Search Results for 'neste'

Fuel Delivery Services Switches to Neste MY Renewable Diesel

Fuel Delivery Services Switches to Neste MY Renewable Diesel

June 17, 2018 |

In Texas, Fuel Delivery Services, Inc., a bulk transporter of refined petroleum products based in Stockton, CA, recently switched their Stockton based fleet of trucks to Neste MY Renewable Diesel. FDS provides transportation services seven days a week, 365 days a year to a variety of clients, from small jobbers to major oil companies. FDS […]

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Finland divests 5% for $1 billion of Neste to take advantage of bull run

Finland divests 5% for $1 billion of Neste to take advantage of bull run

June 13, 2018 |

In Finland, Reuters reports that the government’s stake in Neste fell to 44.7 percent after selling 5 percent of the company for around $1 billion, prompting criticism from the opposition for dropping below the majority shareholding level. The government said it wanted to take profits following a recent rally before losing out on the opportunity […]

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IKEA and Neste launch commercial scale bioplastic production

IKEA and Neste launch commercial scale bioplastic production

June 10, 2018 |

In the Netherlands, IKEA and Finland-based Neste are working together to tackle the production of plastic products by working on a commercial scale pilot production of renewable, bio-based polypropylene plastic. The pilot at commercial scale of PP and PE plastic, chosen to contain 20 percent renewable content, will start during fall 2018. The production of […]

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Neste to acquire the share majority of the Dutch animal fat trader IH Demeter B.V.

Neste to acquire the share majority of the Dutch animal fat trader IH Demeter B.V.

May 27, 2018 |

In Finland, Neste, a producer of renewable fuels from waste and residues, and IH Demeter B.V., a trader of animal fats and proteins, have agreed that Neste acquires sole control and 51 % of the shares of IH Demeter B.V., making Neste the controlling shareholder. The current owners shall remain as co-owners. The transaction is […]

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Global Bioenergy teams with Sekab, Neste and others on EU-funded isobutene project

Global Bioenergy teams with Sekab, Neste and others on EU-funded isobutene project

May 15, 2018 |

In France, Global Bioenergies announced the start of a 3-year project to demonstrate a new value chain combining its Isobutene process with technologies developed by Sekab and Neste Engineering Solutions, two of Europe’s leading technology developers. The aim is to convert currently poorly valorised softwood residues into second-generation renewable isobutene for subsequent conversion into gasoline […]

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Neste MY Renewable Diesel rockin’ it this month

Neste MY Renewable Diesel rockin’ it this month

May 12, 2018 |

Neste reaches 1B gallons renewable diesel sale, runs in fire trucks, ambulances and school vehicles In Texas, Neste U.S., Inc. is celebrating its 1 billionth gallon of Neste MY Renewable Diesel sold in North America which has effectively helped reduce more than seven million metric tons of greenhouse gas emissions in the Earth’s atmosphere. This […]

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UK’s Red Funnel ferry trialing Green D+ fuel based on Neste HVO

UK’s Red Funnel ferry trialing Green D+ fuel based on Neste HVO

May 2, 2018 |

In the UK, Red Funnel announced that it is trialing the use of Green D+ fossil-free fuel on its ro-pax fleet of ships which operate between Southampton and the Isle of Wight. The cross-Solent ferry company has teamed up with Green Biofuels to trial Green D+ biofuel with varying amounts of low-sulphur Marine Gas Oil, […]

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Neste posts highest ever quarterly result

Neste posts highest ever quarterly result

April 29, 2018 |

In Finland, oil refiner and biofuel producer, Neste, posted its highest ever quarterly result, helped by a U.S. tax break and profitable biofuel production, according to Reuters. Shares jumped more than 12% after the first-quarter report showed operating profit of 401 million Euros ($488 million), almost double from one year ago. Analysts forecasted 370 million […]

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San Francisco Bay Area sightseeing cruise company switches to 100% Neste renewable diesel

San Francisco Bay Area sightseeing cruise company switches to 100% Neste renewable diesel

April 23, 2018 |

In California, sightseeing cruise company Red and White Fleet operating in the San Francisco Bay Area, California switched its entire fleet of vessels from operating on conventional diesel to using 100% Neste MY Renewable Diesel™. The City of San Francisco and a number of public transit agencies supported Red and White Fleet’s research and transition […]

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New Valtra tractors to be delivered filled with Neste MY Renewable Diesel

New Valtra tractors to be delivered filled with Neste MY Renewable Diesel

March 13, 2018 |

In Finland, Valtra has become the first tractor factory in the world to begin using Neste MY Renewable Diesel as the start-up fuel for all new tractors. As a result, around 700,000 litres of fossil diesel fuel will be replaced each year by 100-percent renewable fuel. When the tractors roll off the assembly line, the […]

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