Tag: Neste Oil
Tweet In Finland, UPM and Neste Oil are headed to court after UPM sought to invalidate Neste’s biodiesel patent in a Helsinki court. UPM claims that the new patent lacks “inventiveness and novelty.” Neste is planning to file a countersuit against UPM.
Tweet In Finland, Neste Oil reported its first quarter results, showing a net profit or the first time in several years. The company has recorded an operating profit of US$34m. “We were able to expand our customer base further and sales allocations were also successful. Price differentials between different vegetable oils remained favourable during the [...]
Tweet Neste Oil, which had been criticized for its sourcing of deforestation-based palm oil, has pledged to shift away from palm oil sourced from primary forests, high conservation value and natural forests, and high carbon stock forests. Neste’s decision comes after close work with The Forest Trust, a non-profit organization that has also played a [...]
Tweet In Finland, Neste Oil increased the use of waste and residue raw materials for renewable fuels refining by over 400,000 tons in 2012. A total of 742,000 tons of these raw materials were used compared to 330,000 tons in 2011. The use of waste animal fat in particular increased last year and fish processing [...]
Tweet In Germany, Neste Oil’s Executive VP is calling for a stable biofuels research policy, saying that though the current Indirect Land Use Change proposal is not ideal, it must not later be superseded by later policy changes. The lack of consistency among EU member states to support second generation biofuels is likely to stifle [...]
Tweet In Finland, Neste Oil will produce 4,000 metric tons per year of renewable jet fuel using sustainable Spanish camelina oil and used cooking oil under the EU-funded ITAKI project. The three-year project received $13.2 million and will feed into the 2 million ton renewable jet fuel initiative European Aviation Biofuels Flightpath.
Tweet In Finland, Neste Oil announced that it has joined the Initiative Towards Sustainable Kerosene for Aviation (ITAKA) project, which is being funded by the EU to support the commercialization and use of renewable aviation fuel in Europe. Neste Oil’s role in the consortium will be to produce the renewable fuel used in the project. [...]
Tweet Sean_OHanlon: A look at the #Bioenergy, #Biofuels, and Biobased products that made headlines in 2012 renevenendaal: Pyrolysis project Hengelo recognized as European Flagship Project Sean_OHanlon: Neste Oil to begin producing Aviation #Biofuels stocknotifier: Stocks Under $10: A Look at Biofuels Companies:
Tweet Biofuels Digest has released the next wave of its 5-Minute Guides – a “news you can use” digest on the leading companies in biofuels. Each 5-Minute Guide provides a company description, 3 top milestones for 2010-12 and projected for 2012-14, description of the business model; plus project info (location, feedstocks, product set, processing technology, [...]
Tweet Company description: Neste Oil 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 operations in 15 countries. Its growth strategy is focused on producing premium- quality renewable diesel [...]