In Finland, Neste and Chevron Lummus Global (CLG) are partnering to drive innovation in renewable fuels. The companies have joined forces to develop a new technology enabling conversion of lignocellulosic biomass into high-quality, lower-emission renewable fuels, such as sustainable aviation fuel (SAF) and renewable diesel. The joint development has reached the first major milestone, and […]
In Califronia, Neste has reached an agreement with Amazon to provide 7,500 metric tons (2.5 million gallons) of neat Neste MY Sustainable Aviation Fuel™ for its Amazon Air cargo operations at San Francisco International Airport and Ontario International Airport in California, through to the end of 2025. This agreement makes Amazon the first company to […]
In Finland, Neste and Finnish company Eckerö Line, which operates ferry services between Helsinki and Tallinn, are continuing their collaboration to reduce maritime emissions. Eckerö Line provides freight and passenger services on the Baltic Sea and is the first company in Finland to adopt Neste MY Renewable Diesel™ for commercial maritime transport. By replacing a […]
In the Netherlands, Neste has started producing SAF at its renewable products refinery in Rotterdam, the Netherlands. The refinery has been modified to enable Neste to produce up to 500,000 tons of SAF per annum. As a result, Neste’s global SAF production capability has increased to 1.5 million tons (around 1.875 billion liters) per annum. […]
In Singapore, Neste and DB Schenker have collaborated to work towards expanding DB Schenker’s adoption of Neste MY Renewable Diesel in Asia-Pacific. This partnership underscores the shared commitment of both companies to progress towards lower-emission logistics. Both companies embarked on a trial which took place from December 2024 to February 2025, in which Neste MY […]
In Ireland, Neste Corporation issued a EUR 700 million green bond with 5-year maturity under its EMTN (Euro Medium Term Note) program updated on September 12, 2024 and supplemented by the supplement dated March 10, 2025, and will pay a fixed coupon of 3.750 per cent. Neste Corporation will apply for the listing of the […]
for the first time, with the completion of a successful trial of biofuel across its network of Western Australian ports, railways and mines. The trial was conducted in partnership between Neste and bAustralian fuel supplier Viva Energy. Neste allocated 8,500 tons of renewable diesel from used cooking oil for the trial. The fuel was shipped […]
In Australia, Neste MY Renewable Diesel has helped fuel Rio Tinto’s Pilbara iron ore operations for the first time, with the completion of a successful trial of biofuel across its network of Western Australian ports, railways and mines. The trial, the first of its kind for Rio Tinto in Australia, was conducted in partnership with […]
In Finland, oil company Neste has announced a performance improvement program that includes deemphasizing renewable chemicals. The company cites a significantly changed market environment and weakened financial performance for the strategic shift. “Our current financial performance is weak and not sustainable,” said Neste’s President and CEO Heikki Malinen in a press statement. “Therefore, we must […]
In Finland, Neste said it is partnering with Italian fuel distributor Firmin to make Neste MY Renewable Diesel available for the first time in Italy to contribute to the reduction of greenhouse gas emission in the transport sector. Neste MY Renewable Diesel is available in Italy from the beginning of January, 2025, the firm said. […]
