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Search Results for: renewable products
Neste to drive successful execution of its global growth strategy in renewable products with new organizational structure
(PRESS RELEASE) ESPOO, 19-Feb-2019 — /EuropaWire/ — Neste Corporation redesigns its organizational structure to strengthen its global growth strategy in renewable products. Neste will divide its growing Renewable Products business area into three business units and one operational platform each … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Finland, Industrial, Management, News
Tagged Neste, oil, Peter Vanacker, polymers, renewable, Renewable Chemicals, Renewable Products, sustainable
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
Continental Advances Sustainability in Automotive Aftermarket with New Eco-Friendly Products
(IN BRIEF) At Automechanika 2024, Continental unveiled new sustainable products, including the CONTI NXT Multi V-belt, made from nearly two-thirds recycled and renewable materials, and the ATE New Original brake line for electric vehicles. These innovations aim to reduce environmental … Read the full press release
Evonik Switches to 100% Renewable Energy for ROHACELL® Foam Production, Cutting 3,400 Tons of CO2 Annually
(IN BRIEF) Evonik has upgraded the production of its ROHACELL® high-performance foams at the Darmstadt site to use 100% renewable energy. This transition is expected to reduce the company’s CO2 emissions by 3,400 metric tons annually. The move is part … Read the full press release
Leading Renewable Energy Partnership: Polat Enerji and ENERCON Expand Collaboration with New Wind Farm Projects
(IN BRIEF) Polat Enerji, a leading wind energy investor in Türkiye, has expanded its partnership with ENERCON by signing contracts to add 110.5 MW of capacity across three new wind farm projects. These projects, which include advanced wind turbines and … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Turkey
Tagged Arif Günyar, Enercon, Neşet Özgür Cireli, partnership, Polat Enerji, renewable energy, sustaianbaility, Turkey, Uli Schulze Südhoff, wind farm projects
Plenitude and Ferriera Valsabbia Ink 10-Year Deal for Renewable Wind Energy Supply
(IN BRIEF) Plenitude has signed a 10-year Corporate Power Purchase Agreement (PPA) with Ferriera Valsabbia to supply energy from a 15MW wind farm in Sannicandro di Bari, Italy. Starting in September 2024, the wind farm will generate over 350 GWh … Read the full press release
Posted in Business, Construction, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, Metals and Minerals, News
Tagged Alessandro Della Zoppa, Eni, Ferriera Valsabbia, partnership, Plenitude, Renewable Wind Energy, Ruggero Brunori, sustainability
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
Scatec ASA and Partners Forge Renewable Ammonia Pact with Yara Clean Ammonia for Egypt
(IN BRIEF) Scatec ASA, in collaboration with ECHEM and MOPCO, has finalized a Heads of Terms agreement with Yara Clean Ammonia to secure the offtake of renewable ammonia produced in Egypt. The project involves developing up to 480 MW of … Read the full press release
Posted in Banks, Business, Chemicals, Environment, Financial, Government, Industrial, Investment, Luxembourg, Management, News, Norway
Tagged ammonia, EGYPT, Egyptian Petrochemicals Holding Company (ECHEM), EIB, Eng. Ahmed Mahmoud El-Sayed, Eng. Ibrahim Mekki, Gelsomina Vigliotti, H.E. Tarek El Molla, Hans Olav Raen, Misr Fertilizers Production Company (MOPCO), partnership, Scatec ASA, sustainability, Terje Pilskog, Yara, Yara Clean Ammonia
Lightsource bp Harnesses AI to Revolutionize Renewable Energy Solutions
(IN BRIEF) AI is crucial in scaling up the renewable energy industry, with Lightsource bp leveraging AI to address challenges like grid stability and asset protection. AI supports accurate forecasting, risk mitigation from extreme weather, and optimized site design. Lightsource … 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
ANDRITZ Plays Key Role in Expanding Türkiye’s Renewable Energy Infrastructure with Silvan Hydropower Plant
(IN BRIEF) The Turkish water authority, Devlet Su İşleri (DSI), has chosen international technology group ANDRITZ to provide electro-mechanical equipment for the new 160 MW Silvan hydropower plant in Türkiye. ANDRITZ will supply turbines, generators, and associated equipment for the … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Turkey
Tagged Andritz, Devlet Su İşleri (DSI), Frank Mette, partnership, Renewable Energy Infrastructure, Silvan Hydropower Plant, sustainability, Turkey
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
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
VELUX Group Achieves 100% Renewable Electricity Goal with Completion of Agri-PV Solar Park in Spain
(IN BRIEF) The VELUX Group celebrates the completion and full operation of a 54 MWp photovoltaic (PV) solar park in Alhendín, Spain, developed by BayWa r.e. under a Power Purchase Agreement (PPA). This innovative Agri-PV installation combines renewable energy generation … Read the full press release
Posted in Agriculture, Business, Denmark, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Spain, Technology
Tagged Agri-PV Solar Park, Daniel Gäfke, Kim Jonas, partnership, renewable electricity, Spain, sustainability, VELUX Group
EIF Commits EUR 30m to 123 Transition Energétique 2 Fund for Renewable Energy SMEs
(IN BRIEF) The European Investment Fund (EIF), under the InvestEU program, pledges EUR 30 million as a cornerstone investor to the 123 Transition Energétique 2 fund, managed by 123 Investment Managers and advised by Lendosphere. This fund aims to address … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Investment, Luxembourg, Management, News, Small Business
Tagged 123 IM, EIF, France, Laure Verhaeghe, Lendosphere, Marjut Falkstedt, partnership, renewable energy, SMEs, sustainability, Transition Energétique 2 Fund, Xavier Anthonioz
Drax Partners with ANDRITZ to Boost Renewable Energy Capacity at Cruachan Pumped Storage Plant
(IN BRIEF) Renewable energy company Drax has selected international technology group ANDRITZ as the main contractor for the upgrade of its Cruachan pumped storage power plant in Scotland. The project entails the installation of two new generating units, including pump … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, United Kingdom
Tagged Andritz, Cruachan Pumped Storage Plant, Dominik Fust, Drax, partnership, Penny Small, Renewable Energy Capacity, sustainability, UK
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
TotalEnergies and Vanguard Renewables Forge Joint Venture to Boost Renewable Natural Gas Projects Across the US
(IN BRIEF) TotalEnergies and Vanguard Renewables have established an equally owned joint venture to accelerate the development, construction, and operation of Farm Powered® renewable natural gas (RNG) projects in the United States. The agreement, signed in New York, marks a … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, France, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Doug Vaccari, Larry Fink, Neil H. Smith, Olivier Guerrini, partnership, Patrick Pouyanné, Renewable Natural Gas Projects, sustainability, TotalEnergies, US, Vanguard Renewables
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 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
STMicroelectronics Secures Renewable Energy Contract for Italian Operations
(IN BRIEF) STMicroelectronics, a global semiconductor leader, has inked a ten-year Power Purchase Agreement (PPA) with Centrica Energy for the supply of renewable energy to its Italian operations, starting from January 2025. The agreement, based on approximately 61 GWh of … Read the full press release
Posted in Business, Denmark, Electronics & Machinery, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Switzerland, Technology
Tagged Centrica Energy, Geoff West, Italy, Kristian Gjerløv-Juel, partnership, renewable energy, STMicroelectronics, sustainability, UK
Intesa Sanpaolo Partners with A2A to Power Operations with Renewable Energy
(IN BRIEF) In its ongoing commitment to reduce emissions and align with its ESG strategy, Intesa Sanpaolo has signed an agreement with A2A to procure electricity from renewable sources. This agreement, spanning ten years, will see Intesa Sanpaolo sourcing around … Read the full press release
VELUX Achieves 100% Renewable Electricity and Significant Emission Reductions in 2023 Sustainability Report
(IN BRIEF) In their recently launched 2023 Sustainability Report, VELUX showcased remarkable progress in reducing emissions and advancing sustainability initiatives. By securing 100% documented renewable electricity and cutting emissions from their own operations by 16% compared to 2022, VELUX is … Read the full press release
Evonik’s DEGACRYL® Specialty Acrylate Production Goes Green with Renewable Energy
(IN BRIEF) Evonik’s Coating & Adhesive Resins Business Line in Darmstadt, Germany, has transitioned its production of DEGACRYL® specialty acrylates to renewable energy sources, reducing annual CO2 emissions by approximately 1,400 metric tons. This move aligns with the business line’s … Read the full press release
Borealis and AKVA Group Launch World’s First Renewable Plastic Workboat Hull, Redefining Aquaculture Sustainability
(IN BRIEF) Borealis and AKVA Group have collaborated to introduce a groundbreaking innovation in sustainable aquaculture: the world’s first workboat hull crafted from renewable plastic. Utilizing Borealis’ Bornewables™ range of renewable polyolefins, AKVA Group’s iconic Polarcirkel series now boasts a … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Investment, News, Norway, Transportation & Logistics
Tagged AKVA Group, aquaculture, Borealis, Freddy Bakken Braseth, John Webster, Norway, partnership, Renewable Plastic Workboat Hull, sustainability
Lloyds Banking Group and Low Carbon Forge Decade-Long Renewables Pact
(IN BRIEF) Lloyds Banking Group has entered a 10-year Power Purchase Agreement (PPA) with Low Carbon, a global renewable energy company, to procure 50 GWh of clean electricity annually from two UK solar farms. This agreement is a significant step … Read the full press release
Vattenfall and Borealis Forge Renewable Energy Partnership to Drive Decarbonization
(IN BRIEF) Vattenfall and Borealis have entered into a groundbreaking long-term renewable hydropower purchase agreement (PPA) aimed at bolstering sustainability efforts. Starting January 2024, Vattenfall commenced supplying Borealis’ Stenungsund operations with 175 GWh per year of renewable energy sourced from … Read the full press release
Euronext Welcomes Espe’s Renewable Energy Solutions to Milan Market
(IN BRIEF) Espe, an energy company based near Padua, Italy, has been listed on Euronext Growth Milan, marking its third listing in 2024 and the sixth overall on Euronext this year. The company specializes in industrial electrical and automation systems, … 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
OMV Petrom Expands Renewable Portfolio with 1 GW Capacity and Dominant EV Charging Network Acquisition
(IN BRIEF) OMV Petrom, Southeast Europe’s largest integrated energy company, is set to acquire a 50% stake in Electrocentrale Borzesti, which holds a 1 GW capacity of renewable projects, including 950 MW of wind and 50 MW of photovoltaic, in … Read the full press release
Posted in Austria, Business, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Romania
Tagged acquisition, Aurel Arion, Christina Verchere, Electrocentrale Borzesti, OMV Petrom, partnership, Renovatio, Romania, sustainability
INEOS Inovyn Expands PVC Portfolio with Low Carbon and Recycled Products
(IN BRIEF) INEOS Inovyn has announced an expansion of its PVC portfolio, introducing new products designed to address society’s everyday needs with a reduced carbon footprint and increased recycled content. The company’s BIOVYNTM, a bio-attributed PVC, aims to become carbon-neutral, … Read the full press release
Posted in Business, Chemicals, Economy, Environment, Financial, Industrial, Investment, Management, News, Technology, United Kingdom
Tagged Arnaud Valenduc, BIOVYNTM, INEOS Inovyn, low carbon, NEOVYN, partnership, PVC Portfolio, RECOVYNTM, Recycled Products, sustainability
EIB Provides €46 Million Loan to Ingeteam for Renewable Energy Integration Research
(IN BRIEF) The European Investment Bank (EIB) and Ingeteam, a Spanish company specializing in electrical engineering and equipment development, have signed a €46 million loan agreement for a two-year investment plan. The plan focuses on research, development, and innovation (RDI) … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Luxembourg, Management, News, Spain
Tagged Adolfo Rebollo, EIB, Ingeteam, Integration Research, partnership, renewable energy, Ricardo Mourinho Félix, Spain, sustainability
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 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
Valio and St1 Joint Venture Explores Expansion of Biogas Plant Complexes for Renewable Energy Production
(IN BRIEF) Suomen Lantakaasu Oy, a joint venture between Valio and St1, is actively investigating the development of new biogas plant complexes in various regions. Currently, the construction of potential new plant complexes is under consideration in the Kokkola-Pietarsaari, Nivala-Haapavesi, … Read the full press release
Green Finance Facility Launches in North Macedonia to Promote Renewable Energy and Energy Efficiency Investments
(IN BRIEF) A new Green Finance Facility (GFF), valued at €30 million, has been introduced in North Macedonia to provide small and medium-sized enterprises (SMEs) and creditworthy underserved individuals and households with loans for renewable energy and energy efficiency projects. … Read the full press release
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Financial, Industrial, Infrastructure & Utilities, Investment, Management, News, Small Business, United Kingdom
Tagged Aleksandra Vukosavljevic, Armen Grigoryan, Dmitry Mariyasin, Fatmir Bytyqi, Green Finance Facility, investments, NORTH MACEDONIA, partnership, Rania Sharshr, renewable energy, Rossana Dudziak, SMEs, sustainability
Evonik’s Mobile Site Achieves ISCC PLUS Certification for Renewable Isophorone Production
(IN BRIEF) Evonik’s Mobile, Alabama site has earned the prestigious ISCC PLUS sustainability certificate for its pioneering use of renewable acetone in the production of isophorone-based products, allowing Evonik to introduce its VESTA eCO series to the U.S. market. By … Read the full press release
Posted in Awards, Business, Chemicals, Environment, Financial, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged Alabama, Award, Christian Schmidt, Crosslinkers, Evonik, ISCC PLUS certification, Isophorone, John Duggan, Mobile, partnership, renewable, sustainability, VESTA eCO
Borealis Partners with Alpiq for Long-Term Renewable Energy Supply from Finnish Wind Farm
(IN BRIEF) Borealis, a leading provider of sustainable polyolefin solutions and base chemicals, has forged a long-term Power Purchase Agreement (PPA) with Alpiq, a Swiss energy services provider and European electricity producer. Under this agreement, starting from early 2024, Alpiq … Read the full press release
Posted in Austria, Business, Chemicals, Energy, Gas & Oil, Financial, Finland, Government, Industrial, Investment, Management, News, Switzerland
Tagged Alpiq, Borealis, Finnish, Matti Ahtosalo, partnership, renewable energy, sustainability, wind farm, Wolfram Krenn