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Search Results for: Neste
ST Telemedia Global Data Centres Switches to Neste’s Renewable Diesel in Singapore
(IN BRIEF) ST Telemedia Global Data Centres (STT GDC) has become the first data center operator in Singapore to power its backup generators with Neste MY Renewable Diesel™, thanks to a collaboration with Neste. The switch, made in July 2024, … Read the full press release
French Government Greenlights Neste’s Renewable Diesel for Public Fuel Stations
(IN BRIEF) Neste celebrates a pivotal regulatory milestone as the French government approves the sale of 100% renewable transport fuels, including Neste’s renewable diesel, at all public fuel stations across France. This decision expands access beyond logistics companies to private … Read the full press release
Neste and Partners Introduce Neste MY Renewable Diesel™ for Sustainable River Cruises in the Netherlands
(IN BRIEF) Neste, in collaboration with OK Slurink and Scylla, has launched an initiative to enhance sustainability in the river cruise industry in the Netherlands. Since February 2024, OK Slurink has been supplying Neste MY Renewable Diesel™ to Scylla’s fleet … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, Netherlands, News, Transportation & Logistics
Tagged Alwin Slurink, Marc Wouters, Neste, Neste MY Renewable Diesel™, OK Slurink, partnership, Robert Reitsma, Scylla, sustainability, Sustainable River Cruises, the Netherlands
Neste and Valtra Partnership: Driving Global Sustainability with Renewable Diesel
(IN BRIEF) In a significant stride towards sustainability, Finnish tractor manufacturer Valtra, a division of AGCO Corporation, proudly announces the utilization of 5 million liters of Neste MY Renewable Diesel™ at its Suolahti factory in Finland. Collaborating with Neste since … Read the full press release
Neste’s Porvoo Refinery: Major Turnaround Concludes with €390 Million Investment, Sustains Uninterrupted Operations
(IN BRIEF) Neste’s Porvoo refinery in Finland successfully concluded a major turnaround, highlighting a strategic shift to shorter maintenance intervals for enhanced cost-effectiveness and risk management. With over 7,600 individuals involved and 1.4 million working hours invested, the refinery emerged … Read the full press release
Neste’s Green Finance Milestones: Accelerating Sustainable Solutions
(IN BRIEF) Neste has released its annual Green Finance Report for 2023, showcasing its dedication to combatting climate change and advancing toward a circular economy. In 2023, Neste achieved significant milestones in its sustainable funding journey, including the establishment of … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, Hanna Maula, investment, Martti Ala-Härkönen, Neste, sustainability
Germany Approves Unrestricted Sales of 100% Renewable Diesel, Neste Celebrates Milestone
(IN BRIEF) Germany’s recent approval of unrestricted sales of 100% renewable diesel, following the DIN EN 15940 fuel standard, marks a significant milestone in the country’s journey towards decarbonizing its transport sector. Neste, a leading producer of renewable fuels, welcomes … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News
Tagged Germany, Jörg Hübeler, Neste, partnership, renewable diesel, sustainability
Neste, Marubeni, and Resonac Collaborate for Renewable Olefins Production
(IN BRIEF) Neste, Marubeni Corporation, and Resonac Corporation have formed a partnership to facilitate the production of renewable olefins and derivatives. Through this agreement, Neste’s renewable feedstock, Neste RE™, will be utilized by Resonac at its Oita Complex in Japan, … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hanna Maula, Hirotsugu Fukuda, Japan, Marubeni, Neste, Olefins, partnership, renewable, Resonac, sustainability, Yoshiaki Yokota
Neste Partners with Exponential Roadmap Initiative to Drive Climate Action
(IN BRIEF) Neste, a global leader in sustainable aviation fuel and renewable diesel production, has initiated a collaboration with the Exponential Roadmap Initiative (ERI) to align its climate efforts with the UN Climate Change High-Level Champion’s Race to Zero. This … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged Climate Action, Exponential Roadmap Initiative, Johan Falk, Neste, Päivi Makkonen, partnership, sustainability
Neste Navigates Resiliently Through Challenging First Quarter in Renewables Market
(IN BRIEF) Neste, a leader in renewable fuels and circular economy solutions, unveiled its first-quarter 2024 results, demonstrating resilience amidst a weak renewables market. Despite challenges, the company reported a comparable EBITDA of EUR 551 million, reflecting a proactive approach … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged Financial, investment, Matti Lehmus, Neste, Renewables Market
Neste Recognizes Global Contractors with Contractor Safety Award During Safety Week
(IN BRIEF) Neste, a leading provider of renewable fuels and sustainable solutions, has honored several contractors globally with the Contractor Safety Award as part of its annual Safety Week, commencing on April 22. The award acknowledges contractors’ outstanding safety commitment … Read the full press release
Posted in Awards, Business, Energy, Gas & Oil, Finland, Industrial, Management, News, Security & Safety
Tagged Award, Contractor Safety Award, Global Contractors, Hannele Jakosuo-Jansson, Neste, safety, Safety Week
Neste RE™: Revolutionizing Plastics Manufacturing with Renewable and Recycled Feedstock
(IN BRIEF) Neste, a global leader in renewable fuels and sustainable feedstock, is showcasing its Neste RE™ feedstock at Chinaplas 2024 in Shanghai. Neste RE™, derived from bio-based and chemically recycled materials, offers a significant reduction in the carbon footprint … Read the full press release
Posted in Business, Chemicals, Environment, Financial, Finland, Government, Industrial, Investment, Management, Media, News
Tagged Carrie Song, Neste, Neste RE™, Plastics Manufacturing, Renewable and Recycled Feedstock, sustainability
Neste Successfully Converts Discarded Tires into High-Quality Raw Material for Chemicals and Plastics
(IN BRIEF) Neste has achieved a significant milestone in chemical recycling by processing pyrolysis oil derived from discarded vehicle tires, supplied by Scandinavian Enviro Systems, into high-quality raw material for new plastics and chemicals at its refinery in Porvoo, Finland. … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News, Science, Sweden, Technology
Tagged Andreas Teir, chemicals, Discarded Tires, Enviro Systems, High-Quality Raw Material, Neste, partnership, plastics, pyrolysis oil, recycling, Susanna Sieppi, sustainability, Sweden
Neste and New Jersey Natural Gas Collaborate to Slash Greenhouse Gas Emissions with Renewable Diesel
(IN BRIEF) Neste, a global leader in renewable diesel production, teams up with New Jersey Natural Gas (NJNG) to tackle greenhouse gas emissions by adopting Neste MY Renewable Diesel™ for NJNG’s medium-duty trucks and equipment fleet. This initiative marks NJNG … Read the full press release
Neste Announces Completion of Organizational Merger and Restructuring
(IN BRIEF) Neste has finalized its organizational restructuring, merging its three renewable business units into one and restructuring functions to align with business-driven operations. The move aims to enhance cost-efficiency, competitiveness, and execution of growth strategy. Approximately 400 job roles … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management
Tagged Neste, organizational change, renewable energy, restructuring, Susanna Sieppi
Neste Launches ‘Neste Impact’ to Enable Businesses to Slash Aviation Emissions
(IN BRIEF) Neste, a global leader in sustainable solutions, introduces “Neste Impact,” a groundbreaking emission reduction solution empowering businesses to curtail their air travel-related carbon footprint. By purchasing Neste MY Sustainable Aviation Fuel™, companies can achieve up to an impressive … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Travel
Tagged 'Neste Impact', Aviation, emissions, Kristina Öström, Neste, SAF, Susanna Sieppi, sustainability
Neste Corporation Releases Comprehensive Annual Report for 2023, Compliant with ESEF Reporting Standards
(IN BRIEF) Neste Corporation has officially published its Annual Report for the year 2023, available in Finnish and English on the company’s website. The report encompasses key sections such as the Strategy and Business Review, Sustainability Report, Corporate Governance Statement, … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Management
Tagged Annual Report 2023, Communications, compliance, corporate governance, corporate transparency, ESEF, European Single Electronic Format, Extensible Hypertext Markup Language, Financial Statements 2023, KPMG Oy Ab, Neste Corporation, Remuneration Report 2023, Reporting Requirements, Sustainability Report, XHTML) XBRL Tags
Experienced Professional Hanna Maula Joins Neste as VP of Communications
(IN BRIEF) Hanna Maula, an experienced professional in communications and brand management, has been appointed as Vice President of Communications and Brand at Neste, effective no later than June 1, 2024. She will report directly to Hannele Jakosuo-Jansson, Executive Vice … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, Marketing, Media
Tagged appointment, Communications, Hanna Maula, Hannele Jakosuo-Jansson, Neste, UPM
Neste Launches High-Power Charging Stations to Accelerate Electrification of Heavy-Duty Vehicles in Finland
(IN BRIEF) Neste takes a significant step towards accelerating the electrification of heavy-duty vehicles (HDVs) in Finland by introducing its first high-power charging stations for business customers. Located at the Neste Janakkala Linnatuuli service station along highway 3, these charging … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged DB Schenker, electrification, Finland, Harald Knaapinen, heavy duty vehicles, high-power charging stations, Janakkala Linnatuuli, Janne Silvonen, Neste, partnership, Risto Karppinen, sustainability, Volvo Trucks
Neste Holds Strong as Finland’s 2nd Most Valuable Brand: Brand Finance Ranking 2024
(IN BRIEF) Neste maintains its position as the second most valuable Finnish brand for the third consecutive year, according to the latest Brand Finance Finland 25 2024 ranking. The world’s leading independent brand valuation consultancy, Brand Finance, reports a 13% … Read the full press release
Posted in Awards, Energy, Gas & Oil, Environment, Finland, Industrial, Management, News
Tagged 2nd Most Valuable Brand, Awards, Brand Finance Ranking 2024, Finland, Neste, sustainability
Amelia Airlines Elevates Sustainability with Neste’s Sustainable Aviation Fuel
(IN BRIEF) Neste and French regional airline Amelia have entered into a partnership to use blended Neste MY Sustainable Aviation Fuel™ (SAF). Starting from January 1, 2024, Amelia has been using this sustainable aviation fuel for all flights departing from … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Finland, France, Industrial, Netherlands, Transportation & Logistics
Tagged Adrien Chabot, Alain Regourd, Alexander Kueper, Amelia, Amsterdam Airport Schiphol, Neste, Neste MY Sustainable Aviation Fuel™, reduce greenhouse gas emissions, ReFuelEU Aviation regulation, renewable aviation fuel, SAF, sustainable aviation fuel
Neste Recognized with Leadership Status and A− Rating by CDP for Climate Actions
(IN BRIEF) Neste has achieved Leadership status and an A− rating for its climate actions in the annual assessment conducted by the global non-profit organization CDP. This recognition is for Neste’s environmental transparency and climate performance. The company has consistently … Read the full press release
Renewable Heating Solution: Neste and PVG’s Co-Processed Kerosene
(IN BRIEF) Neste has joined forces with PVG, a leading European home climate solutions provider, to introduce a sustainable heating liquid for portable fuel heaters. The co-processed odorless heating kerosene from Neste offers consumers a cleaner alternative to fossil-based heating … Read the full press release
Eppendorf’s BioBased Lab Consumables Offer Sustainable Alternatives Powered by Neste
(IN BRIEF) Eppendorf, a laboratory equipment manufacturer, has partnered with Neste, a renewable solutions company, to create Eppendorf Consumables BioBased, a line of lab consumables made from 100% renewable raw materials. These products, including tubes and pipette tips, offer a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Science, Technology
Tagged Brigitte Klose, consumables, Eppendorf, Eppendorf Consumables BioBased, lab plastics, lab products, laboratory equipment, Life Science, Maria Carcolé, Neste, Neste RE™, renewable plastic lab consumables, renewable raw materials, sustainable
Renewable Energy Boost: Neste Secures Solar Power Supply for Porvoo Operations
(IN BRIEF) Neste, a global renewable fuels and sustainable solutions leader, has signed an important solar power purchase agreement with CPC Finland Oy. This deal will provide solar power to Neste’s Porvoo refinery in Finland, starting in spring 2024. The … Read the full press release
Neste Collaborates with Altens and Bolloré Energy to Introduce Renewable Diesel in France
(IN BRIEF) Neste is teaming up with French fuel distributors Altens and Bolloré Energy to introduce Neste MY Renewable Diesel™ to the French market starting in January 2024. This collaboration aims to significantly reduce greenhouse gas emissions in the transportation … Read the full press release
Posted in Energy, Gas & Oil, Environment, France, Industrial, Transportation & Logistics
Tagged Altens, biofuels, Bolloré Energy, climate change, France, hydrogen, Mohamed Bennama, Neste, Neste MY Renewable Diesel™, Peter Zonneveld, reduction of greenhouse gas emission, renewable diesel, Thibaut de Rivoire
Neste and Emirates Team Up for Groundbreaking Air Travel with A380 SAF Engine Trial
(IN BRIEF) Emirates has conducted a pioneering Airbus A380 demonstration flight with one engine powered by Neste’s sustainable aviation fuel (SAF). This milestone demonstrates SAF’s compatibility and potential as a sustainable alternative to traditional jet fuel. The flight, which took … Read the full press release
Posted in Aviation & Aerospace, Energy, Gas & Oil, Environment, Finland, Industrial, Transportation & Logistics
Tagged Adel al Redha, Airbus, Airbus A380, demonstration flight, Dubai International Airport, Emirates, Engine Alliance, ENOC, international airlines, Jonathan Wood, Neste, Pratt & Whitney, renewable aviation fuel, renewable jet fuel, SAF, sustainable aviation fuel, Virent
Neste and Hightowers Petroleum Partner to Provide High-Quality Renewable Diesel in Midwest
(IN BRIEF) Neste has teamed up with Hightowers Petroleum to offer Neste MY Renewable Diesel™ in the Midwest region. This strategic partnership aims to meet the growing demand for lower-emission fuels, particularly from the automotive industry. Neste MY Renewable Diesel, … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged Carrie Song, Hightowers Petroleum, Midwest, Neste, partnership, renewable diesel, Stephen Hightower, sustainability, USA
Neste, Mitsui Chemicals, and Prime Polymer Collaborate to Create Sustainable Food Packaging for CO-OP
(IN BRIEF) Neste, Mitsui Chemicals, and Prime Polymer have joined forces to develop sustainable food packaging solutions for CO-OP, a brand under the Japanese Consumers Co-operative Union (JCCU). In the initial phase of this partnership, bio-based raw materials will replace … Read the full press release
Posted in Business, Chemicals, Economy, Energy, Gas & Oil, Environment, Financial, Finland, Food & Beverage, Government, Industrial, Investment, Management, News, Technology
Tagged Co-op, Food Packaging, Japan, Japanese Consumers Co-operative Union (JCCU), Lilyana Budyanto, Mitsui Chemicals, Neste, partnership, Prime Polymer, sustainability
Neste Announces Restructuring Plans to Boost Efficiency and Growth
(IN BRIEF) Neste, a renewable energy company, is undergoing organizational changes to enhance cost-efficiency and long-term competitiveness. It plans to merge renewable business units, resulting in 400 job cuts and EUR 50 million in annual savings, aiming for over MEUR … Read the full press release
Investor Conference: Neste’s Q3 2023 Earnings Report Date Revealed
(IN BRIEF) Neste, a leader in renewable and sustainable solutions, will release its financial results for the third quarter of 2023 on October 26, 2023, at 9 a.m. (EET) on its website. Additionally, Neste will host an investor conference call … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Management
Tagged analysts, conference call, financial results, investors, Neste
Neste, ISCC, and DHL Collaborate to Enhance Transparency in Sustainable Aviation Fuel Emission Reduction Reporting
(IN BRIEF) Neste, ISCC, and DHL Group have partnered to develop and pilot the ISCC Credit Transfer System, a registry-based system that enables transparent and credible reporting of emission reductions achieved through the use of sustainable aviation fuel (SAF). The … Read the full press release
Posted in Aviation & Aerospace, Business, Energy, Gas & Oil, Environment, Germany, Industrial, Management, News, Technology, Transportation & Logistics
Tagged DHL, Dr. Klaus Hufschlag, Emission Reduction, ISCC, Jonathan Wood, Neste, partnership, Prof. Dr. Gernot Klepper, sustainability, sustainable aviation fuel
Shareholder Value: Neste Declares Second Extraordinary Dividend of EUR 0.25
(IN BRIEF) Neste, a Finnish company, has decided to pay a second extraordinary dividend of EUR 0.25 per share, in addition to the regular dividend approved at its Annual General Meeting in March. The second extraordinary dividend will be paid … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management
Tagged AGM, Annual General Meeting, dividend, extraordinary dividend, Neste, shareholder
USDA Acknowledges Error in Biofuels Annual Report, Confirms Neste’s Compliance
(IN BRIEF) The USDA has publicly acknowledged an error in its Biofuels Annual Report, specifically regarding allegations of fraudulent used cooking oil (UCO) volumes received by Neste at its Singapore refinery from China. Representatives from the USDA confirmed that the … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Government, Industrial, Law, Management, News
Tagged biofuels, Neste, sustainability, USDA
Neste’s Q3 Outlook Brightens as Oil Products Margin Surges; Equipment Inspection Slows Singapore Refinery Expansion
(IN BRIEF) Neste, a leading energy company, has reported an improved outlook for its Oil Products segment’s margin in the third quarter of 2023. Despite the ongoing volatility in oil markets, margins for diesel and gasoline in Northwest Europe have … Read the full press release
Posted in Business, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, News
Tagged expansion, Financial, Neste, oil products, refinery, Singapore, Susanna Sieppi
Neste Addresses USDA Report on Suspected Fraudulent Palm Oil Shipments as Company Continues to Uphold Supply Chain Integrity
(IN BRIEF) The USDA Biofuels Annual Report for September 2023 suggests that Neste, a renewable products refinery in Singapore, may have received fraudulent volumes of used cooking oil (UCO), specifically virgin palm oil from Indonesia, exported fraudulently as UCO via … Read the full press release
Posted in Agriculture, Business, Energy, Gas & Oil, Finland, Management, News
Tagged Fraudulent Palm Oil Shipments, Neste, Singapore, USDA Report
Neste Appoints Members to Shareholders’ Nomination Board for Key Governance Decisions
(IN BRIEF) Neste has appointed members to its Shareholders’ Nomination Board, including representatives from key stakeholders. The Nomination Board plays a crucial role in proposing potential Board members and determining Board remuneration and size for the Annual General Meeting. The … Read the full press release
Posted in Business, Energy, Gas & Oil, Finland, Industrial, Management, News
Tagged appointment, Jouko Pölönen, leadership, Maija Strandberg, Matti Kähkönen, Neste, shareholders, Susanna Sieppi, Timo Sallinen
Cologne Bonn Airport Shifts Ground Fleet to Neste MY Renewable Diesel™, Reducing Emissions and Advancing Sustainability
(IN BRIEF) Cologne Bonn Airport has transitioned its diesel-powered ground fleet to Neste MY Renewable Diesel™, a renewable diesel made from 100% renewable raw materials. This switch is particularly important for vehicles that cannot be easily electrified, such as the … Read the full press release
Neste Partners with Suntory, ENEOS, and Mitsubishi to Produce Renewable PET Resin
(IN BRIEF) Neste has formed a collaboration with Suntory, ENEOS, and Mitsubishi Corporation to produce PET (Polyethylene Terephthalate) resin using Neste’s renewable feedstock, Neste RE™, on a commercial scale. Neste RE is derived from bio-based raw materials like waste and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Management, News
Tagged ENEOS, Lilyana Budyanto, Mitsubishi, Neste, Neste RE™, partnership, PET Resin, renewable, Suntory, Susanna Sieppi, sustainability
Neste’s Singapore Refinery Expansion Resumes Renewable Diesel Production After Repairs
(IN BRIEF) Neste has announced the resumption of renewable diesel production at its Singapore refinery expansion in early August, following an equipment-related shutdown in June. The company is working to ramp up production at the expanded facility, with plans to … Read the full press release