UPM named most innovative company at ethical awards
29 June 2012Finnish forest products company UPM has been named “most innovative company” at the 2012 Ethical Corporation Awards for a string of innovations including creating the world’s first biodiesel from wood raw material.
UPM, which received its award at the London awards ceremony, has diversified its product base from solid wood, plywood and paper and launched new innovations, including a composite material made from pulp fibres and plastic polymers - ForMi which can be used in injection moulding to form products such as furniture.
It also has a cellulose fibre/plastic decking product called ProFi.
"Our focus on producing more with less is a clear example of how UPM as a forest industry company is now creating tangible results with bio composites, biofuels and the use of non-fossil fuel energy," said Hartmut Wurster, UPM executive vice-president technology.
