Return to Today's Publications

 

Newsletter:
Date Range (YYYY-MM-DD) -
Company, Industry or Technology:
  Search Tips


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, 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,  


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 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,  

    Showing 1 to 6 of 6.