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Business Finland awards €27.7M to Neste for Porvoo refinery green hydrogen projects

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Business Finland awarded Neste with a public funding of €27.7 million for green hydrogen projects at Neste’s refinery in Porvoo, Finland, aiming to develop solutions for renewable hydrogen production. —Outi Ervasti, Vice President of Renewable Hydrogen at Neste.

Finland 210
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Neste investing €1.9B to expand renewable products refinery in Rotterdam; 1.2 Mtpa of SAF

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Neste Corporation has made the final investment decision to invest into new renewable products production capacity in Rotterdam. The decision is based on demand for renewable products growing substantially with customers’ higher climate ambitions. million ton capacity for renewable products in Rotterdam is the largest in Europe.

Renewable 273
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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 to acquire Mahoney Environmental to strengthen its growth strategy and position in renewable raw material sourcing

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Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, has agreed to acquire 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. million tonnes—the equivalent of taking 3.5

Renewable 243
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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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Neste to open office for growing Renewable Aviation business; launching Neste MY Renewable Diesel in the Netherlands

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Neste, the world’s leading provider of renewable diesel, has opened a new office in Hoofddorp, in greater Amsterdam which will serve as the global hub for the growing Renewable Aviation business. Neste is now also launching Neste MY Renewable Diesel to climate-conscious fleet customers in the Netherlands.

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Neste submits three pathways for California LCFS for renewable diesel produced at Porvoo refinery

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Finland-based Neste has submitted three new Tier 2 Pathways for California’s Low Carbon Fuel Standard (LCFS) for renewable diesel produced at its Porvoo, Finland refinery. Two pathways are for Renewable Diesel from Tallow & Animal Fat and one is for Renewable Diesel from Used Cooking Oil (UCO). gCO 2 e/MJ.

Renewable 220