In Singapore, PCS Pte. Ltd. will use renewable feedstocks supplied by Neste Corporation to produce chemicals for customers in Southeast Asia. Under the terms of the deal, Neste will provide PCS with Neste RE™, a renewable material derived from waste sources, such as used cooking oil and residues from vegetable oil processing. PCS will use […]
In Singapore, Neste and Singapore-based essential chemicals company PCS Pte. Ltd. have launched a cooperation for the supply of renewable solutions to Southeast Asia’s chemicals industry. The collaboration aims at introducing renewable raw materials to replace fossil ones in chemicals and plastics value chains in the region. Neste will supply PCS with Neste RE. Based […]
In Finland, Neste said it has signed a deal with Air Canada for the supply of 60,000 metric tons of neat Neste MY SAF. Under the terms of the deal, Neste will deliver the sustainable aviation fuel blended with conventional jet fuel to the Vancouver marine terminal starting in December 2024, with further shipments throughout […]
In Finland, Neste and Air Canada have signed an agreement for the supply of 60,000 metric tons (77.6 million liters) of neat Neste MY Sustainable Aviation Fuel. Neste will deliver the sustainable aviation fuel (SAF) blended with conventional jet fuel to the Vancouver marine terminal starting in December 2024, with further shipments throughout 2025. The […]
In Finland, Neste’s Rotterdam refinery has been shut down due to a fire on 8 November 2024. The fire has been extinguished and it did not cause any injuries. Neste is currently investigating the incident and the repair work will start as soon as possible. Based on its initial assessment, the Rotterdam refinery production will be […]
In Finland, Neste has agreed to supply renewable feedstocks from waste and residue oils and fats to Brazil’s Braskem for conversion into polymers and chemicals. The products will be sold in South America under Braskem’s Wenew brand, starting from the fourth quarter of 2024. “We’re introducing a new solution that will adhere to the industry’s […]
In Finland, Neste has decided to withdraw from investing into a 120 MW electrolyzer project to produce renewable hydrogen at its Porvoo refinery in Finland. The decision follows the completion of the basic engineering phase, which commenced in May 2023. The reasons behind the withdrawal are the company’s challenging market conditions and financial performance, requiring […]
In Finland, Neste’s renewable diesel helps Verne, a provider of sustainable data center solutions for high intensity computing, to transition its operations from fossil to renewable fuels. Verne’s data centers in Helsinki, Pori and Tampere in Finland will use Neste MY Renewable Diesel™ to power their backup generators. The switch from fossil diesel to Neste’s […]
In Japan, Neste, ITOCHU, and GS Caltex have teamed up to bring the first batch of CORSIA-certified sustainable aviation fuel to Japan, by blending over 1,000 tons of Neste supplied neat SAF at GS Caltex’s refinery in Yeosu, South Korea, before being transported to Narita International Airport. This SAF will be available for purchase by […]
A handful of industrial biotechnology companies have the strength and purpose to make it as a public company — others remain private, are acquired, or wind down. What makes companies able to succeed with public investors? What combination of product mix, experienced management, technologies that excel, capital at work, and effective vision make it possible […]
