10:48 AM EDT, 10/15/2026 (MT Newswires) -- Finnish forest products maker UPM-Kymmene (UPM.HE) inaugurated a new biorefinery in the German town of Leuna, a facility representing a total investment of 1.37 billion euros. The biorefinery, which is the largest of its kind globally, converts lignocellulosic biomass, mainly wood from sustainably managed forests and sawmill residues, into biochemicals, according to a Thursday release. It has an annual capacity of 220,000 tonnes.

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