International Paper announced Carol L. Roberts, Senior Vice President and Chief Financial Officer, and William Hoel, Senior Vice President, Container The Americas, will retire on March 31, 2017. "For more than 30 years, Carol and Bill have been key contributors to our success; they have been integral in leading our transformation to a more successful and sustainable company," said Mark S. Sutton, Chairman and CEO. "We will continue to benefit from the people and organizations they developed and we wish them all the best in retirement." click Read More below for additional detail
As part of ZELLCHEMING-Expo 2015 UPM showcases the Biofore Concept Car – a truly sustainable innovation. The Biofore Concept Car is on display from 30 June until 2 July 2015 at Messe Frankfurt.
“Forests are no longer just a source of timber, paper and pulp. When we look at the forest we see so much more. We see new biomaterials, biofuels and an endless source for truly sustainable innovations,” says Bernd Eikens, Executive Vice President, UPM Paper ENA.
The Biofore Concept Car demonstrates the use of UPM’s innovative bio-based materials in the automotive industry. The majority of components in the Biofore Concept Car that are traditionally made of plastic are replaced by renewable UPM Formi biocomposite and thermoformable UPM Grada wood material. This leads to a significant improvement of the overall environmental performance of car manufacturing. The Biofore Concept Car was designed and manufactured by students from the Helsinki Metropolia University of Applied Sciences.
If a component is manufactured from biocomposite instead of plastic, the carbon footprint can decrease by 60%. Thanks to the lightweight and durable materials, the car weighs 150 kg less than vehicles of a comparable size, which also means reduced fuel consumption.
The car is fuelled by wood-based renewable UPM BioVerno diesel, which significantly reduces greenhouse gas emissions compared to fossil fuels. UPM BioVerno is suitable for all diesel engines, including the 1.2 litre low-emission diesel engine featured in the Biofore Concept Car.