UPM acquires Ray Technology IP from Avantium

UPM has acquired the Ray Technology® intellectual property from Avantium, broadening its bio-based glycols IP portfolio. The acquisition supports UPM's scaling of bio-based chemicals production at its Leuna biorefinery in Germany.

“This acquisition is a focused step that strategically expands the scope of our IP portfolio in bio-based glycols and strengthens our freedom to operate as we scale the industrial production of renewable chemicals.”globalpapermoney.org

• 1 source
• globalpapermoney.orgUPM acquires Ray Technology® intellectual property from Avantium, broadening its bio-based glycols IP portfolio - Global Paper MoneyMay 19, 2026

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