UPM acquires Ray Technology intellectual property from Avantium, broadening its bio-based glycols IP portfolio
In Finland, UPM announces that it has reached an agreement with Avantium N.V. to acquire the intellectual property related to Avantium’s Ray Technology, a process for the production of bio-based mono-ethylene glycol (MEG) and mono-propylene glycol (MPG) from plant-based sugars. The Finnish firm said the transaction comprises Avantium’s patent portfolio and invention disclosures related to […]











