Tag: Neste

Neste sees renewable diesel exports soaring to 20M tons over next decade

Neste sees renewable diesel exports soaring to 20M tons over next decade

March 31, 2020 |

In Singapore, Platts reports that Neste believes global demand for renewable diesel will soar to more than 20 million metric tons over the next decade from just 5 million tons last year thanks to demand for sustainable aviation fuel as well as for road transportation in addition to chemical and polymer demand. By mid-2022, the […]

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Neste ranked as most sustainable brand by Finnish consumers

Neste ranked as most sustainable brand by Finnish consumers

March 30, 2020 |

In Finland, Neste has been ranked as the most sustainable brand within the fuel industry according to Finnish consumers. The Sustainable Brand Index™ study interviewed a total of 9,480 Finnish consumers, aged 16 to 75, on several brands. The ranking shows how sustainable a brand is perceived to be by consumers, and why. The respondents evaluated […]

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Neste to acquire US-based UCO collector and recycler to secure feedstock supplies

Neste to acquire US-based UCO collector and recycler to secure feedstock supplies

March 11, 2020 |

In Finland, Neste has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. The transaction is subject to the fulfillment of customary closing conditions and regulatory approval. The transaction supports Neste in its effort to build a global waste and […]

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Borealis starts polypropylene production from Neste-produced renewable feedstock

Borealis starts polypropylene production from Neste-produced renewable feedstock

March 10, 2020 |

In Belgium, Borealis has started to produce polypropylene (PP) based on Neste-produced renewable feedstock in its production facilities in Kallo and Beringen, Belgium. This marks the first time that Borealis has replaced fossil fuel-based feedstock in its large-scale commercial production of PP. The Belgian plants were recently awarded by the International Sustainability and Carbon Certification […]

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Consortium to build 2.6 MW high temperature electrolyser for green hydrogen-based biofuels

Consortium to build 2.6 MW high temperature electrolyser for green hydrogen-based biofuels

March 10, 2020 |

In the Netherlands, Platts reports that the EU Horizon 2020-funded MULTIPLHY Project under development at Neste’s Rotterdam refinery will go ahead with CEA, Neste, Paul Wurth, Engie and Sunfire as partners. Partners will build a 2.6 MW high temperature electrolyser at the facility to produce green hydrogen that will in turn be used to produce […]

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Neste and Mirova invest $11.4M in UK’s Recycling Technologies

Neste and Mirova invest $11.4M in UK’s Recycling Technologies

March 9, 2020 |

In the UK, Neste and Mirova, a pioneer impact investor in the natural capital space and an affiliate of Natixis Investment Managers, announced a combined EUR10 million investment into Recycling Technologies Ltd, a specialist plastic recycling technology provider. The aim is to accelerate the development of chemical recycling and foster the transition to a circular […]

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Neste invests in Sunfire, tech developer of high-temperature electrolysis

Neste invests in Sunfire, tech developer of high-temperature electrolysis

March 8, 2020 |

In Finland, Neste acquired a minority stake in Sunfire GmbH, a Germany-based developer of high-temperature electrolysis technology. The company’s patented technology allows the production of renewable hydrogen as well as the direct conversion of water and CO2 into raw material for petrochemical products. In addition to Neste’s equity investment in Sunfire, both companies will work […]

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IKEA Finland looks to Neste’s renewable diesel for reaching emission-free deliveries by 2025

IKEA Finland looks to Neste’s renewable diesel for reaching emission-free deliveries by 2025

February 23, 2020 |

In Finland, Neste and IKEA Finland are offering lower emission home deliveries for Finnish consumers as IKEA gradually started using Neste MY Renewable Diesel in its home deliveries in the Helsinki capital region and around Raisio, a town in south-western Finland. Neste MY Renewable Diesel is already used annually for almost 25,000 home deliveries in […]

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Neste verifies MY Renewable Isoalkane as bio-based diluent for extracting metals

Neste verifies MY Renewable Isoalkane as bio-based diluent for extracting metals

February 5, 2020 |

In Finland, Neste and Outotec have jointly verified the viability of applying Neste MY Renewable Isoalkane as a fully bio-based diluent for extracting metals in hydrometallurgical processes. The diluent is based on Neste’s NEXBTL technology and produced entirely from bio-based waste and residue raw materials. Laboratory studies and pilot trials at the Outotec Research Center […]

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Neste and Outotec introduce 100% bio-based diluent for metals extraction

Neste and Outotec introduce 100% bio-based diluent for metals extraction

February 1, 2020 |

In Finland, Neste and Outotec have jointly verified the viability of applying Neste MY Renewable Isoalkane as a fully bio-based diluent for extracting metals in hydrometallurgical processes. The diluent is based on Neste’s NEXBTL technology and produced entirely from bio-based waste and residue raw materials. According to the press release, laboratory studies and pilot trials […]

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