AGP Executive Report
Last update: 9 hours agoUPM Deal: Finnish pulp-to-chemicals group UPM has agreed with Avantium to acquire IP tied to Ray Technology for making bio-based MEG/MPG from plant sugars, aiming to strengthen its biobased chemicals options as it scales production at its Leuna biorefinery in Germany. Work Absence Cost: A new Finnish study estimates sickness-related absences cost the economy about €5bn a year in lost productivity, with 25m working days missed in 2023 and healthcare waiting times adding pressure. Energy Prices: Statistics Finland reports higher Q1 2026 prices for petrol, diesel, light fuel oil and electricity versus a year earlier, while some energy-production inputs like forest chippings and milled peat were cheaper. Education Policy: Finland proposes a reform to basic education in the arts, including one national syllabus (50 credits/800 teaching hours) and updated rules for admissions and municipal funding. Battery Debate: A Finnish startup, Donut Lab, is facing “fraud” accusations over its lithium-free solid-state battery claims, with critics pointing to lab test footage while the company’s supporters argue the allegations lack direct testing of actual samples.
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