Tag Archives: Neste

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Neste and ScanOcean Introduce Lower-Emission Marine Fuel to Swedish Market

(IN BRIEF) Neste, in collaboration with ScanOcean, has launched its Neste Marine™ 0.1 Co-processed marine fuel in the Swedish market. This lower-emission fuel, with both fossil and renewable content, aims to reduce greenhouse gas emissions in the marine sector. The … Read the full press release

Member of Neste Corporation’s Board of Directors, Jari Rosendal, Passes Away After Illness

(IN BRIEF) Jari Rosendal, a member of the Board of Directors of Neste Corporation, has passed away after a brief illness. Rosendal had been serving on Neste’s Board of Directors since 2018. Neste’s Chair of the Board of Directors, Matti … Read the full press release

Neste Partners with Biofuel Express to Expand Distribution of Neste MY Renewable Diesel in Denmark

(IN BRIEF) Renewable fuel company Neste has formed a partnership with Biofuel Express to expand the distribution of Neste MY Renewable Diesel™ in Denmark. Biofuel Express will be responsible for distributing and selling the renewable diesel fuel, while Neste will … Read the full press release

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

(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 … Read the full press release

Neste and ITOCHU Forge Licensing Agreement to Boost Renewable Diesel Distribution in Japan

(IN BRIEF) Neste and ITOCHU have expanded their collaboration through a licensing agreement, enabling ITOCHU to become an official distributor of Neste MY Renewable Diesel™ in Japan. This collaboration aims to increase the availability of renewable diesel in the country, … Read the full press release

Neste Joins Exclusive Group to Pioneer Science-Based Targets for Nature

(IN BRIEF) Neste, a global renewable fuels and sustainable solutions company, has been selected as one of the initial companies in the target validation group for science-based targets (SBTs) for nature by The Science Based Targets Network (SBTN). The group, … Read the full press release

Neste Acquires Stake in Changi Airport Joint Venture to Supply Sustainable Aviation Fuel

(IN BRIEF) Neste, a leading producer of sustainable aviation fuel (SAF), has completed its EUR 1.6 billion Singapore Expansion project. The expansion has doubled Neste’s production capacity in Singapore, making it the world’s leading SAF producer. The refinery’s total capacity … Read the full press release

DHL Supply Chain, Speweld, Lassila & Tikanoja among Neste’s Contractor Safety Award winners

(IN BRIEF) Neste, a leading renewable fuel producer, has awarded several contractors with the Contractor Safety Award for their commitment and performance in maintaining excellent safety standards. The award recognizes the importance of safety in the workplace and aims to … Read the full press release

Neste’s chemical recycling processing runs provide valuable knowledge for circular polymers economy

(IN BRIEF) Neste, the Finnish renewable fuels and chemicals company, has completed its second series of industrial-scale processing runs with liquefied waste plastic at its Porvoo refinery, with the goal of further understanding how different types of waste plastics behave … Read the full press release

Finnair partners with Neste to reduce carbon emissions from flights departing Helsinki Airport

(IN BRIEF) Finnair has purchased 750 tons of Neste MY Sustainable Aviation Fuel from Neste to reduce the carbon emissions from flights departing from Helsinki Airport. The fuel volume purchased is Finnair’s single largest batch of sustainable aviation fuel to … Read the full press release

Neste’s Renewable Diesel to be More Widely Available in the Netherlands through Partnership with Catom

(IN BRIEF) Neste has entered into a partnership with Catom, a Dutch company engaged in fuel and lubricant trade, distribution and sales, to increase the supply and distribution of Neste MY Renewable Diesel™, a product that can reduce greenhouse gas … Read the full press release

Tiefgezogene Kunststoffverpackungen werden grün mit der strategischen Partnerschaft von Neste und ILLIG

(IN KÜRZE) Neste und ILLIG sind eine strategische Partnerschaft eingegangen, um nachhaltige Lösungen für die Herstellung von thermogeformten Kunststoffverpackungen durch Demonstrationskoffer zu entwickeln. Die Partnerschaft wird das Know-how von Neste bei der Bereitstellung erneuerbarer und recycelter Materialien für die Polymerproduktion … Read the full press release

Thermoformed Plastic Packaging Goes Green with Neste and ILLIG’s Strategic Partnership

(IN BRIEF) Neste and ILLIG have formed a strategic partnership to develop sustainable solutions for the production of thermoformed plastic packaging through demonstration cases. The partnership will combine Neste’s expertise in providing renewable and recycled materials for polymers production with … Read the full press release

Die Logistikunternehmen HAVI und UFF testen die Nachverfolgungslösung für erneuerbare Kraftstoffe von Neste und Scania

(IN KÜRZE) Neste und Scania testen eine digitale Lösung, die die Nutzung erneuerbarer Kraftstoffe durch Lkw verfolgt und verifiziert. Die Lösung kombiniert Daten aus dem Fleet Management Portal von Scania und den Kraftstoffemissionsdaten von Neste, um Flottenmanagement-Kunden mit genauen Informationen … Read the full press release

Logistic companies HAVI and UFF to Test Neste and Scania’s Renewable Fuel Tracking Solution

(IN BRIEF) Neste and Scania are piloting a digital solution that tracks and verifies the use of renewable fuels by trucks. The solution combines data from Scania’s Fleet Management Portal and Neste’s fuel emission data to provide fleet management customers … Read the full press release

Neste’s PULSE project to commercialize chemical recycling of waste plastic with €135 million EU grant

(PRESS RELEASE) ESPOO, 20-Jan-2023 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has signed a grant agreement with the European Commission and the … Read the full press release

El proyecto PULSE de Neste para comercializar el reciclaje químico de residuos plásticos con una subvención de la UE de 135 millones de euros

(COMUNICADO DE PRENSA) ESPOO, 20-Jan-2023 — /EuropaWire/ — Neste (HEL: NESTE), el proveedor líder mundial de diésel renovable y combustible de aviación sostenible y la cuarta empresa más sostenible del mundo, ha firmado un acuerdo de subvención con la Comisión Europea … Read the full press release

ITOCHU Corporation to rely on imported Sustainable Aviation Fuel from Neste as part of a project aimed at blending it with conventional fossil jet fuel in Japan

(PRESS RELEASE) ESPOO, 1-Nov-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced it will deliver Sustainable Aviation Fuel (SAF) in … Read the full press release

ITOCHU Corporation s’appuiera sur le carburant d’aviation durable importé de Neste dans le cadre d’un projet visant à le mélanger avec du carburéacteur fossile conventionnel au Japon

(COMMUNIQUÉ DE PRESSE) ESPOO, 1-Nov-2022 — /EuropaWire/ — Neste (HEL : NESTE), le premier fournisseur mondial de diesel renouvelable et durable carburant d’aviation et la 4e entreprise la plus durable au monde, a annoncé qu’elle fournira du carburant d’aviation durable (SAF) … Read the full press release

Neste nominated for the final round at the German Sustainability Award 2023, Europe’s largest award for ecological and social commitment

(PRESS RELEASE) ESPOO, 21-Oct-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that its ambitious sustainability vision and renewable solutions … Read the full press release

Neste nominé pour la finale du German Sustainability Award 2023, le plus grand prix européen pour l’engagement écologique et social

(COMMUNIQUÉ DE PRESSE) ESPOO, 21-Oct-2022 — /EuropaWire/ — Neste (HEL : NESTE), le premier fournisseur mondial de diesel renouvelable et de carburant d’aviation durable et la 4e entreprise la plus durable au monde, a annoncé que sa vision ambitieuse de la … Read the full press release

Bugaboo, a designer of award winning baby strollers, to launch an entire stroller portfolio made with bio-based materials thanks to DSM, Fibrant and Neste

(PRESS RELEASE) ESPOO, 21-Oct-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that a partnership with DSM Engineering Materials, a … Read the full press release

Bugaboo, ein Designer preisgekrönter Kinderwagen, bringt dank DSM, Fibrant und Neste ein komplettes Kinderwagen-Portfolio auf den Markt, das aus biobasierten Materialien hergestellt wird

(PRESSEMITTEILUNG) ESPOO, 21-Oct-2022 — /EuropaWire/ — Neste (HEL: NESTE), der weltweit führende Anbieter von erneuerbarem und nachhaltigem Diesel Flugzeugtreibstoff und das viertnachhaltigste Unternehmen der Welt, hat bekannt gegeben, dass eine Partnerschaft mit DSM Engineering Materials, einer Unternehmensgruppe von Royal DSM, … Read the full press release