(IN BRIEF) Neste reported a strong financial performance in the first quarter of 2026, with significant increases in EBITDA, revenue, and cash flow despite ongoing volatility in global energy markets driven by geopolitical tensions and supply disruptions. The company benefited … Read the full press release
Posted in Business, Economy, Energy, Gas & Oil, Financial, Finland, Industrial, Investment, Management, Marketing
Tagged capital expenditure, cash flow, EBITDA growth, energy markets, energy transition, financial performance, global oil prices, Heikki Malinen, Middle East conflict, Neste Corporation, Neste Delivers Robust Earnings Growth in First Quarter Despite Global Market Volatility, Neste Reports Strong Q1 2026 Financial Results Driven by High Energy Prices and Operational Improvements, oil products, Porvoo refinery, Q1 2026 results, refining margins, renewable fuels, Renewable Products, Rotterdam project, Strait of Hormuz
(IN BRIEF) Neste has commissioned a new liquefied waste plastic upgrading facility at its Porvoo refinery in Finland, marking a major step toward scaling chemical recycling technologies for the plastics industry. The EUR 111 million facility can process up to … Read the full press release
Posted in Business, Chemicals, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Investment, Management, Science, Technology
Tagged Alterra, chemical recycling, circular plastics economy, EU Packaging Regulation, greenhouse gas reduction, hard-to-recycle plastics, industrial recycling innovation, Jori Sahlsten, liquefied waste plastic, Maiju Helin, Neste, Neste Advances Circular Plastics Economy with New Industrial-Scale Waste Plastic Upgrading Facility in Finland, Neste Expands Chemical Recycling Capacity with EUR 111 Million Investment in Porvoo Plastic Waste Processing Facility, plastic waste upgrading facility, plastics industry feedstock, Porvoo refinery, pyrolysis oil processing, recycled Neste RE, refinery technology, sustainable plastics production, Technip Energies, waste plastic processing
(IN BRIEF) Neste and Fortum have extended their strategic energy partnership through a new bilateral agreement for 2026–2030 under which Fortum will supply approximately 2.6 TWh of electricity from its Nordic generation portfolio to support Neste’s Finnish operations, particularly its … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Financial, Finland, Government, Industrial, Infrastructure & Utilities, Investment, Management, Technology
Tagged bilateral electricity agreement, electricity supply security, energy transition, Finland energy market, Fortum, hedging strategy, industrial electrification, Jori Sahlsten, long-term power contract, low-carbon energy, Neste, Neste and Fortum Strengthen Strategic Energy Cooperation to Support Industrial Electrification and Supply Security, Nordic power generation, Porvoo refinery, renewable fuels, Urs Pennanen
(IN BRIEF) Neste has revised certain climate targets to reflect its current financial position and a streamlined investment portfolio, while reaffirming its commitment to renewable fuels. The company now targets an 80% reduction in Scope 1 and 2 emissions by … Read the full press release
Posted in Business, Energy, Gas & Oil, Environment, Finland, Industrial, Infrastructure & Utilities, Management
Tagged carbon footprint, carbon handprint, Climate Strategy, climate targets, Emissions Reduction, energy efficiency, fossil hydrogen alternatives, Heikki Malinen, Neste, Neste Adjusts Climate Ambitions to Balance Emissions Reductions and Long Term Viability, Porvoo refinery, renewable diesel, Rotterdam renewables refinery, SAF, Scope 1 emissions, scope 2 emissions, sustainable aviation fuel
(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
(PRESS RELEASE) ESPOO, 22-Dec-2021 — /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 the signing of its first renewable hydropower purchase … Read the full press release
Posted in News
Tagged carbon neutral, combating climate change, Fortum, Guarantees of Origin, hydropower, hydropower agreement, hydropower plants, Ilmatar, Markku Korvenranta, Naantali, Neste, Porvoo refinery, reducing climate emissions, renewable electricity, renewable hydropower purchase agreement, s Statkraft, Susanna Sieppi, Vattenfall
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