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Neste, Avfuel Partnering on Supplying SAF (Ind. Report)
Neste, SAF, Avfuel
Date: 2021-01-15
Espoo, Finland-headquartered renewable diesel specialist Neste and Avfuel Corp. have announces a strategic partnership to create an efficient, continuous supply of sustainable aviation fuel (SAF) in the U.S.

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,  


Neste Takes Stake in US Chemical Recycling Specialist (M&A, Int'l.)
Neste,Alterra Energy
Date: 2021-01-06
Espoo, Finland-headquartered renewable diesel specialist Neste is reporting acquisition of a minority stake in Akron, Ohio-headquartered chemical recycling specialist Alterra Energy . Neste says the partnership will help Alterra Energy commercialize its proprietary technology in Europe.

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,  


DHL Express to Fly on Shell Supplied SAF (Int'l. Report)
Shell Aviation
Date: 2020-12-18
Shell Aviation reports an agreement to supply sustainable aviation fuel (SAF) to DHL Express at Schiphol Airport in the Netherlands. DHL Express be the first customer to be supplied under Shell and Neste's SAF supply agreement, announced in September 2020.

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,  


Neste Launching MY Non Road (Renewable) Diesel™ (Int'l. Report)
Neste Corp
Date: 2020-12-11
Espoo, Finland-headquartered renewable diesel specialist Neste reports that the beginning of January 2021, will mark the launch of its Neste MY Non Road Diesel™ fuel oil produced from 100 pct renewable raw materials. Neste MY Non Road Diesel is comparable to Neste MY Renewable Diesel™ used in road transport, in terms of the 100 pct raw material base and emissions reduction.

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,  


Quebec Supports Woody Biomass-to-Fuel Project (Ind. Report)
Neste
Date: 2020-12-02
The Government of Quebec has announced $5.943 million ($4.55 million US) in funding to a non-profit organization Bioenergie La Tuque (BELT) to develop and demonstrate the potential of producing advanced biofuels from locally-sourced forestry waste, woody biomass in La Tuque, Quebec, Canada. The funding will be used to continue project development and plant design, and the potential of building a renewable fuels plant in the area.

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 ,  


Neste Shuttering Finland Oil Refinery (Int'l. Report)
Neste Corp
Date: 2020-11-30
Following up on our 16th Sept. coverage, Espoo, Finland-headquartered renewable diesel specialist Neste Corp. reports it will shut down its refinery in Naantali, Finland due to declining demand for fossil oil products.

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 Announces New Bio-based Feedstock (Int'l. Report)
Neste Oyi
Date: 2020-11-27
Espoo, Finland-headquartered renewable diesel specialist Neste Corp is touting Neste RE, a new recycled, bio-based feedstock compatible with existing polymer and chemical production infrastructures and usable in a wide range of plastics applications.

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,  


Neste Snares Netherlands Refinery for €258Mn (M&A, Int'l Report)
Neste
Date: 2020-11-04
Espoo, Finland-headquartered renewable diesel specialist Neste Corp. reporting it will purchase the Rotterdam-based Bunge Loders Croklaan refinery for €258 million, subject to regulatory approvals.

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,  


Neste Inks First Asian SAF Supply Agreement (Int'l. Report)
Neste Corp
Date: 2020-10-28
Espoo, Finland-headquartered renewable diesel specialist Neste Corp. is reporting a sustainable aviation fuel (SAF) supply agreement with All Nippon Airways (ANA), Japan's largest airline, that will see ANA become the first airline to use SAF on international flights from both Haneda International airport and Narita International Airports. It and also Neste's first SAF supply agrement with an Asian airline.

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,  


Neste, Shell Upping Sustainable Aviation Fuel Supply (Ind. Report)
Neste,Shell
Date: 2020-09-25
Helsinki-headquartered biofuel producer and oil refiner Neste is reporting an agreement with Shell Aviation to significantly increase the supply and availability of sustainable aviation fuel (SAF).

"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,  


Sweden Sustainable Aviation Fuel Front-runner, says Neste (Int'l.)
Neste Oyi
Date: 2020-09-21
In Helsinki, in line with its "fossil-free fuel by 2045" initiative, the Swedish Government reports plans to introduce a greenhouse gas reduction mandate for aviation fuel sold in Sweden in 2021. The reduction level will be 0.8 pct in 2021, and gradually increase to 27 pct in 2030. This makes Sweden an undisputed leader in sustainable aviation, according to Neste Oyi.

"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,  


Neste Plans Refinery "Operational Restructuring" (Int'l. Report)
Neste Oyi
Date: 2020-09-16
In Helsinki, Finnish Biofuels producer Neste Oy is reporting plans to restructure its refinery operations in Porvoo and Naantali, Finland. The company is exploring the shutdown of its refinery operations in Naantali and focusing the Naantali site on the terminal and harbor operations, as well as transforming the Porvoo refinery operations to co-processing renewable and circular raw materials.

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,  


SJG Offers Nest Thermostats to Cut Energy Costs (Ind. Report)
South Jersey Gas
Date: 2020-09-11
In Atlantic City, the South Jersey Gas (SJG) utility reports it is offering customers a free "smart" thermostat to help cut energy consumption and save on energy costs.

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,  


Global Lignocellulosic Feedstock-based Biofuel Market Expected to Reach CAGR of 27.84 pct (Ind. Report
Biofuel
Date: 2020-08-26
According to 360 Market Updates' recently released Global Lignocellulosic Feedstock-based Biofuel Market report, the market is expected to grow at a CAGR of 27.84 pct from 2020 to 2023, driven in great part by the growing adoption of bioethanol as a transport fuel.

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,  


Calif. Refiners Refocusing on Renewable Diesel (Ind. Report)
Renewable Diesel
Date: 2020-08-21
Further to our August 14 report, Phillips 66, Global Clean Energy, and Marathon Oil are reporting plans to convert their petroleum refineries in the Golden State to renewable diesel production.

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,  ,  


JetBlue Airline Claims Carbon Neutrality (Ind. Report)
JetBlueNeste,CarbonFund
Date: 2020-08-14
Following up on our 1st Jan. coverage, U,S, air carrier JetBlue is reporting it is the first U.S. airline to achieve carbon neutrality for its domestic flights.

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 ,  


SF Airport Supplying Neste MY Renewable Jet Fuel (Ind. Report)
Neste
Date: 2020-07-08
In the Golden State, San Francisco International Airport is reporting receipt of its first delivery of Neste MY Renewable Jet Fuel -- sustainable aviation fuel (SAF) -- which will be used by major airlines committed to reducing carbon emissions.

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,  


McDonald's, Neste Announce Cooking Oil-to-Biofuel Project (Int'l.)
Neste
Date: 2020-06-26
In the Nethlands, McDonald's restaurants reports it is partnering with renewable diesel specialist Neste Corp. to recycle used cooking oil from 252 Dutch McDonald's outlets into a low carbon 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,  


Crude Tall Oil Refiner Licensing Neste Technology (Int'l, Report)
Neste Engineering Solutions,Fintoil Oy
Date: 2020-05-13
Neste Engineering Solutions Oy, a unit of the oil refiner and biodiesel producer, is reporting a licensing agreement with Crude Tall Oil (CTO) refiner Fintoil Oy.

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

More Low-Carbon Energy News Tall Oil,  Neste Engineering Solutions,  Fintoil Oy,  


Neste Nails Mahoney Environmental Acquisition (M&A, Ind. Report)
Neste,Mahoney Environmental
Date: 2020-05-06
Following up on our 13 March report, Espoo, Finland-headquartered Neste, the world's largest producer of renewable diesel and renewable jet fuel refined from waste and residuesis, now reports compleyion of its acquisition of Mahoney Environmental, a leading collector and recycler of used cooking oil in the United States, and its affiliated entities.

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,  


VTT Coordinating Bioflex-Eranet Biomass-Fuel Project (Int'l Report)
VTT,Neste,Valmet,Wartsila
Date: 2020-04-08
The Research Institutes of Sweden's Finland Bioflex-Eranet Project and VTT Technical Research Center report they are investigating are the suitability of biomass and waste plastic-based fuel oils for marine engines.

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 Acquiring Ill. Grease Collector-Recycler (Ind Report, M&A)
Neste,Mahoney Environmental
Date: 2020-03-13
Espoo, Finland-headquartered Neste, the world's largest producer of renewable diesel and renewable jet fuel refined from waste and residuesis, reports it will acquire 100 pct of Joilet, Illinois-based Mahoney Environmental, a collector and recycler of used cooking oil and its affiliated entities. The deal is subject customary closing conditions and regulatory approval.

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 Oyj Targets Carbon-Neutral Production by 2035 (Int'l Report)
Neste
Date: 2020-03-13
Espoo, Finland-headquartered biofuels and sustainable aviation fuels (SAF) producer Neste Oyi reports it is committed to reaching carbon neutral production by 2035. The commitment complements Neste's other strategic climate commitment of reducing customers' greenhouse gas emissions by at least 20 million tpy by 2030. To that end, the company:

  • Continues to focus on energy efficiency to optimize the use of fuel gas, electricity, hydrogen and steam in its production. The improvements in the turnaround at Porvoo refinery in 2020 will decrease production emissions by more than 100 kt CO2eq annually;

  • Increases the use of renewable electricity at its production sites. As an example of this, Neste has already agreed to start using wind power in Finland;

  • Increases the weight of greenhouse gas emissions in the investment calculations and business case evaluation;

  • Explores new, less emitting production methods, for example utilizing biogas or electrolysis for hydrogen production;

  • Has started a project for GHG emission reductions at the Porvoo production site, focusing on carbon capture and storage (CCS) and identifies reliable compensation models for the remaining part which cannot be achieved by emission reductions.

    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,  


  • Neste Takes Stake in Renewable Hydrogen Specialist (Int'l, M&A)
    Neste,Sunfire
    Date: 2020-03-11
    Espoo, Finland-headquartered renewable diesel specialist Neste Corp. is reporting acquisition of a minority stake in Dresden, Germany-based Sunfire -- developer of a patented high-temperature electrolysis technology for the production of renewable hydrogen.

    Sunfire's Power-to-X platform enables the production of emission-free renewable hydrogen and conversion of CO2 into fuels, chemicals and materials.

    In addition to Neste's equity investment in Sunfire, both companies will work together to demonstrate the production of renewable hydrogen at Neste's refinery with Sunfire's high-temperature electrolyzer.

    Neste MY Renewable Diesel is a cost competitive, low-carbon fuel produced from 100 pct renewable and sustainable raw materials that cuts greenhouse gas emissions by up to 80 pct compared to petroleum diesel. (Source: Neste, Chemical Eng, 9 Mar., 2020, Contact: Neste, Peter Vanacker. Pres., CEO, +358 10 458 4128, www.neste.com; Sunfire, Nils Aldag, Managiung Dir., +49 351 896797-0, +49 351 896797-831 - fax, www.sunfire.de/en

    More Low-Carbon Energy News Neste,  Sunfire,  Hydrogen,  Renewable Hydrogen,  


    Neste Reports Finnair Aviation Biofuel Partnership (Int'l. Report)
    Neste,Finnair
    Date: 2020-03-06
    Helsinki-headquartered air carrier Finnair and Neste, the world's largest producer of renewable diesel and renewable jet fuel refined from waste and residues, are reporting an agreement that will see Finnair gradually increase its use of Neste SAF in its operations and play a key role in Finnair's long-term target of carbon neutrality.

    The partnership will not only increase Finnair's use of SAF, but it will also boost the production of SAF in Finland. Growing availability is also important in order to make SAF more widely used and affordable for Finnair's future flight operations. (Source: Neste, PR, 5 Mar., 2020) Contact: Neste, +358 10 458 4128, www.neste.com; Finnair, Topi Manner,CEO, Arja Suominen, SVP, Communications, Kati Ihamaki, Director Corporate Sustainability, www.finnair.com

    More Low-Carbon Energy News Neste,  Finnair,  SAF,  Aviation Biofuel,  


    IKEA Finland Commits to Neste MY renewable Diesel (Int'l. Report)
    Neste
    Date: 2020-02-24
    Helsinki-headquartered Home furnishings manufacturer and retailer IKEA Finland reports it is using Neste MY Renewable Diesel in its commercial vehicles in the Helsinki and other areas of Finland. The use of Neste fuel is in keeping with IKEA's goal of emission-free deliveries by 2025.

    Neste MY Renewable Diesel is a cost competitive, low-carbon fuel produced from 100 pct renewable and sustainable raw materials that cuts greenhouse gas emissions by up to 80 pct compared to petroleum diesel. (Source: IKEA Finland, PR, Various Media, Biofuels News, 21 Feb., 2020) Contact: Neste, +358 10 458 4128,www.neste.com

    More Low-Carbon Energy News Neste,  Renewable Fuel,  Renewable Diesel,  


    Neste SAF Aviation Fuels Available in Zurich (Int'l. Report)
    SAF Aviation Fuels
    Date: 2020-01-20
    Reporting from Switzerland, a coalition of groups representing business jet operators, manufacturers and fuel suppliers has announced private jet airplanes departing this week's World Economic Forum in Davos will be able to fuel their planes with sustainable aviation fuel (SAF) at Zurich airport.

    Neste, the world's largest producer of renewable diesel and renewable jet fuel refined from waste and residues, will deliver the SAF to Zurich Airport. It will be the first time SAF will be available in Switzerland.

    This SAF jet fuel initiative comes with an offsetting plan. Business-jet operators using conventional fuel at airports in or around New York, Boston and Washington where the SAF variety isn't available can opt for an equivalent amount to be used on flights leaving from Van Nuys airport near Los Angeles, according to the statement. (Source: Neste, Yahoo Canada, Bloomberg, 20 Jan., 2020) Contact; Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  SAF Aviation Fuels,  


    JetBlue Going Green with Carbon Offsets and Neste (Ind. Report)
    FetBlue,Neste
    Date: 2020-01-08
    U.S. air carrier JetBlue reports as of July, 2020 it will offset jet fuel CO2 emissions from all domestic flights. The airline will also use sustainable aviation fuel (SAF) on flights departing San Francisco International Airport, beginning in July.

    JetBlue has run targeted offset programs since 2008, addressing a total of 2.6 billion pounds of emissions. The new program aims to offset 15-17 billion pounds each year.

    JetBlue will also continue to partner with Carbonfund.org -- a leading U.S. based nonprofit carbon reduction and climate solutions organization. Since 2008, JetBlue has offset more than 2.6 billion pounds of CO2 emissions in partnership with Carbonfund.org. JetBlue's new carbon offsetting partners now also include established experts in the space -- EcoAct and South Pole. JetBlue has also contracted with sustainable aviation fuel producer Neste to help fuel its fleet beginning in mid-2020. (Source: JetBlue, PR, BusinessWire, Jan., 2020) Contact: JetBlue, David Barger, President, CEO, (718) 286-7900, www.jetblue.com; ; Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News JetBlue,  Aviation Emissio ns,  Carbon Offset,  Neste,  Aviation Biofuel,  


    Neste, AT-Tuote Tout Bio-based Industrial Lubricant (New Prod & Tech)
    Neste
    Date: 2019-12-23
    Finnish techno-chemical specialist AT-Tuote Oy and Helsinki-headquartered renewable fuels producer Neste tare reporting the upcoming launch of AT Renewable Penetrating Lubricant based on a new formulation, with 95 pct of its content derived from biodegradable renewable sources.

    The new lubricant, which can be used in all industrial, automotive and DIY applications, will be launched in the Nordic countries, Germany, the US, Mexico and Brazil nest Spring. ((Source: Neste, Biofuel News, 23 Dec., 20919) Contact: AT-Tuote Oy, +358 9 2745500, info @attuote.fi, www.attoute.fi; Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Renewable Fuel,  


    Neste Launches Melbourne Australia Office (Int'l. Report)
    Neste
    Date: 2019-11-20
    Helsinki-headquartered renewable diesel producer Neste is reporting the opening of a registered subsidiary office in Melbourne, Australia.

    The new office is intended to support the company's waste and residue raw material sourcing operations in Australia and New Zealand. Various wastes and residues account for approximately 80 pct the company's renewable raw materials globally, according to the release. (Source: Neste, Biofuels Int'l., 19 Nov., 2019)Contact: Neste, +358 10 458 4128, +61 3 9922 1400 - Melbourne office, www.neste.us

    More Low-Carbon Energy News Neste,  


    Borealis, Neste Announce Renewable Polypropylene Cooperation (Int'l.)
    Borealis,Neste
    Date: 2019-10-18
    Vienna, Austria-based polyolefin provider Borealis, Helsinki-headquartered and renewable diesel producer Neste are reportinga strategic co-operation agreement for the production of renewable polypropylene (PP).

    Under their agreement, Borealis will use Neste's 100 pct renewable propane produced with Neste's proprietary NEXBTL technology as renewable feedstock at its facilities in Kallo and Beringen, Belgium, starting at the end of 2019.

    Neste's proprietary NEXBTL technology can utilize nearly any bio-based oil or fat as raw material, including lower-quality waste and residue oils to produce various premium-quality renewable products.

    Borealis's process will be certified by the International Sustainability & Carbon Certification (ISCC Plus) whose full value chain scope ensures that the renewable feedstock used is certified renewable, sustainably produced and traceable to point of origin. (Source: Neste, Borealis, Green Car Congress, 17 Oct., 2019) Contact: Borealis, +43 1 22 400 300, www.borealisgroup.com; Neste, +358 10 458 4128, (713) 407-4400 - Houston, Texas office, www.neste.com, www.neste.us

    More Low-Carbon Energy News Neste,  Borealis,  


    Neste Lauded by East Bay Clean Cities Coalition (Ind. Report)
    Neste,East Bay Clean Cities Coalition
    Date: 2019-10-18
    In the Golden State, the East Bay Clean Cities Coalition in California, US has awarded its 2019 Clean Air Champion Award to renewable diesel producer Neste for its "exemplary work with renewable fuels and focus on sustainability as a core part of your (its) mission and operations."

    Neste supplies its "drop-in" Neste MY Renewable Diesel to 17 cities in the East Bay area, and other west coast areas.

    The East Bay Clean Cities Coalition (Oakland) works with vehicle fleets, fuel providers, community leaders, and other stakeholders to save energy and promote the use of domestic alternative fuels and advanced vehicle technologies in transportation. (Source: East Bay Clean Cities Coalition, PR, 16 Oct., 2019) Contact: East Bay Clean Cities Coalition, www.cleancitieseastbay.org; Neste, +358 10 458 4128, (713) 407-4400 - Houston, Texas office, www.neste.us www.neste.com

    More Low-Carbon Energy News Neste,  Clean Cities,  Renewable Diesel,  


    Neste Opens Calif. Renewable Diesel Fueling Stations (Ind. Report)
    Neste
    Date: 2019-09-04
    Helsinki-headquartered renewable diesel producer reports the opening of three new cardlock renewable diesel commercial fueling stations in Northern and Central California' Neste's first California fueling station opened earlier this year, bringing the total number of commercial fueling stations to four.

    Neste MY Renewable Diesel is a cost competitive, low-carbon fuel produced from 100 pct renewable and sustainable raw materials that cuts greenhouse gas emissions by up to 80 pct compared to petroleum diesel. (Source: Neste, Various Trade Media, Biofuels Int'l, 29 Aug., 2019) Contact: Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Renewable Diesel,  


    Neste Introduces IMO 2020 Compliant Maritime Fuel (Int'l Report)
    Neste
    Date: 2019-08-16
    Helsinki-headquartered Neste, the world's largest producer of renewable diesel fuel reports it will introduce Neste Marine 0.5 , a new fuel before the year end.

    The new fuel will help maritime shippers comply with the International Maritime Organization's 2020 sulfur cap of 0.5 pct to reduce sulfur dioxide emissions, effective 1 Jan, 2020. Neste Marine 0.5, which is manufactured at the company's refinery in Porvoo, Finland, will be available at yet to be announced locations in Northwest Europe.

    In other Neste news, the company announced it is partnering with Valdosta, Georgia-based McCall Companies to distribute its branded Neste MY Renewable Diesel in Oregon, which implemented clean fuels standards in 2016. (Source: Neste, Biodiesel Mag., 15 Aug., 2019) Contact: Neste, +358 10 458 4128, www.neste.com; McCall Companies CEO Kevin Jones, CEO, 229.242.2551, Fax - 229.244.8358, mail@mccallinc.com, www.mccallinc.com

    More Low-Carbon Energy News Neste,  Maritime Fuel,  Marine Fuel,  IMO ,  


    Neste Expanding Singapore Biorefinery (Int'l. Report)
    Neste
    Date: 2019-08-02
    Finnish biofuel producer and oil refiner Neste reports it is investing €1.4 billion ($1.6 billion) to more than double output at its Singapore refinery. The facility produces renewable fuels from used cooking oil, vegetable oil, agricultural and animal wastes.

    The Singapore expansion will reportedly increase renewable fuel output by up to 1.3 million tpy from the current 1 million tpy, The plant will also be able to produce up to 1 million tpy of renewable jet fuel as well as raw materials for various polymers and chemicals.

    The expanded plant is expected to be operational early in 2022. (Source: Neste, Reuters, CNA Business, 31 July, 2019) Contact: Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Renewable Fuel,  


    Neste, LyondellBasell Tout Joint Bioplastic Production (Ind. Report)
    LyondellBasell, Neste
    Date: 2019-06-19
    Rotterdam, Netherlands-based chemicals and plastics manufacturer LyondellBasell (LYB) and Helsinki-headquartered renewable diesel maker Neste have jointly announced the first parallel production of bio-based polypropylene and bio-based low-density polyethylene from sustainable bio-based raw materials at a commercial scale.

    The joint project combined Neste's renewable feedstock and LyondellBasell's technical capabilities. LyondellBasell's cracker flexibility allowed it to introduce a new renewable feedstock at its Wesseling, Germany site, which was converted directly into bio-based polyethylene and bio-based polypropylene. (Source: LyondellBasell, PR, CISION, 18 June, 2019) Contact: LyondellBasell , www.LyondellBasell.com; Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News LyondellBasell,  Neste,  Bioplastic ,  


    Neste Touts Estonian Biodiesel Sales, MY Renewable Jet Fuel (Int'l)
    Neste
    Date: 2019-05-08
    In the capital city of Tallinn, Estonian public broadcaster ERR and other media are reporting Helsinki-headquartered renewable diesel fuel producer Neste will begin offering its palm oil biodiesel to Estonian motorists in July, subject to Estonian Environment Ministry approval.

    In other Neste news, the effectiveness of Neste MY Renewable Jet Fuel in reducing black carbon emissions has been recognized in a competition organized by the Climate Leadership Coalition, the Bioenergy Association of Finland, the Finnish Innovation Fund Sitra, the Finnish Environment Institute, and the Central Association of Chimney Sweeps. According to NASA, renewable fuel has the potential to cut particulate emissions by up to 70 pct from aircraft engines. (Source: Neste, Baltic News Network, May, 2019) Contact: Neste, +358 10 458 4128, www.neste.com; Bioenergy Association of Finland, www.bioenergia.fi/English

    More Low-Carbon Energy News Neste,  Renewable Diesel,  Alternative Fuel,  Biodiesel,  


    Oakland Fleet Opts for Neste Renewable Diesel (Ind. Report)
    Neste
    Date: 2019-04-24
    In the Golden State, the City of Oakland and Helsinki-headquartered Neste report they are partnering to turn used restaurant cooking oils and residues into renewable diesel for use in the city's transport fleet.

    According to a release, switching from petroleum diesel to renewable diesel reduces harmful emissions, reduces fuel costs and allows the city's oldest and most polluting vehicles to "go clean". The fuel is compatible with all diesel engines and cuts engine nitrogen oxides emissions by 9 pct, carbon monoxide emissions by 24 pct and fine particulate matter emissions by 33 pct. The switch to renewable diesel will also help the city fleet cut its greenhouse gas emissions by a total of 74 pct compared to fossil fuel-based diesel. (Source: Neste, Energy Live, 23 April, 2019)Contact: Neste, +358 10 458 4128, www.neste.com, Jeremy Baines, VP Sales, (713)407-4400, usa@neste.com, www.NesteMY.com; City of Oakland Fleet Office, www.oaklandca.gov/staff/richard-battersby

    More Low-Carbon Energy News Neste,  Renewable Diesel,  Alternative FUel,  


    Air BP, Neste Partnering on Aviation Biofuels (Int'l Report)
    Neste, Air BP
    Date: 2019-04-15
    Helsinki-headquartered Neste, the world's largest producer of renewable diesel fuel reports it is joining Air BP, a leading aviation fuel products and services supplier, to develop a robust supply chain for aviation biofuels in Sweden.

    "Sweden is becoming a leading country in decarbonizing aviation with its proposal to introduce a greenhouse gas reduction mandate for aviation fuel sold in Sweden. Together with Air BP we are able to support air transport in Sweden in their efforts, and this collaboration gives both of us valuable insight into developing similar supply chains to decarbonize aviation in other markets," according to Neste President and CEO Peter Vanacker.

    Air BP is the specialised aviation division of BP. Air BP services are available at over 1000 airport locations in 70 countries and serves airlines, commercial aviation and general aviation.

    Neste MY Renewable Diesel is a cost competitive, low-carbon fuel produced from 100 pct renewable and sustainable raw materials that cuts greenhouse gas emissions by up to 80 pct compared to petroleum diesel. (Source: Air BP, Innovators, 15 April, 2019) Contact: Air BP, Jon Platt, CEO, +27 (11) 488 5111, www.bp.com/en/global/bp-air.html; Neste, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Aviation Biofuel,  Jet Biofuel,  Neste,  BP,  


    Neste MY Renewable Diesel Now Available in Calif. (Ind. Report)
    Neste
    Date: 2019-03-25
    Hesinki-headquartered Neste, the world's largest producer of renewable diesel fuel producer Neste reports the opening of Neste MY Renewable Diesel™ cardlock dispensing facilities in San Leandro, San Jose, Ripon, and Keyes California.

    Neste MY Renewable Diesel is a cost competitive, low-carbon fuel produced from 100 pct renewable and sustainable raw materials that cuts greenhouse gas emissions by up to 80 pct compared to petroleum diesel. The fuel meets and often exceeds California's rigorous emissions standards while meeting consumer requirements for sustainability. (Source: Neste, PR, Mar., 2019) Contact: Neste, +358 10 458 4128, www.neste.com, Jeremy Baines, VP Sales, usa@neste.com, (713)407-4400, www.NesteMY.com

    More Low-Carbon Energy News Neste,  Renewable Diesel,  


    Neste, ScanOcean Partner on Marine Fuel Distribution (Int'l)
    Neste
    Date: 2018-12-19
    In Helsinki, Finnish renewable fuel producer Neste reports it is partnering with bunker and marine fuel supplier ScanOcean AB to deliver and resell Neste's low-sulfur marine fuel in the Stockholm area on the east coast of Sweden.

    With this agreement, Neste's marine fuels are now available at all Finnish ports and through ScanOcean cooperation, according to the press release. (Source: Neste, PR, Biofuels Int'l, 18 Dec., 2018)Contact: Neste Oil Corp., Kaisa Hietala, VP Renewable Products , Jacob Granqvist, Marine Fuels & Services Manager, +358 10 458 4128, www.neste.com; ScanOcean AB, Jonatan Karlstrom, GM, www.scanocean.se

    More Low-Carbon Energy News Renewabole Fuel,  Renewable Diesel,  Neste,  Marine Fuel,  Biofuel,  


    Neste Expanding Renewable Diesel Production in Singapore (Int'l)
    Neste
    Date: 2018-12-14
    In Helsinki, Finnish biofuel producer and oil refiner Neste reports it will invest €1.4 billion to boost its biofuel production capacity in Singapore. The expansion will increase Neste's production capacity to 4.5 million tpy by 2022 from a current 2.7 million tonnes.

    Neste currently produces biofuels in Singapore, Rotterdam and Porvoo, Finland. The new production line is due to start in 2022. (Source: Neste, Various Media, Dec., 2018) Contact: Neste, Peter Vanacker, CEO, Kaisa Hietala, VP Renewable Products, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Biodiesel,  Biofuel,  Renewable Diesel,  


    Finnish Airports Switching to Neste MY Renewable Diesel (Int'l)
    Neste
    Date: 2018-11-16
    In Helsinki, Finland's national airline, Finavia, reports it will use Neste MY Renewable Diesel in vehicles at Rovaniemi, Kuusamo, Ivalo and Kittila airports in Finland. The switch to Neste renewable fuel is part of Finavia's commitment to airport carbon neutrality by 2020.

    Neste's renewable diesel is currently available from 13 light traffic and 13 heavy traffic filling stations in southern Finland, Jyvaskyla and Seinsjoki. Neste plans to develop fuel stations in northern Finland. (Source: Finavia, Neste, Airport Technology , 14 Nov., 2018)Contact: Neste Oil Corp., Kaisa Hietala, VP Renewable Products , +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Renewable Diesel,  


    Neste, Clariant Announce Renewable Chemicals Partnership (Int'l)
    Neste, Clariant
    Date: 2018-11-09
    Basel, Switzerland-based Clariant reports it is partnering with Helsinki-headquartered sustainable diesel and renewable chemical specialist Neste and will use C2/C3 monomers derived from Neste's renewable hydrocarbons. The feedstock is manufactured from waste and residue raw materials including used cooking oil and renewable vegetable oils. The C2/C3 monomers will replace those currently used by Clariant to develop advanced polyolefin solutions in several applications.

    With this partnership, Clariant will be able to provide sustainable polyolefin solutions derived from renewable hydrocarbons. (Source: Clariant, Chemicals Technology, 7 Nov., 2018) Contact: Neste, Peter Vanacker, CEO, Kaisa Hietala, VP Renewable Products , +358 10 458 4128, www.neste.com; Clariant, Markus Rarbach, Head of Start-up Business Biofuels & Derivatives, Hariolf Kottmann, CEO, +41 61 469 5111, Anja Pomrehn, Inv. Relations, +41 61 469 67 45 anja.pomrehn@clariant.com, www.clariant.com

    More Low-Carbon Energy News Neste,  Clariant,  Renewable CHemical,  


    Neste Oil Shares $1Mn Israeli Alt Fuels Prize (Int'l Report)
    Neste Oil
    Date: 2018-10-29
    The Jerusalem Post is reporting Bar-Ilan University and Finland's Dr. Lars Peter Lindfors of Neste Oil will share the Eric and Sheila Samson Prime Minister's Prize for Innovation in Alternative Fuels for Transportation. The $1 million award is the largest prize in the field of innovation of alternative fuels for transportation worldwide.

    Neste Oil Snr. VP of Technology Dr. Lars Peter Lindfors and his team have developed innovative methods to produce biodiesel from organic waste, including organic oils and used cooking oils. Through these newly-developed methods, Neste has been able to produce millions of tons of biodiesel annually to power trucks and boats, and reduce greenhouse gas emissions by 90 pct. (Source: Jerusalem Post, 28 Oct., 2018) Contact: Neste Oil Corp., Kaisa Hietala, VP Renewable Products , +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste Oil,  Alternative Fuel,  Biodiesel,  


    Neste, Air BP Seal Green Jet Fuel Cooperation Deal (Int'l)
    Neste,Air BP
    Date: 2018-10-12
    Biofuels specialist Neste and aviation fuel supplier Air BP report they are partnering to scale up the fledgling supply chain for sustainable jet fuels made from waste-based feedstocks and will work together to introduce a co-branded sustainable aviation fuel to market at airports through Air BP's global network.

    Neste's MY Renewable Jet Fuel has been used in thousands of commercial flights. Similarly, Air BP has supplied its BP Biojet product at 10 airports across the Nordic countries since 2014.

    The aviation industry is facing mounting pressure to curb emissions ahead of the introduction of the UN-backed CORSIA offsetting scheme, which is set to impose a carbon price on a growing number of airlines with a view to ensuring the sector delivers on its goals of securing 'carbon neutral growth' from 2020 and cutting net aviation emissions in half by 2050. (Source: Neste, BusinessGreen, Others, 11 Oct., 2018) Contact: Neste, Kaisa Hietala, Executive VP, Renewable Products, +358 10 458 4128, www.neste.com; BP Air, www.bp.com/en/global/bp-air.html

    More Low-Carbon Energy News Neste,  Air BP,  Aviation Biofuel,  Jet Biofuel,  


    Neste Takes Controling Stake in IH Demeter (Int'l, M&A)
    Neste
    Date: 2018-09-07
    Helsinki-headquartered renewable fuel producer Neste Oyj reports its acquisition of a controlling 51 pct of the shares in animal fat trader IH Demeter B.V., first announced in May, has received all necessary regulatory approvals and has been completed. Demeter will remain as a co-owner of the company to be known as Neste Demeter B.V. (Source: Neste, Various Media, Biodiesel Mag., Sept., 2018) Contact: IH Demeter, www.demeter.nl; Neste, Kaisa Hietala, Executive VP, Renewable Products, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  IH Demeter,  


    Geneva Airport Grounds Renewable Jet Fuel Project (Int'l Report)
    Neste
    Date: 2018-08-24
    Helsinki-headquartered renewable fuel producer Neste Oyj reports that due to funding shortfalls Geneva Airport has decided not to proceed with its September, 2017 plan to replace 1 pct of the conventional jet fuel used for aircraft with renewable jet fuel in a pilot project with Neste.

    Neste also reports it will continue renewable jet fuel production as planned and volumes will increase year-on-year. With the company's planned additional 1 million ton renewable product capacity in Singapore, renewable jet fuel production is estimated to increase significantly by 2022.

    Under the umbrella of Neste Green Hub, Neste continues efforts linked to the reduction of CO2 emissions in aviation and to support the objectives set by the International Civil Aviation Organization (ICAO) for carbon-neutral growth in aviation from 2020.

    Neste Green Hub connects key stakeholders and creates a platform where airports, solutions providers, airlines, authorities, local community and passengers all unite and contribute to more sustainable traveling. Neste MY Renewable Jet Fuel is an essential element in the Green Hub initiative. (Source: Neste, euronews, 22 Aug., 2018) Contact: Neste, Kaisa Hietala, Executive VP, Renewable Products, +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Neste,  Jet Biofuel,  Aviation Biofuel,  


    Neste Investigating Waste Plastic as Alt. Fuel Feedstock (Int'l)
    Neste
    Date: 2018-07-20
    Helsinki-headquartered renewable fuel producer Neste Oyj reports it is exploring the use of liquefied waste plastic as a future raw material for fossil refining after a trial period in 2019. The company's target is to process more than one million tonnes of waste plastic by 2030.

    According to Neste, only one-third of the 27 million tpy of post-consumer plastic waste generated in Europe is collected for recycling. In January 2018, the EU released its Strategy for Plastics in a Circular Economy. In the EU Waste package, recycling target for plastic packaging was raised to 50 pct by 2025 and 55 pct by 2030.

    In addition to exploring ways to utilize plastic waste as raw material, Neste is helping the plastics industry and various plastics-consuming companies to reduce their crude oil dependency and climate emissions by producing durable and recyclable renewable plastics from bio-based raw materials, such as waste fats and oils. (Source: Neste, Bioenergy Int;l, July, 2018)Contact: Neste Corporation, Kaisa Hietala, VP Renewable Products , +358 10 458 4128, www.neste.com

    More Low-Carbon Energy News Alternative Fuel,  Neste,  


    Neste Acquiring IH Demeter BV to Guarantee Feedstock (M&A, Int'l)
    Neste Oyj
    Date: 2018-05-25
    Helsinki, Finland-headquartered renewable diesel specialist Neste Oyj reports it will acquire sole control and a 51 pct stake in Dutch animal fats and proteins trader IH Demeter BV.

    The terms of the deal, which is subject to regulatory approvals, were not divulged. The new entitiy will be tagged Neste Demeter BV.

    The investment supports Neste's strategy to establish a global waste and residue raw material platform to secure feedstock -- raw material availability to meet its production needs, according to a statement.

    IH Demeter operates 150 animal fat rendering facilities throughout Europe. (Source: Neste Oyi, PetrolPlaza, Various Media, 25 May, 2018)Contact: Neste Corporation, Kaisa Hietala, VP Renewable Products , +358 10 458 4128, www.neste.com; IH Demeter, www.demeter.nl/contact

    More Low-Carbon Energy News Neste ,  Biodiesel,  Renewable Fuel,  

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