Tag: Neste Oil

EU puts UPM NER300 biofuel project on reserve list and drops Stora Enso and Neste’s all together

EU puts UPM NER300 biofuel project on reserve list and drops Stora Enso and Neste’s all together

August 24, 2015 |

In Finland, Stora Enso and Neste Oil’s NER300 biodiesel demonstration project has been put on hold after the European Commission pulled funding. At first, three projects were expected for EU funding in Finland but in the end only one will be funded and Vapo Ajos was the winner. UPM’s planned project was supported by France […]

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Neste Oil produced nearly 1.3 million tons of renewable fuel from waste In 2014

Neste Oil produced nearly 1.3 million tons of renewable fuel from waste In 2014

March 9, 2015 |

In Finland, Neste Oil produced nearly 1.3 million tons (more than 420 million gallons) of renewable fuel from waste and residues in 2014. In practical terms, this is enough to power for two years all the 650,000 diesel-powered passenger cars in Finland with renewable NEXBTL diesel manufactured from waste and residues. All of the company’s […]

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Neste Oil: Biofuels Digest’s 2015 5-Minute Guide

Neste Oil: Biofuels Digest’s 2015 5-Minute Guide

January 29, 2015 |

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 had net sales of EUR 17.5 billion in 2013 and employs around 5,000 people. Neste Oil’s share […]

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Finland grants funds to Poet-DSM partners and Neste Oil for biofuels projects

Finland grants funds to Poet-DSM partners and Neste Oil for biofuels projects

December 22, 2014 |

In Finland, the government has granted EUR30 million to Bioethanol Finland to support the development of the company’s 90 million liter per year cellulosic ethanol plant. The facility will produce fuel from straw. Poet-DSM Advanced Biofuels is collaborating with the plant to utilize the company’s technology. The government also granted Neste Oil EUR3.3 million for […]

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Neste Oil changes tack on microbial oil R&D

Neste Oil changes tack on microbial oil R&D

October 9, 2014 |

In Finland, Neste Oil is to realign its long-term R&D and switch its emphasis from microbial oil research to other areas of technology for using forestry and agricultural waste. This type of waste will continue to play an important role in Neste Oil’s research strategy, and the company remains committed to its goal of further […]

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Neste Oil’s NEXBTL powered two major summer events

Neste Oil’s NEXBTL powered two major summer events

August 21, 2014 |

In Finland, Neste Oil’s NEXBTL renewable diesel was used to generate electricity at two major events in Finland this summer: the Flow Festival in Helsinki and the Neste Oil Rally Helsinki Battle street circuit race. NEXBTL diesel generated 45 percent of the electricity used at the Flow Festival and powered the machinery at the festival […]

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Neste Oil supplying NEXBTL to power Flow Festival

Neste Oil supplying NEXBTL to power Flow Festival

July 9, 2014 |

In Finland, Neste Oil is supporting the environmental goals of this year’s Flow Festival in Helsinki by supplying 100 percent NEXBTL renewable diesel to generate electricity for the event. Thanks to NEXBTL diesel produced from waste and residues, the Flow Festival will release up to 90 percent less greenhouse gas emissions that it would do using […]

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Neste Oil signs algae oil off-take contract with RAE

Neste Oil signs algae oil off-take contract with RAE

June 24, 2014 |

In Finland, Neste Oil and Renewable Algal Energy (RAE), a US-based algae biomass producer, have signed a contingent commercial algae oil off-take agreement. Algae oil is one of the alternatives being researched by Neste Oil for use as a feedstock for producing NEXBTL renewable diesel in the future. Cooperation with RAE is intended to secure […]

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Neste Oil: Biofuels Digest’s 2014 5-Minute Guide

Neste Oil: Biofuels Digest’s 2014 5-Minute Guide

March 24, 2014 |

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 fuel. The company had […]

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Cool Planet surges into leads in Transformative Technologies 2014 early voting

Cool Planet surges into leads in Transformative Technologies 2014 early voting

March 18, 2014 |

Fresh faces and major players among the early leaders as voting gets underway. In Florida, The Digest announced that Cool Planet is now leading in two categories in early-voting for Transformative Technologies 2014. The Colorado-based early stage company is ahead for Conversion technology (liquid) and Transformative biomased material. DuPont continues to lead for Organic Catalyst […]

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