbine to match the new output and enhance plant efficiency. Life-time extension works will be undertaken by Doosan Babcock on the remaining equipment so that the plant is well placed to deliver reliable performance for a further 20 years, said Doosan. The assembly of the new equipment will be subcontracted locally to ADF, a French group located in the Fos-Berre basin that specialises in the maintenance of power generation sites. The project will have a significant economic impact on the region, said the company, employing an average of 200 people over 18 months, and up to 350 in peak periods, a large number with local industrial players like ADF. Biomass plants produce electricity through the combustion of various organic materials (green wastes, chips, recovered wood). The new Provence 4 biomass unit will consume some 850,000 tonnes of biomass per year. Doosan said it plans that within ten years after the commissioning of the new unit, all the biomass will be sourced locally. Continue reading

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