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COVINGTON, US/HELSINKI, FINLAND: Ashland Inc and UPM have entered into a cooperative agreement to develop and commercialize products containing UPM’s Biofibrils technology. UPM and Ashland will jointly study the use of biofibrils in a wide range of industrial application opportunities.
The collaboration marks a milestone for two companies with extensive expertise in cellulose technology. UPM has pursued research and development of biofibrils technology for several years and has a large portfolio of patent applications and production experience. Ashland has its own research and patents in microfibrillar cellulose technology.
“Our collaborative relationship with UPM provides an excellent opportunity to combine the UPM Biofibrils technology with Ashland’s application expertise in order to bring new products and functionalities to our customers. When we combine our strengths and know-how with experts offering new technologies that complement our product lines, we can deliver value-added performance to our customers,” said May Shana'a, Vice President, Technology and Growth Strategy, Ashland Specialty Ingredients.
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