Neste’s Inventors Honored with European Inventor Award for Transforming Waste into Renewable Solutions

Photo: Neste’s Annika Malm, Pia Bergström, Jukka-Pekka Pasanen, Jukka Myllyoja and Blanka Toukoniitty have been honored with the European Inventor Award 2023 in the Industry category. Source: European Patent Office

(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable solutions, has announced that its inventors have been honored with the European Inventor Award 2023 in the Industry category. The award, presented by the European Patent Office, recognizes Neste’s inventors for their work in converting waste and residues into high-quality renewable solutions. Neste views innovation as a driving force for its growth and success, and this recognition further motivates the company to continue pushing the boundaries of innovation and developing novel solutions for evolving industry challenges.

(PRESS RELEASE) ESPOO, 4-Jul-2023 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading producer of sustainable aviation fuel and renewable diesel, and renewable feedstock solutions for various polymers and chemicals industry uses, proudly announces that its inventors have been awarded the prestigious European Inventor Award 2023 in the Industry category. The European Patent Office (EPO) presented the award at a ceremony held in Valencia, Spain, on July 4, 2023.

The winning team from Neste’s innovation community includes inventors Pia Bergström, Senior Specialist, Feedstock; Annika Malm, Senior Associate; Jukka Myllyoja, R&D Fellow; Jukka-Pekka Pasanen, Senior Associate; and Blanka Toukoniitty, Technical Support Lead, Feedstock Growth. They were recognized for their remarkable contributions in converting waste and residues into high-quality renewable solutions. Their innovative work and related patents have been instrumental in driving Neste’s growth and success in this field.

“Gratitude is uppermost in our minds – we highly appreciate this award. We wish to express our heartfelt thanks to each collaborator who has contributed with their know-how, dedication, and unwavering support into Neste’s extraordinary achievement on converting waste and residues into high-quality renewable solutions. This award is a reward of our cooperation and long-term hard work towards the common company goals,” says Neste’s winning team.

“As a company, we are thrilled and honored to receive the European Inventor Award. This recognition reflects intelligence, passion, and relentless pursuit of excellence of our innovation community. It further reinforces our commitment to innovation and our position as a leading industry player. I would like to warmly congratulate the winners for the award and thank them for their contribution to the company’s success,” says Lars Peter Lindfors, Executive Vice President, Innovation at Neste.

Neste remains committed to advancing research, development, and innovation as crucial drivers of its future success. The company aims to develop novel solutions that address emerging challenges and contribute to industry development. This esteemed recognition serves as a powerful motivation for Neste to continue pursuing excellence and pushing the boundaries of innovation.

Neste Corporation

Susanna Sieppi
Vice President, Communications

Further information: Please contact Neste’s media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.

Read more about the European Inventor Award: https://inventoraward.epo.org

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We are committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We have also set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste’s revenue stood at EUR 25.7 billion. Read more: neste.com

SOURCE: Neste Corporation