Panu Routasalo, vice president, UPM Biofuels, outlines his vision as to what the next 12 months will be like for the biofuels industry.
He said: “This year is an important milestone for companies - like UPM Biofuels - involved in the advanced biofuels industry.
“After a long wait, a dedicated and compulsory mandate for advanced biofuels based on EU-wide rules is now a reality and transposed into national legislation.
“A specific mandate for lignocellulose and waste and residue based advanced biofuels was our vision 10 years ago when UPM in February 2012 made the investment decision to build our first biorefinery in Lappeenranta, Finland. We believe the mandate will further boost investments in advanced biofuels.
“Looking back at the last 10 years our operating environment has changed tremendously. Let me consider some of those changes: complexity, growth, and the new kid on the block.
Policy and complexity and political complexity
He added: “The policy drivers for biofuel policy have changed in the past decade. Today climate change mitigation is at the core of all industrial policies. We...
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