Search Results for 'neste'

Neste’s Q2 profits hit by biodiesel blenders credit expiry

Neste’s Q2 profits hit by biodiesel blenders credit expiry

August 3, 2017 |

In Finland, the expiry of the biodiesel blenders credit in the US negatively impacted Neste’s Q2 profits, which fell 16% on the year to $279 million, also weighed upon by maintenance stoppages at its fossil fuel refineries. Biodiesel sales grew 39% on the year to 674,000 metric tons. The company is contemplating an investment in […]

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Neste investing in waste feedstock research with eye on bioplastics

Neste investing in waste feedstock research with eye on bioplastics

June 6, 2017 |

In Finland, Neste is putting a large amount of resources into research on waste and residue raw materials. In addition to biofuels, also bioplastics can be produced from waste and residues in the future. The company is also focusing its raw materials research on waste plastics as a substitute for crude oil in the manufacture […]

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Renewable diesel a-go-go: The Digest’s 2017 Multi-Slide Guide to Neste

Renewable diesel a-go-go: The Digest’s 2017 Multi-Slide Guide to Neste

May 10, 2017 |

Neste is a refining and marketing company, with a production focus on premium-quality, lower-emission traffic fuels. The company produces a comprehensive range of major petroleum products and is the world’s leading supplier of renewable diesel. The company has net sales of greater than EUR 17.5 billion and employs around 5,000 people. Neste is included in […]

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Neste publishes information on all its crude palm oil suppliers

Neste publishes information on all its crude palm oil suppliers

April 6, 2017 |

In Finland, Neste has published updated information about all its crude palm oil suppliers on the company’s website. The data covers the entire supply chain, i.e. all companies, mills, and estates that supplied Neste with crude palm oil in 2016.The dashboard website offers information on the suppliers, certification systems used, and certification documentation, and provides […]

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Neste pleased with Sweden’s draft laws to boost biofuels use for carbon emissions reductions

Neste pleased with Sweden’s draft laws to boost biofuels use for carbon emissions reductions

March 27, 2017 |

In Sweden, Neste welcomed the Swedish government’s draft law proposals for the emission reduction mandate for traffic fuels and the continued tax exemption for high-blend biofuels. Long-term perspective and ambitious targets provide a much-needed basis for innovation and investments in the biofuels sector, while ensuring the necessary carbon emission reductions in transportation. “Sweden is showing […]

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Neste looks to increase renewable production capacity in US and Singapore

Neste looks to increase renewable production capacity in US and Singapore

February 9, 2017 |

In Finland, Neste’s CEO said during 2016 full-year reporting that the company will continue to implement its global renewables growth strategy. The demand for renewable products is expected to continue growing globally. Neste’s renewables capacity increase program will include both debottlenecking of the existing production capacity to 3 million tons by 2020, and building of […]

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Neste teams with Bioenergy La Tuque on forest residue R&D

Neste teams with Bioenergy La Tuque on forest residue R&D

January 17, 2017 |

In Finland, Neste and Bioenergy La Tuque have started R&D cooperation with the objective of studying the potential of using forest residues as a raw material in biofuel production in La Tuque, Canada. The cooperation supports Neste’s goals to expand the raw material selection available and increase the use of waste and residues. Currently, the […]

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Neste to buy Dutch biodiesel facility for storage and pretreatment of renewable raw materials

Neste to buy Dutch biodiesel facility for storage and pretreatment of renewable raw materials

December 27, 2016 |

In the Netherlands, Neste will acquire pre-treatment and storage capacity for renewable raw materials in the Netherlands as part of the company’s growth program. Neste has signed an agreement with Electrawinds ReFuel B.V. on the acquisition of a former biodiesel plant in Sluiskil in the Netherlands. Neste intends to use the Sluiskil plant for the […]

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Neste supplying renewable diesel to more than 1,100 San Diego city vehicles

Neste supplying renewable diesel to more than 1,100 San Diego city vehicles

October 31, 2016 |

In California, the city of San Diego has recently started using Neste renewable diesel in its vehicle fleet consisting of service trucks, refuse packers, dump trucks, construction equipment, and street sweepers, to name a few. By switching from conventional petroleum diesel to Neste renewable diesel, the city of San Diego joins California’s cleanest city fleets including the cities […]

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Neste investing heavily in finding waste residues for its fuels

Neste investing heavily in finding waste residues for its fuels

October 12, 2016 |

In Finland, Neste has become the world’s largest producer of renewable fuels from waste and residues as a result of long-term work. This pioneer in the field has an exceptionally extensive portfolio of raw materials compared to competitors. The portfolio is actively developed with the aim of being expanded even further. A significant part of […]

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