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Finnish forestry group UPM goes ahead with biorefinery plans

Jan 28 (Reuters) - Finnish forestry group UPM said on Thursday it has decided to start the basic engineering phase of a biorefinery which would have an annual capacity of 500,000 tonnes of high-quality renewable fuels including sustainable jet fuel.

UPM said its solid wood biomass-based residues and side streams would play a substantial role in the feedstock pool. (Reporting by Tarmo Virki in Tallinn; Editing by Jacqueline Wong)

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