In Finland, Neste, Borealis and MAM collaboratively announce an exciting product development made possible by value chain collaboration. MAM has been creating innovative and unique baby products such as soothers and baby bottles for more than 45 years, and has recently launched its first climate-neutral soother. The new MAM Original Pure soother is composed of […]
In Finland, March 1, 2022, Neste Corporation and Marathon Petroleum Corporation (Marathon) announced an agreement to establish a 50/50 joint venture to produce renewable diesel following a conversion project of Marathon’s refinery in Martinez, California (the Martinez Renewable Fuels project). All required closing conditions have been met, including the receipt of the necessary permits and regulatory […]
In Finland, building on its capability of proactive transformation, Neste has launched a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. Through co-processing and retrofitting of units, and benefiting from available refining assets, experience and know-how, Neste targets to significantly […]
In Greece, Neste and HELLENIC PETROLEUM Group have entered into an agreement for the commercial distribution of Neste MY Sustainable Aviation FuelTM on flights by Aegean Airlines, the leading air carrier in Greece. HELLENIC PETROLEUM Group, through its subsidiary EKO, will ensure the supply of Neste-produced sustainable aviation fuel (SAF) on AEGEAN flights departing from […]
In Ireland, Neste has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats. The transaction is subject to the fulfillment of customary closing conditions and regulatory approval. Together with the previously announced acquisitions of IH Demeter, Bunge Loders Croklaan and Count Terminal in the Netherlands, and Mahoney Environmental and Agri Trading […]
In France, Technip Energies has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste. The contract covers Engineering, Procurement services and Construction management (EPsCm) for the expansion of Neste’s existing renewables refinery […]
In Texas, for the first time in aviation history, a CORSIA-certified batch of sustainable aviation fuel (SAF) was delivered to a commercial airline. American Airlines took possession of a batch of Neste MY Sustainable Aviation FuelTM at San Francisco International Airport. Neste is the world’s leading SAF producer and delivered the batch as a part […]
In Belgium, Neste has purchased the European rights to Alterra Energy’s liquefaction technology, further solidifying the company’s efforts to advance chemical recycling. Alterra Energy is a US-based company that has developed a proprietary thermochemical solution for liquefaction of hard-to-recycle plastic. In Akron, Ohio, the company is already running an industrial-scale facility that transforms end-of-life plastics […]
In the Netherlands, Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. Neste’s current 1.4 million ton capacity for renewable products in Rotterdam is the largest in Europe. The Rotterdam […]
In Finland, development of high temperature electrolysis, CO2 capture, and hydrocarbon synthesis technologies have been completed in Business Finland funded Veturi E-fuel research project and the integrated technology is now ready for implementation. VTT and Neste have agreed to build a technology demonstration facility at VTT Bioruukki Pilot Centre, Espoo. The work has started by […]
