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Neste studying transitioning Porvoo refinery to a renewable & circular site; ending crude oil refining in mid-2030s

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Building on its capability of proactive transformation, Neste has initiated a strategic study on transitioning its refinery in Porvoo, Finland to non-crude oil refining and into a globally leading renewable and circular solutions site. Neste’s growth strategy is centered on renewable and circular solutions.

Oil 259
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Neste providing companies in Finland a service for monitoring transport fuel emissions

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Neste is the first company in Finland to provide a service for companies and other organizations to monitor their climate emissions caused by the use of transport fuels. Road transport accounts for more than 90% of the total transport emissions in Finland. —Heidi Peltonen.

Finland 186
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Neste to begin selling 100% renewable diesel in Finland

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Neste plans to start selling diesel produced entirely from renewable raw materials at selected stations in Finland around the turn of the year. The majority of the renewable raw materials the company uses to refine the product, consists of waste and residues. —Mika Hyötyläinen, VP, Marketing at Neste Oil Retail.

Finland 150
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Neste: use of our renewable fuels reduced global climate emissions by 8.3 million tons in 2017

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Replacing fossil fuels with Neste’s renewable fuels reduced global climate emissions altogether by a 8.3 The emission reduction is calculated by comparing the life cycle greenhouse gas emissions of the renewable fuels that Neste produces in a year to the life cycle emissions of conventional European diesel.

Renewable 150
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Fleet of 23 road tanker trucks to trial NExBTL renewable diesel in Finland

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Neste Oil’s NExBTL renewable diesel is to be trialed in day-to-day use in Finland by a fleet of road tanker trucks from the beginning of June onwards. The trial will last around a year and will involve 23 vehicles in Neste Oil livery operated by seven different companies.

Finland 186
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Finnish NGO UFF to use Neste Renewable Diesel in trucks

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UFF (U-landshjälp från Folk till Folk i Finland rf), a Finnish non-profit environmental and development organization, will use Neste MY Renewable Diesel, produced entirely from waste and residues, to reduce the amount of greenhouse gas emissions produced in UFF’s logistics chain. —UFF’s CEO Virve Kivi.

Renewable 150
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Cellunolix sawdust to ethanol plant to be built in Finland

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North European Bio Tech Oy (NEB) has made an investment decision concerning the construction of a bioethanol plant on the Renforsin Ranta industrial estate in Kajaani, Finland. million gallons) of bioethanol per year, will be leased to North European Oil Trade Oy (NEOT), which engages in oil and bioproduct wholesale trade.

Finland 231