As part of the initial phases of the project, Kinder Morgan will modify 30 existing storage tanks and piping at its Harvey, Louisiana facility to accommodate segregated storage for a variety of raw material. The project includes the installation of a new boiler for heating tanks and railcars and infrastructure improvements The project, which is supported by a long-term commercial commitment from Neste, is expected to begin operations in Q1, 2023.
(Source: Neste Corporation, Website News, 13 September 2021) Contact: Neste, Jeremy Baines, Pres., Neste U.S., +358 10 458 4128, www.neste.com;
Kinder Morgan, www.kindermorgan.com
More Low-Carbon Energy News Neste, Kinder Morgan, Renewable Fuels, Renewable Diesil, Biodiesel, SAF,
Together with previously announced acquisitions of IH Demeter, Bunge Loders Croklaan and Count Terminal in the Netherlands, and Mahoney Environmental in the United States, Agri Trading will also enhance Neste's competitiveness in the global waste and residue raw material market, according to the company.
Neste refines waste, residues and innovative raw materials into renewable fuels -- renewable diesel, sustainable aviation fuels (SAF) -- and sustainable feedstock for plastics and other materials through its proprietary NEXBTL technology.
As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, Neste is also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. In 2020, Neste's revenue stood at €11.8 billion, according to the company website. (Source: Neste Oyi, PR, Website, 7 Sept., 2021) Contact: Neste Oyi, Thorsten Lange, Exec. VP, Heidi Peltonen, Team Lead, Sustainable Partnerships, Marketing & Services, +358 10 458 4128, www.neste.com;
Agri Trading Corp, 800-328-5189, www.agritradingcorp.com
More Low-Carbon Energy News Neste, Neste Oyi, SAF, NEXBTL, Biofuel,
Neste's new digital service helps companies monitor their consumption of Neste transport fuels, the resulting greenhouse gas emissions, and emissions reductions achieved through the use of renewable diesel over a specific time period. The service uses graphs and maps to illustrate the geographic and chronological distribution of consumption and emissions, and provides benchmarking data on each company's road transport emissions in their respective sector.
A recent Neste industry survey found that the use of renewable diesel in the public sector has more than tripled from 2019 to mid-2021 when the total annual consumption of diesel is considered. At the same time, the proportion of renewable diesel from the total consumption of diesel has doubled in the manufacturing industry and increased by more than five-fold in the goods transport, according to Neste.
(Source: Neste Oyi, Website PR, 31 Aug., 2021) Contact: Neste Oyi, Thorsten Lange, Exec. VP, Heidi Peltonen, Team Lead, Sustainable Partnerships, Marketing & Services, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Transportation Emissions, Neste, Renewable Diesel,
According to Neste Pres. and CEO Peter Vanacker, "Neste's renewable products continued to be resilient and was able to maintain a healthy sales margin.
Oil products' second quarter was characterised by the scheduled Porvoo refinery major turnaround, which was safely and successfully implemented in very challenging pandemic conditions.
Marketing and services performed very well with gradually recovering sales volumes. A weaker US dollar had a negative impact of €45 million on the group's comparable operating profit year-on-year. Our ROACE over the last 12 months was 15.6 pct, and we had a leverage ratio of 7.7 pct at the end of June." (Source: Neste Oy, Website PR, 27 July, 2021) Contact: Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste Oyi,
"As a whole, the Fit for 55 package seems to provide the tools to combat the climate crisis during this decade by raising the ambition level of emission cuts across different sectors of the economy. It will support the growth of renewable fuels markets in both road and aviation segments. The Commission's proposal to establish an EU-wide obligation to supply a growing minimum share of Sustainable Aviation Fuels (SAF) as of 2025 will create a large market and progressively cut down emissions from flying. The package also supports Neste's climate commitments, including to reach carbon neutral production by 2035. Now that the EC's proposals will enter the legislative process, it will be important to further raise the level of ambition and keep the focus on emission cuts by various solutions, not only by specific technologies," notes Neste VP for Public Affairs, Ilkka Rasanen.
"Neste firmly believes that all solutions are needed in order to reduce greenhouse gas emissions across the societies. On European roads, the number of electric cars is growing at a rapid pace, which is a logical and welcome development as the power generation sector is embracing emission free technologies. However, achieving the ambitious climate targets requires both EVs and renewable transport fuels, as internal combustion engine vehicles will keep playing a key role for a long time, particularly in heavy-duty vehicles. The average age of cars in Europe is more than 10 years; this means that many new vehicles sold today will still be in use for another 15-20 years. When it comes to especially heavy-duty vehicles, internal combustion engines and renewable fuels, both biofuels and so-called e-fuels (Power-to-X), will be needed for a long time. After all, the combustion engine is not the problem when the fuel is renewable and sustainably produced. Already today, customers using the Neste MY Renewable Diesel™ made from 100 pct renewable raw materials can reduce their greenhouse gas emissions by up to 90 pct compared to fossil diesel.
"The aviation industry has already taken steps in the right direction by committing to the target of achieving carbon-neutral growth from 2020 onwards. Neste, as the world's leading producer of Sustainable Aviation Fuel (SAF), is committed to helping the aviation industry meet the proposed EU-wide obligation.
"Following its sustainable sourcing principles, Neste continues to develop the availability of emerging, lower-quality waste and residue raw materials, as well as agricultural and forest harvesting residues, algae and municipal solid waste as future raw materials. Neste is also exploring Power-to-X technologies as a new renewable fuel." (Source: Neste, PR, Website 16 July, 2021)Contact: Neste, Ilkka Rasanen, Vice President, Public Affairs, +358 50 458 5123, www.neste.com
More Low-Carbon Energy News Neste, Biofuel, Fit for 55,
As previously reported ,Neste will supply Avfuel with SAF in sufficient volumes to meet the growing demands of Avfuel's customers, including fixed base airport operators, flight departments, original equipment manufacturers and commercial operators. Avfuel will be a branded SAF distributor for Neste and will sell the fuel under the brand name Neste MY Sustainable Aviation Fuel.
(Source: Avfuel Corp., PR, 8 July, 2021) Contact: Avfuel Corp., Keith Sawyer, Manager of Alternative Fuels, 734-663-6466,ksawyer@avfuel.com, www.avfuel.com;
Million Air Burbank, Priscilla Howden, GM, 818-843-8311, www.millionair.com; Neste, www.neste.com/products/all-products/aviation
More Low-Carbon Energy News Avfuel, SAF, Neste MY,
Helsinki-headquartered Neste Oyi is the world's largest producer for renewable diesel (RD) and sustainable aviation fuel (SAF) from renewable waste and residue raw materials.
(Source: Emerson, Neste, 8 July, 2021)
Contact: Emerson, Ron Martin, 314 553 2000, www.emerson.com;
Neste Oy, Carl Nyberg, Exec. VP, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste, SAF, Renewable Diesel,
The TOP TIER standard was introduced in 2017 and has been endorsed by General Motors, Volkswagen, Detroit Diesel, Navistar, and Ford and other engine manufactureres.
Neste MY Renewable Diesel is available in the U.S. at more than 1,400 delivery points across California and Oregon as well as in Europe in Belgium, the Netherlands, Finland, Sweden, Estonia, Latvia, and Lithuania.
According to Neste, "Simply by switching to Neste MY Renewable Diesel, fleet operators can immediately transform any diesel powered vehicle or equipment to release no new GHG emissions from the tailpipe with no extra costs and no modifications to existing engines."
(Source: Neste Oy, Website PR, 6 July, 2021)
Contact: TOP TIER, www.toptiergas.com/why_top_tier; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste MY Renewable, Neste,
The work came in at approximately €630 million, of which approximately €330 million was realized in the major turnaround in 2021. In 2020, only critical refinery maintenance work was completed due to the corona pandemic.
Neste refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Neste is the world's leading producer of renewable diesel (RD) and sustainable aviation fuel (SAF) developing chemical recycling to combat the plastic waste and helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. The company aims for carbon-neutral production by 2035.
In 2020, Neste's revenue stood at €11.8 billion ($14.070 billion) with 94 pct of the company's comparable operating profit coming from renewable products, according to the company website.
(Source: Neste Corporation, Website PR, 24 June, 2021) Contact: Neste Oy, Carl Nyberg, Exec. VP, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste , Renewable Diesel, SAF, Biofuel,
As previously reported, the companies joined forces in 2019 for the world's first commercial-scale production of bio-based polypropylene and bio-based polyethylene.
LyondellBasell Industries N.V. is a multinational chemical company with U.S. operations headquarters in Houston, Texas, and offices in London, UK. The company is the largest licensor of polyethylene and polypropylene technologies, according to its website.
(Source: Neste, Zacks, Nasdaq, 21 June, 2021) Contact: LyondellBasell Industries, www.lyondellbasell.com; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, LyondellBasell, Neste RE,
BCG has committed to achieving net-zero climate impact by 2030, and supports efforts to scale up the adoption of sustainable aviation fuels to decarbonize air travel as part of its broader strategy to reduce emissions resulting from business travel. SAF is an important lever to reduce the climate impact of flying, and the use of Neste MY Sustainable Aviation Fuel offers up to 80 pct reduction in life cycle GHGs compared to conventional fossil jet fuel.
With this SAF-based solution, Neste's SAF is sold to organizations directly and delivered to their most frequently used airlines. The solution includes a third-party audit process to ensure that other customers cannot claim emission reduction on the same SAF volume. Neste's current MY SAF production capacity is approximately 34 million gpy.
(Source: Neste, PR, Website, 17 June, 2021) Contact:
Neste Corp., Sami Jauhiainen, VP Business Development, +358 10 458 4128, www.neste.com;
Boston Consulting Group, www.bcg.com
More Low-Carbon Energy News Neste, SAF,
To that end, Neste has committed to approximately 40 pct of the electricity used at its Porvoo refinery will be renewable wind power in 2025 and will increase the share of renewable electricity with Guarantees of Origin, based on existing renewable electricity generation capacity. Guarantees of Origin will help increase the share of renewable electricity to 100 pct of Neste's electricity needs by 2023.
Neste aims to reduce the indirect greenhouse gas emissions of electricity purchases at its Porvoo refinery by approximately 50,000 tpy of CO2 equivalent. With all the wind power agreements combined, Neste will reduce indirect GHG emissions of its electricity purchases at its various Finnish production sites by approximately 120,000 tpy CO2 equivalent -- roughly the annual carbon footprint of more than 19,000 average EU citizens.
(Source: Neste Oyi, PR, June, 2021) Contact: Neste Oy, Carl Nyberg, Exec. VP, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste Oyi, Renewable Energy, Carbon Neutral,
Neste's renewable diesel is produced from 100 pct renewable raw materials and helps reduce greenhouse gas (GHG) emissions by up to 90 pct when emissions over the fuel's life cycle are compared with fossil diesel. The renewable diesel is a "drop-in" fuel fully compatible with all diesel engines, not requiring any modifications to the existing vehicles or fuel distribution infrastructures, according to Neste. (Source: Neste, PR, 9 June, 2021) Contact: Neste, Carl Nyberg, Exec VP, Renewable Road Transportation, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste, ITOCHU , Renewable Diesel,
Neste MY SAF is produced 100 pct from renewable and sustainable waste and residue raw materials, such as used cooking oil and animal fat waste. Neste MY Sustainable Aviation Fuel, in its neat form and over the life cycle, reduces up to 80 pct of greenhouse gas emissions compared to fossil jet fuel use.
(Source: Neste Oy, PR, Website, 3 June, 2021) Contact: Neste Oy, Jonathan Wood, VP Europe, Renewable Aviation, Susanna Sieppi,
+358 50 458 5076, media@neste.com , www.neste.com;
Vitol , Andrea Schlaepfer, +44 (0)7525 403796, acs@vitol.com, www.vitol.com
More Low-Carbon Energy News Neste news, Avfuel news, SAF news, Aviation Biofuel news,
According to the release, Neste's 75 pct bio-based renewable gasoline can reduce GHG emission by up to 65 pct over the fuel's life cycle when compared to fossil fuels. Neste is aiming to improve this figure to eventually achieve up to 90 pct emission reduction with an up to 95 pct bio-based content fuel.
The present tests study the properties of the fuel and mix ratios to further reduce emissions before commercial tests.
(Source: Neste, PR, Website, 21 May, 2021) Contact: Neste Oy, Carl Nyberg, Exec. VP Renewable Road Transportation, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste, SAF, Biofuel,
As previously reported Neste's SAF supply capacity is currently 100,000 tpy but expected to grow to 1.5 million tpy when its expanded Singapore refinery comes on line in 2023.(Source: Jetflite, Neste, PR, 4 May., 2021) Contact: Jetflite, +358 20 510 1900 | sales@jetflite.fi
www.jetflite.fi; Neste, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, SAF,
Neste expects the project to be completed in the second half of 2023. This extends Neste's growing footprint in the Netherlands and demonstrates the shared sustainability ambitions of Neste, the Dutch government, and the Port of Rotterdam in particular. Together with the company's ongoing Singapore refinery expansion, Neste will have the capacity to produce 1.5 million tons of sustainable aviation fuel annually by the end of 2023. Currently Neste's sustainable aviation fuel annual production capacity is 100,000 tons. Neste MY Sustainable Aviation Fuel™ in neat form and over the life cycle, reduces greenhouse gas emissions up to 80 pct compared to fossil jet fuel.
Neste's revenue in 2020 stood at €11.8 billion, with 94 pct of the company's comparable operating profit coming from renewable products, according to the release. (Source: Neste, PR, Website, 29 April 2021) Contact: Neste, Thorsten Lange, Executive VP Renewable Aviation, Matti Lehmus, Executive VP Renewables Platform, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News SAF, Sustainable Aviation Fuel, Neste,
Due to the strategic location of the Selby Terminal, Neste and its partners Avfuel and Signature Flight Support are now able to supply sustainable aviation fuel to a growing number of airports across the western United States.
NuStar handles and stores a significant proportion of the total low-carbon fuels volumes utilized in California, including nearly 27 percent of renewable diesel, 18 percent of ethanol, and 6 pct of biodiesel.
In 2020, Neste established a continuous supply of sustainable aviation fuel to San Francisco International Airport (SFO) from NuStar's Selby Terminal using an existing pipeline - a first for the industry. (Source: Neste Corporate News, 13 Apr., 2021) Contact: Avfuel, Craig Sincock, CEO, 734-663-6466, www.avfuel.com; Monterey Jet Center, 831-373-0100, www.montereyjetcenter.com; Neste, Chris Cooper, VP North Am., +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, AvFuel, SAF,
The initial phases of the project are being conducted in partnership with Nestlé, which is supporting this as part of its climate journey roadmap, building robust scientific data, with partners, to effectively drive progress in carbon reduction through its supply chain.
The First4Milk sustainability programme aims to sequester 100,000 tpy of carbon in soils by 2025 and net-zero carbon emissions by 2040.
(Source: First Milk, Website PR, 30 Mar., 2021) Contact: First Milk, www.firstmilk.co.uk; Agricarbon, + 34 957422099,
+ 34 957422168,
info@agriculturadeconservacion.org, www.agricarbon.eu: Neste UK, Robin Sundaram, Responsible Sourcing Manager, www.neste.com
More Low-Carbon Energy News Soil Carbon news, Neste news, Agricarbon news,
According to the release, each truckload of SAF that Avfuel delivers to Monterey Jet Center will provide a 22 metric ton reduction in carbon emissions over the lifecycle compared to petroleum-based jet fuel. SAF is the most effective way to reduce a flight's carbon footprint and in the future could deliver up to 80 pct less greenhouse gas emissions versus traditional jet fuelif used in its neat form.
Avfuel is one of the first United States companies able to supply the fuel on a regular basis. Neste expects to produce 515 million gpy of SAF by 2023.
(Source: Avfuel, PR, 29 Mar., 2021) Contact: Avfuel, Craig Sincock, CEO, 734-663-6466, www.avfuel.com; Monterey Jet Center, 831-373-0100, www.montereyjetcenter.com
More Low-Carbon Energy News Neste, Avfuel, SAF, Aviation Biofuel,
Neste Renewable Diesel (NRD), which is produced from globally sourced wastes and residues such as waste animal fat, vegetable oil and used cooking oil, has chemical properties similar to those of fossil diesel and and reduces Greenhouse gas (GHG) emissions up to 90 pct compared to fossil diesel.
(Source: NYK Line, PR, Hellenic, 20 Mar., 2021) Contact: NYK.Line www.nyk.line; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Renewable Diesel, NYK,
Fuel producers and importers could meet the CFS by producing sufficiently low-carbon fuels or by purchasing credits generated from any business in any sector of the state's economy, including the agriculture, chemical, dairy, energy, forestry, manufacturing, mining, oil and gas, waste management and wastewater treatment industries.
Also this month, the New Mexico Clean Fuel Coalition was formed in conjunction with the CFS.
Coalition members include: Advanced Biofuels Community Fuels, BIO, the Coalition for Renewable Natural Gas, Darling Ingredients, EcoEngineers, Fulcrum Bioenergy, Gevo, Iogen Corp., LanzaTech, Novozymes, Neste, Oberon Fuels, Poet, Renewable Energy Group, and Velocys. (Source: New Mexico Legislature, PR, Mar., 2021)
Contact: New Mexico Clean Fuel Coalition,
www.lcfcoalition.com
More Low-Carbon Energy News Clean Fuel Standard,
The new Rotterdam facility will be roughly the same size as the company's €1.5 billion ($1.79 billion) refinery expansion currently under construction in Singapore. The Singapore plant produces renewable fuels from waste and residues such as used cooking oil, animal fat from food industry waste, fish processing waste and residues from vegetable oil processing. (Source: Neste, PR, 15 Mar., 2021) Contact: Neste, www.neste.com
More Low-Carbon Energy News Neste news, Biofuel news,
The Bunge facility incorporates a pre-treatment facility, tank farm, jetties and a pipeline connection to Neste's site. The transition of operations is slated for completion before the end of 2024.
The acquisition allows Neste to accelerate the scaling up of its renewable raw material pre-treatment capacity and to expand its annual nameplate production capacity from the current 3.2 to 4.5 million tons in the first quarter of 2023, of which the company's Singapore facility expansion will provide 1.3 million tons.
(Source: Neste, PR, Mar., 2021) Contact: Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com; Bunge, www.bunge.com
More Low-Carbon Energy News Neste, Bunge,
Fintoil's 200,000 tpy refinery -- the world's third largest crude tall oil (CTO) refinery -- is expected to begin commercial operations mid summer of 2022 using Neste Engineering Solutions's patented NEXPINUS technology to refine a kraft pulp byproduct to produce feedstock for renewable second-generation renewable diesel.
In addition to crude fatty acid, the distillation process separates rosin, sterol pitch, and turpentine, which are sold for further refinement. (Source: Fintoil, PR, 10 Feb., 2021) Contact: Fintoil, Timo Saarenko, +358 50 310 4425, timo.saarenko@fintoil.com,
info@fintoil.com, www.fintoil.com; Neste Engineering Solutions, www.neste.com/about-neste/who-we-are/neste-engineering-solutions
More Low-Carbon Energy News Fintoil , Tall Oil, Renewable Diesel,
Over the short term, the collaboration aims to replace several thousand tons of fossil feedstock in the production of polymers with alternative, sustainable feedstock: biobased and waste plastic based hydrocarbons.
Neste produces its biobased hydrocarbons entirely from renewable raw materials, such as waste and residue oils and fats. For the production of waste plastic derived feedstock, Neste focuses on plastics that cannot be mechanically recycled and have previously been directed to incineration and landfilling. (Source: DSM, Neste, PR,
Contact: DSM Engineering Materials, www.dsm.com/engineering-materials/en_US/home.html; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Bioplastic, Neste, DSM,
Neste will supply Avfuel with SAF in sufficient volumes to meet the growing demands of Avfuel's customers, including fixed base airport operators, flight departments, original equipment manufacturers and commercial operators. Avfuel will be a branded SAF distributor for Neste and will sell the fuel under the brand name Neste MY Sustainable Aviation Fuel.
(Source: Neste, PR, 12 Jan., 2021) Contact: Neste, www.neste.com/products/all-products/aviation;
Avfuel Corp., Keith Sawyer, Alt. Fuels Manager, (734) 663-6466, www.avfuel.com
More Low-Carbon Energy News Neste, Avfuel, SAF, Aviation Biofuel,
Alterra's patented technology transforms waste plastic into petrochemical products that can be further refined into various products and fuels.
(Source: Neste, Recycling Int'l., 5 Jan., 2021)
Contact: Alterra, Frederic Schmuck, CEO, 330-752-1111, www.alterraenergy.com; Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Renewable Diesel,
The SAF being supplied by Shell Aviation represents a full year of DHL Express's fuel requirements from Schiphol Airport, The SAF will be used in blended form and is made from sustainably sourced, renewable waste and residue raw materials. (Source: Shell Aviation, 18 Dec., 2020) Contact: Shell Aviation, www.shell.com/business-customers/aviation.html; Neste Oyi, Salla Ahonen, VP Sustainability, +358 50 458 5076, www.neste.com
More Low-Carbon Energy News Neste, Shell Aviation, SAF Aviation Fuel,
At the beginning of 2021, the Finnish government bio mandate for renewable fuels will be extended to fuel oil. The mandate is intended to promote the use of biofuel oil to replace light fuel oil in heavy equipment, stationary motors and heating to reduce greenhouse gas emissions and support Finland's and the EU's climate goals. (Source: Neste, PR, All Things Arb, 10 Dec., 2020)Contact: Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Biofuel, Biodiesel,
BELT, the Council of the Atikamekw Nation and renewable diesel and sustainable aviation fuel provider Neste have been jointly assessing the feasibility of utilizing sustainably-sourced forest-based biomass and residues for advanced sustainable biofuels production since 2017.
The BioEnergie La Tuque project would utilize 650,000 metric tpy of forest biomass and aligns with and supports Quebec's established forest product industry and commitment to sustainable forestry management and biodiversity, according to the release. (Source: Neste Corporation, Press Release, 30 Nov., 2020) Contact: Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Woody Biomass, Advanced Biofuel ,
As previously reported, Neste says the demand for fossil oil products will continue to decline, and the share of renewable energy solutions will continue to grow in the coming years. The COVID-19 pandemic has substantially accelerated the decline in demand for oil products which is not expected to recover to previous levels. Fundamental changes are therefore needed to secure the competitiveness of Neste's Oil Products business and to improve its productivity, resource efficiency and adaptiveness to market changes.
The changes are expected to result in annual fixed cost savings of approximately €50 million.
(Source: Neste, PR, 30 Nov., 2020)Contact: Neste Corp., +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Biofuel,
Neste is marketing its new solution as both renewable and recycled -- the product's renewable components can be produced from waste and residue oils and fats and sustainably-produced vegetable oils.
(Source: Neste, Website, PR, Nov., 2020) Contact: Neste, Lars Borger, VP Renewable Polymers and Chemicals , www.neste.com/products/all-products/plastics
More Low-Carbon Energy News Neste,
The refinery, which is located next to Neste's existing biorefinery, will be used for the pretreatment of renewable raw materials. (Source: Neste, PR, 3 Nov., 2020) Contact: Neste Corp., Thorsten Lange, Exec. VP, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, Iowa State U,
ANA and Neste plan to expand the collaboration to a multi-year agreement after 2023. Neste currently has a capacity of 100,000 tpy of SAF but is increasing capacity with a Singapore refinery expansion on a possible additional investment in its Rotterdam refinery. With these additions Neste's SAF production capacity will come in at 1.5 million tpy by 2023, according to the release.
Neste MY Sustainable Aviation Fuel™ is made from sustainably sourced, renewable waste and residue raw materials. The fuel is blended with fossil jet fuel and then certified to meet ASTM jet fuel specifications.
(Source: Neste Corporation, Website PR, 26 Oct., 2020) Contact: Neste Corp., Thorsten Lange, Exec. VP for Renewable Aviation, +358 10 458 4128, www.neste.com;
ANA, www.ana.co.jp/group/en
More Low-Carbon Energy News Neste Corp., SAF, Sustainable Aviation Fuel,
"It (the agreement) brings together Neste's expertise in the production and supply of renewable diesel and SAF (sustainable aviation fuel) with Shell Aviation's world-class credentials in supplying and managing fuel around the world," the company said in a statement.
The Finnish company, which has invested heavily in renewables, said the cooperation is in anticipation of increasing demand from airlines to reduce emissions. (Source: Neste, PR, 23 Sept., 2020) Contact: Neste Oyi, Salla Ahonen, VP Sustainability, +358 50 458 5076, , www.neste.com
More Low-Carbon Energy News Neste, Shell, SAF, Sustainable Aviation Fuel, Aviation Biofuel,
"We need front-runners to lead the way in sustainable aviation. The ambitious target now set by the Swedish government is an example others should follow in order to support the aviation industry in meeting its emission reduction targets. It also creates the necessary certainty for sustainable aviation fuel producers to invest in increasing the production", says Neste VP for Renewable Aviation Europe, Jonathan Wood.
Earlier this year, Norway introduced a 0.5 pct biofuel blending mandate. There will be enough capacity on the market to supply the anticipated volumes of sustainable aviation fuel to Sweden and Norway. Neste is already producing commercial scale volumes of Neste MY Sustainable Aviation Fuel™, refined from renewable waste and residue raw materials. In its neat form and over the lifecycle, the fuel can reduce up to 80 pct of greenhouse gas emissions compared to fossil jet fuel, according to Neste.
Neste's sustainable aviation fuel capacity is currently 100,000 tpy. With Neste's Singapore refinery expansion on the way and possible additional investment in the Neste Rotterdam refinery, Neste will have the capacity to produce some 1.5 million tpy of sustainable aviation fuel by 2023.
The global aviation industry has set ambitious targets to mitigate greenhouse gas emissions from air transport, including carbon-neutral growth from 2020 and beyond, and a 50 pct reduction of net aviation carbon emissions by 2050. Aviation needs multiple solutions for reducing greenhouse gas emissions. Currently, sustainable aviation fuels offer the only viable alternative to fossil fuels for powering aircrafts, according to the Neste release. (Source: Neste Corporation, Press Release, Website PR, 17 September 2020)
Contact: Neste, +358 50 458 5076, media@neste.com, www.neste.com
More Low-Carbon Energy News Neste Oyi, SAF, Aviation Biofuel,
According to the release, Neste says the demand for fossil oil products will continue to decline, and the share of renewable energy solutions will continue to grow in the coming years. The COVID-19 pandemic has substantially accelerated the decline in demand for oil products which is not expected to recover to previous levels. Fundamental changes are therefore needed to secure the competitiveness of Neste's Oil Products business and to improve its productivity, resource efficiency and adaptiveness to market changes.
The planned changes are expected to result in annual fixed cost savings of approximately €50 million, the release notes. (Source: Neste, PR, 14 Sept., 2020) Contact: Neste Oyi, Salla Ahonen, VP Sustainability, +358 50 458 5076, media@neste.com, www.neste.com
More Low-Carbon Energy News Neste, Biofuel,
Under the offering, customers can choose a $0 Google Nest Thermostat E or a discounted Google Nest Learning Thermostat -- which retails on Amazon in the $320 range -- for $49 after applicable rebates, when they shop on the South Jersey Gas Marketplace.
Independent studies show that Google Nest thermostats saved people an average of 10 pct to 12 pct on heating and 15 pct on cooling costs for an estimated average savings of $131 to $145 per year, according to the South Jersey Gas release.
(Source: South Jersey Gas, PR, Beachcomber, Sept., 2020) Contact: South Jersey Gas, Deborah Franco, VP Clean Energy & Sustainability, www.southjerseygas.com; Uplight, www.uplight.com; Neste Thermostat, www.neste.com
More Low-Carbon Energy News South Jersey Gas , Thermostat, Energy Efficiency,
The report notes the global lignocellulosic feedstock-based biofuel market is poised to grow by $7.83 billion during 2020-2024, progressing at a CAGR of 32 pct during the forecast period.
The report identifies the top manufacturers/players including:
Abengoa SA, China Petroleum & Chemical Corp., Clariant International Ltd., DuPont de Nemours Inc., Fiberight LLC, Gevo Inc., GranBio Investimentos SA, Iogen Corp, Neste Oyj, and New Energy Blue LLC. (Source: 360 Market Updates, 26 Aug., 2020) Contact: 360 Market Updates, www.360marketupdates.com
More Low-Carbon Energy News Bioethanol, Ethanol, Lignocellulosic, Biofuel,
Phillips66 plans to use fats and greases, along with used cooking oil and soybean oil, at its San Francisco Refinery in Rodeo to produce 19 million bpy of renewable diesel, gasoline, and aviation fuel starting in 2024. A refinery conversion in Bakersfield will use camelina sativa, an oilseed crop grown in rotation with wheat. Global Clean Energy bought the facility in May. It plans to make renewable diesel starting in 2022 and has a deal to sell 2.5 million bbl per year of the fuel to ExxonMobil.
Marathon says it may convert its idled refinery in Martinez to renewable diesel, though it has not given an estimate of the plant's expected capacity or when it will come on-line.
Neste, Valero, and REG are also supplying renewable diesel to California where fuel companies are required to purchase enough certified low carbon fuel to reduce the carbon intensity of the state's pool of transportation fuel 20 pct from 2011 to 2030.
(Source: Phillips 66, Chemical & Engineering News, 18 Aug., 2020)Contact: Phillips 66, Brian Mandell, VP Marketing, Joe Gannon, 832-765-4547, joe.gannon@p66.com, www.p66.com
More Low-Carbon Energy News Renewable Diesel, Phillips 66, ExxonMobil, ,
As previously reported, JetBlue committed to off-setting global warming by investing in sustainable aviation fuels (SAFs) from Neste, better advancements in engineering and partnerships with CarbonFund.org Foundation, South Pole and EcoAct to help offset carbon dioxide emissions. To date, the airline has offset 2.6 billion pounds of carbon dioxide with CarbonFund.org and hopes to offset 15-17 billion pounds each year -- equivalent to removing 1.5 million cars from the road.
JetBlue will also partner with various renewable resource companies and foundations that specialize in solar and wind energy, forestry conservation and Landfill Gas Capture projects. (Source: JetBlue, PR, Travel Pulse, 13 Aug., 2020) Contact: JetBlue, David Barger, President, CEO, (718) 286-7900, www.jetblue.com; ; Neste, +358 10 458 4128, www.neste.com; CarbonFund, www.carbonfund.org
More Low-Carbon Energy News JetBlue, Carbon Emissions, Carbon Neutral, CarbonFund ,
The SAF initiative follows the airports "triple zero" goal to attain zero net carbon, as well as zero net energy and zero landfill waste. (Source: SF Airport, Airport Technology, July, 2020) Contact: Neste US, Jeremy Baines, Pres, +358 10 458 4128, www.neste.com
More Low-Carbon Energy News Neste, SAF, Aviation Biofuel,
"The used cooking oil from McDonald's is an excellent raw material for our Neste MY Renewable Diesel. The fuel is a renewable low-emission alternative to fossil diesel and requires no modifications to existing diesel-powered engines," according to Neste VP Carl Nyberg. (Source: McDonald.s Netherlands, Energy Live, Various Media, 25 June, 2020) Contact; Neste, www.neste.com
More Low-Carbon Energy News Biodiesel, Neste, Biofuel, Cooking Oil,
Neste's technolgy will be incorporated into Fintoil's previously announced 200,000 tpy biorefinery in Hamina, Finland. The plant is expected to come online late in 2022. (Source:
Neste Engineering Solutions, May, 2020)
Contact: Neste, www.neste.com; Fintoil Oy, Jukka Ravaska, CEO, +358 50 310 4437, jukka.ravaska@fintoil.com,
www.fintoil.com
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Alongside used cooking oil collection and recycling, Mahoney also provides cooking oil equipment installation and design, fresh oil delivery and grease trap cleaning. (Source: Neste, PR, Renewable Energy 4 May, 2020) Contact: Neste US, Jeremy Baines, Pres, +358 10 458 4128, www.neste.com; Mahoney Environmental, 800-892-9392, www.mahoneyes.com
More Low-Carbon Energy News Neste, Mahoney Environmental, Biodiesel,
The BioFlex project, which is being coordinated by VTT,
has a budget of €1.6 million and is co-financed by Business Finland and VTT. Participating companys include Auramarine, Fortum, Neste, Pohjanmaan Hyotyjatekuljetus, Polartek, St1, Valmet and Wartsila. (Source: VTT, PortNews, 7 April, 2020)
Contact: Finland Bioflex Project, RISE Research Institutes of Sweden,
Susanne Paulrud, Project Coordinator, +46 10 516 50 00,
www.bioflex-eranet.eu/about-the-project, www.ri.se; VTT Technical Research Centre, Nils-Olof Nylund, +358 400 703 715, nils.olof.nylund@vtt.fi, www.vttresearch.com; Neste, +358 10 458 4128, www.neste.com; Valmet, +358 4 0 505 2001, www.valmet.com; Wartsila Energy, +33 6 7889 2182, www.wartsila.com
More Low-Carbon Energy News VTT, Neste, Valmet, Wartsila,
Neste operates renewable diesel refineries in Singapore, Rotterdam in the Netherlands, and Porvoo in Finland where it produces Neste MY Renewable Diesel and sustainable aviation fuel (SAF).
(Source: Neste Corp, 11 Mar.,2020) Contact: Neste US, Jeremy Baines, Pres, +358 10 458 4128, www.neste.com; Mahoney Environmental, 800-892-9392,
www.mahoneyes.com
More Low-Carbon Energy News Biodiesel, Neste, Biofuel, Cooking Oil,
Neste is working on rolling out the detailed plan and timeline for implementing the initiatives aimed at carbon neutral production by 2035.
(Source: Neste Oyi, PR, Mar., 2020) Contact: Neste Oyi, Salla Ahonen, VP Sustainability, +358 50 458 5076, media@neste.com, www.neste.com
More Low-Carbon Energy News Neste, Carbon Neutral, Carbon Emissions,