Tag: Neste

Neste to divest fuel retail business in Russia

Neste to divest fuel retail business in Russia

July 7, 2019 |

In Finland, Neste Corporation signed an agreement to sell its fuel retail business consisting of 75 fuel stations and a terminal in St. Petersburg region to Russia-based oil and gas company PJSC Tatneft. The move is to enable Neste to focus on their strategic priorities and Neste MY Renewable Diesel and services in Finland and […]

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Neste and LyondellBasell announce first co-production of bioplastics at commercial scale

Neste and LyondellBasell announce first co-production of bioplastics at commercial scale

June 18, 2019 |

In Finland, Neste and LyondellBasell, one of the largest plastics, chemicals and refining companies in the world, jointly announced the first parallel production of bio-based polypropylene and bio-based low-density polyethylene at a commercial scale. The joint project used Neste’s renewable hydrocarbons derived from sustainable bio-based raw materials, such as waste and residue oils. The project […]

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Neste’s Zero Island project cuts emissions on Lidö by 78%

Neste’s Zero Island project cuts emissions on Lidö by 78%

June 15, 2019 |

In Sweden, Neste and its partners set to turn the island of Lidö in the Swedish archipelago into a climate neutral Zero Island in just 12 months. As a result of the project, the island’s emissions were brought down by an impressive 78 percent from their previous levels and included solutions like using Neste MY […]

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Finland to join Nordic forefront in reducing aviation emissions

Finland to join Nordic forefront in reducing aviation emissions

June 9, 2019 |

In Finland, Neste said that Finland’s incoming government has introduced its Government Programme which includes ambitious climate targets and a goal for carbon neutral Finland in 2035. As part of reducing transport-related emissions, the share of biofuels in aviation is targeted at 30% through a blending obligation. “This is a significant goal, enabling Finland to […]

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Neste teams with Port Authority of New York & New Jersey on sustainable fuel initiative

Neste teams with Port Authority of New York & New Jersey on sustainable fuel initiative

June 6, 2019 |

In New York state, Neste and the Port Authority of New York & New Jersey (PANYNJ), have signed a Memorandum of Understanding (MOU) on its joint sustainable fuel initiative. The partners will be working together to facilitate the use of sustainable transportation fuels at Port Authority facilities and in its fleet vehicles and equipment, including […]

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Biobased diesel fuels deliver largest carbon emission reductions for transportation

Biobased diesel fuels deliver largest carbon emission reductions for transportation

June 2, 2019 |

In California, new data gathered by the California Air Resources Board’s Low Carbon Fuel Standard program, shows that biobased diesel fuels like Neste MY Renewable Diesel deliver the state’s biggest reduction in carbon emissions for the transportation sector. “This study from CARB is a welcome confirmation: renewable diesel can significantly reduce greenhouse gas emissions and […]

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Neste and VTT strengthen their partnership through research investments

Neste and VTT strengthen their partnership through research investments

May 26, 2019 |

In Finland, Neste and VTT agreed on strategic cooperation which fosters the joint use and development of research infrastructures. The cooperation aims at strengthening Finnish expertise in bio and circular economy as well as developing cleaner fuel solutions. The strategic cooperation of Neste and VTT is based on two separate investment decisions for Finnish research […]

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Air BP offers to supply Neste aviation biofuel to Swedish and French airports

Air BP offers to supply Neste aviation biofuel to Swedish and French airports

May 21, 2019 |

In the UK, Air BP announced it has offered sustainable aviation fuel to general and business aviation customers and aircraft manufacturers at Stockholm Arlanda (ARN/ESSA) airport in Sweden and Caen Carpiquet (CFR/LFRK) airport in France. This latest fuel offering comes in support of the industry’s Sustainable Alternative Jet Fuel (SAJF) initiative, launched one year ago, […]

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Braathens Regional Airlines, Air BP, ATR and Neste collaborate to achieve the ‘Perfect Flight’

Braathens Regional Airlines, Air BP, ATR and Neste collaborate to achieve the ‘Perfect Flight’

May 19, 2019 |

In Sweden, a “perfect flight” took off. What exactly is a “perfect flight”? For some of you, it might mean wingsuit flying done by daring humans but for Neste, it’s when “Every element of the flight management process has been optimised to keep carbon emissions to a minimum.” So what made this regional flight from […]

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Neste MY Renewable Jet Fuel wins award for reduction of black carbon emissions

Neste MY Renewable Jet Fuel wins award for reduction of black carbon emissions

May 12, 2019 |

In Finland, Neste MY Renewable Jet Fuel won an award for its role in reducing black carbon emissions in a competition jointly organized by the Climate Leadership Coalition, the Bioenergy Association of Finland, the Finnish Innovation Fund Sitra, the Finnish Environment Institute, and the Central Association of Chimney Sweeps. The purpose of the competition was […]

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