
INEOS, the global manufacturer of petrochemicals, speciality chemicals and oil products headquartered in UK, and UPM Biofuels signed a long-term agreement to supply a renewable raw material for new and innovative bio-attributed polymers to be produced at INEOS Köln, Germany. INEOS will use UPM BioVerno, a sustainable raw material from a renewable residue of wood pulp processing, to produce bio-attributed polyolefins.