Tag: Neste Oil
Tweet In Finland, Neste Oil is the world’s first company to be awarded an RSPO-RED Supply Chain certificate under the Roundtable on Sustainable Palm Oil’s (RSPO) new, more demanding certification system. The certificate covers the production of NExBTL renewable diesel at Neste Oil’s refineries in Porvoo, Rotterdam, and Singapore. The RSPO’s new RSPO-RED overall certification […]
Tweet In the Netherlands, Neste Oil committed itself on 12 November, to a Dutch initiative aimed at the deployment of sustainable biofuel in the aviation sector. The signatories of the initiative include KLM, SkyNRG, Schiphol Airport, the Port of Rotterdam, the State Secretary of Infrastructure and the Environment, and the Minister of Economic Affairs. Neste […]
Tweet In Finland, Neste Oil is looking to expand the feestocks used by its biodiesel technology to include straw and waste. Those feedstocks are typically used in ethanol production, but the company aims to produce biodiesel with it. It has focused on the diesel market for fuel replacements as Europe is predominantly a diesel fueled. […]
Tweet Making Gold from Green? A multi-year deal between Neste Oil and Cellana may point to the future of commercializing algae biofuels. Will the hybrid product, hybrid technology route be a winner? In California, Cellana announced that it has entered into a multi-year, non-exclusive, off-take agreement with Neste Oil for commercial-scale quantities of Cellana’s ReNew Fuel […]
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.