UPM joins clean hydrogen coalitions in the EU and Finland to promote the emerging hydrogen economy
UPM has recently joined the EU’s Clean Hydrogen Alliance and become member of the Roundtable on Clean Hydrogen for industrial users. UPM has also joined the newly established Finnish Hydrogen Cluster. UPM is well-positioned for the hydrogen economy and wants to be proactive in the developments that reduce greenhouse gas emissions. Clean hydrogen is emerging as one of the key enablers for the European Union goal to reach carbon neutrality by 2050. “Clean hydrogen provides several interesting opportunities for UPM. We have an in-house access to renewable and CO2-free electricity, water resources, biogenic CO2 and hands-on experience with hydrogen in our advanced biofuels production in Lappeenranta. Our specific knowhow and resources will enable UPM to develop possible new business opportunities in the emerging hydrogen economy”, states Jyrki Ovaska, Executive Vice President, UPM Technology. Ovaska represents UPM in the EU’s Roundtable on Clean Hydrogen for industrial users.