UPM Biofuels joins Roundtable on Sustainable Biomaterials

Press Release 7.12.2016 13:00 EET

(UPM, Helsinki, 7 December 2016 at 13:00 EET) - UPM has become member of RSB, the Roundtable on Sustainable Biomaterials. RSB is a global standard and certification scheme for sustainable production of biomaterials and biofuels. It is also an independent multi-stakeholder coalition, which works to support the sustainability of biomaterials.

RSB is considered one of the strongest sustainability schemes, verifying that biomaterials are ethical, sustainable, and credibly sourced. It is also one of the EU approved voluntary schemes for biofuels to show compliance with sustainability requirements set for the production of biofuels in the EU's Renewable Energy Directive. UPM sees great potential in RSB and is keen to be part of the future development of the scheme.

"RSB Membership is a step forward for UPM Biofuels to further engage sustainability. We are committed to strengthening our performance in sustainability and promoting standards that provide tools and methods to bring it into action," says Sari Mannonen, Head of UPM Biofuels.

RSB membership is a natural next step for UPM's previous work with the certification scheme.  Together with WWF Finland, UPM has conducted a feasibility study on RSB certification for UPM's biofuel production. It concluded that RSB is a feasible certification system for UPM BioVerno which is based on the use of our own industry's residue, crude tall oil.

UPM Biofuels is also a member of ISCC (International Sustainability & Carbon Certification), another strong sustainability scheme for biomaterials and biofuels.

Innovative biofuels from Finland

UPM's renewable diesel, known as UPM BioVerno, is an innovation that reduces fuel's life cycle greenhouse gas emissions by up to 80% and tailpipe emissions significantly when compared with fossil fuels. This high quality biofuel is produced from a residue of the pulp industry, crude tall oil. UPM BioVerno is an ideal fuel for all diesel-powered vehicles.

UPM started production of wood-based renewable diesel in the UPM Lappeenranta Biorefinery in January 2015. The production capacity of the biorefinery is 120 million litres of renewable diesel annually. All products of the biorefinery are certified under the ISCC or Finnish national sustainability scheme. UPM BioVerno has also been granted a Finnish Key Flag Symbol which can be granted to products that are manufactured in Finland and have a domestic origin degree of over 50%.

For further information please contact:
Sari Mannonen, Vice President, UPM Biofuels, tel. +358 45 265 1345

UPM, Media Relations
Mon-Fri 9:00-16:00 EET
tel. +358 40 588 3284

UPM Biofuels
UPM plans to become a major player in high quality, advanced biofuels for transport. Biofuels are an essential part of the Biofore strategy. The innovative wood-based biofuels developed by the company and their production technologies are part of a sustainable future. UPM's biofuels are frontrunners in quality, usability and sustainability. They will significantly decrease greenhouse gas emissions compared to fossil fuels. www.upmbiofuels.com

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Through the renewing of the bio and forest industries, UPM is building a sustainable future across six business areas: UPM Biorefining, UPM Energy, UPM Raflatac, UPM Specialty Papers, UPM Paper ENA and UPM Plywood. Our products are made of renewable raw materials and are recyclable. We serve our customers worldwide. The group employs around 19,600 people and its annual sales are approximately EUR 10 billion. UPM shares are listed on NASDAQ OMX Helsinki. UPM - The Biofore Company - www.upm.com

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