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Ashland, UPM to collaborate on R&D of UPM Biofibrils technology

Ashland and UPM announced they have entered into a cooperative agreement to develop and commercialize products containing UPM's Biofibrils technology. UPM has pursued research and development of biofibrils technology for several years and has a large portfolio of patent applications and production experience. Ashland has its own research and patents in microfibrillar cellulose technology.