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Neste, DSM Partner on Bioplastics (Int'l. Report)
Neste, DSM
Date: 2021-02-05
In the Netherlands, Royal DSM and Espoo, Finland-based renewable fuels specialist Neste Oy are reporting a partnership for the production of high-performance plastics from sustainable feedstock. Under the agreement, DSM Engineering Materials in Troy, Michigan will start replacing a significant portion of the fossil feedstock used to date in the manufacture of its engineering resins with feedstock produced from recycled waste plastics and/or 100 pct bio-based hydrocarbons.

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 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,  


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,  


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 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 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 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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