(IN BRIEF) DHL Group has partnered with Neste to explore renewable solutions, such as renewable diesel and sustainable aviation fuel (SAF), to help the company achieve its goal of net-zero greenhouse gas emissions by 2050. The collaboration aims to reduce … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged 2030 targets, air transportation, carbon footprint, Carl Nyberg, decarbonization, DHL Group, electrification, emission reductions, greenhouse gas emissions, HVO100, ISCC Credit Transfer System, last-mile delivery, logistics, Neste, net-zero emissions, partnership, renewable diesel, renewable fuels, road transportation, SAF, sustainability, sustainable aviation fuel, sustainable aviation fuel deliveries, sustainable fuels, Yin Zou
(IN BRIEF) DHL Express has signed a landmark deal with Cosmo Oil Marketing Co. Ltd. to purchase 7.2 million liters of Sustainable Aviation Fuel (SAF) annually, set to begin in April 2025. This move will mark the first SAF-powered cargo … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Germany, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology, Transportation & Logistics
Tagged BP, Central Japan International Airport, Cosmo Energy Holdings Co., Cosmo Oil Marketing Co. Ltd., decarbonization, DHL Express, electrification of delivery vehicles, emission-reduced air freight, environmental impact, GoGreen Plus, international express industry, Japan, Koji Moriyama, Ltd., Nagoya Airport, Neste, net-zero greenhouse gas emissions, partnership, Saffaire Sky Energy LLC, Scope 3 greenhouse gas emissions, sustainability, sustainable aviation fuel (SAF), Tony Khan, World Energy
(IN BRIEF) Neste has partnered with Italian fuel distributor Firmin to introduce Neste MY Renewable Diesel™ to Italy, starting in January 2025. This collaboration aims to reduce greenhouse gas emissions in the transport sector by offering a sustainable, renewable diesel … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Italy, Management, News, Transportation & Logistics
Tagged California LCFS, Commercial, construction companies, diesel engines, EMEA, Emissions Reduction, environmental impact, EU RED II, Europe, Firmin, fleet investment, Fleet operators, fossil diesel, greenhouse gas emissions, greenhouse gas emissions reduction, Italy, January 2025, lifecycle, logistics companies, lower-emission fuels, Manuel Minzocchi, Neste, Neste MY Renewable Diesel, Nicola Minzocchi, partnership, Per Emanuelson, public fleets, renewable diesel, renewable energy solutions, renewable raw materials, sustainability, sustainable, sustainable transportation, transport sector, waste oils
(IN BRIEF) Neste has introduced co-processed Neste RE, a new renewable feedstock for the polymers and chemicals industry. Produced by co-processing renewable raw materials like used cooking oil with fossil crude oil at its Porvoo refinery, this feedstock offers a … Read the full press release
Posted in Agriculture, Business, Chemicals, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Management, News
Tagged chemicals, feedstock, Jeroen Verhoeven, Neste, Neste RE™, partnership, polymers, sustainability
(IN BRIEF) Neste and AT-Tuote have partnered to launch AT Fossil Free Multi Oil, a multipurpose oil made with over 90% renewable content from Neste RE™ feedstock. This collaboration aims to reduce the product’s carbon footprint by over 85% compared … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Investment, Management, News
Tagged AT-Tuote, Jeroen Verhoeven, Jorma Virtanen, Multipurpose Oil, Neste, Neste RE™, partnership, Renewable Content, sustainability
(IN BRIEF) Neste and Finland’s ice hockey league, Liiga, have partnered to use Neste MY Renewable Diesel™ for team bus travel during the 2024–2025 season, reducing CO₂ emissions by approximately 6,400 tons—equivalent to the annual carbon footprint of 500-600 Finns. … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Management, News, Sports, Transportation & Logistics, Travel
Tagged emissions, Hockey Season, Joni Pihlström, Liiga, Neste, partnership, renewable diesel, sports, sustainability, travel, Vili Nurmi
(IN BRIEF) Neste has announced a new Leadership Team to enhance operational efficiency and performance, effective immediately. Heikki Malinen, President and CEO, will also lead Neste’s Renewable Products business area. Markku Korvenranta has been appointed Executive Vice President of Oil … Read the full press release
(IN BRIEF) Neste has partnered with Verne, a leading data center provider in Finland, to power Verne’s backup generators with Neste MY Renewable Diesel™, a fuel made from 100% renewable raw materials like animal fat and used cooking oil. By … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, News, Technology
Tagged Backup Generators, Finland, Joni Pihlström, Kim Gunnelius, Neste, partnership, renewable diesel, sustainability, Verne Data Centers
(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
(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
(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
(IN BRIEF) Neste, Borealis, and Covestro have partnered to recycle discarded tires into high-quality plastics for automotive applications, aiming to drive circularity in the plastics value chain. Through this collaboration, old tires are transformed into raw materials, processed into base … Read the full press release
Posted in Austria, Automotive, Business, Chemicals, Environment, Financial, Finland, Germany, Government, Industrial, Investment, Management, News, Technology
Tagged automotive, Borealis, Covestro, Finland, Germany, Guido Naberfeld, Jeroen Verhoeven, Neste, partnership, plastics, sustainability, Thomas van de Velde, tires
(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
(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
(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
(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
(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
(IN BRIEF) Vietnam Airlines achieved a significant milestone by operating its inaugural flight fueled by Neste MY Sustainable Aviation Fuel™, becoming Vietnam’s first airline to utilize sustainable aviation fuel (SAF) for commercial passenger flights. The Airbus A321, departing from Changi … Read the full press release
(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
(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
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