Renewable diesel fuel is soon to be much more accessible to fleet drivers looking to fuel up in northern and central California, thanks to cardlock locations that will be offering Neste MY Renewable Diesel™. This is the very first time vehicles can be fueled with this high performance low-carbon fuel directly at a station.
Sweden has an ambitious target of being fossil-free by 2045. As a part of the initiative, a proposal for decarbonizing aviation in Sweden was announced ten days ago. The proposal suggests that Sweden would introduce a greenhouse gas reduction mandate for aviation fuel sold in Sweden. The reduction level would be 0.8% in 2021, and gradually increase to 27% in 2030. The reduction levels are estimated to be equivalent of 1% (11.000 tons) sustainable aviation fuel in 2021, 5% (56.000 tons) in 2025 and 30% (340 000 tons) in 2030. This makes Sweden an undisputed leader in decarbonizing aviation.
Finnish biofuel producer and oil refiner Neste said on Wednesday it will boost its biofuel production capacity in Singapore with a bigger-than-expected investment of €1.4 billion (S$2.2 billion).
Neste, the Espoo-based world’s leading provider of sustainable renewable diesel and an expert in delivering drop-in renewable chemical solutions, and Clariant, a world leader in specialty chemicals, signed an agreement for a new partnership to join forces in developing and making new sustainable material solutions accessible to a variety of industries.
Neste, the world’s leading renewable products producer headquartered in Espoo (Finland), and Air BP, the international aviation fuel products and services supplier, entered into an agreement to explore opportunities to increase the supply and availability of sustainable aviation fuel for airline customers.
Neste, the world’s leading producer of renewable diesel headquartered in Espoo, Finland, UK-based chemical recycling company ReNew ELP, and Australian technology developer Licella are joining forces in a development project to explore the potential of using mixed waste plastic as a raw material for fuels, chemicals, and new plastics. In addition to studying liquefied waste plastic feasibility and sustainability as refinery raw material, the companies are also collaborating with the aim to facilitate regulatory acceptance for chemical recycling.
Neste, the world’s leading producer of renewable diesel based in Espoo, Finland, is now exploring ways to introduce liquefied waste plastic as a future raw material for fossil refining. The aim of the development project is to proceed to industrial scale trial during 2019. The company’s target is to process annually more than one million tons of waste plastic by 2030.
Neste, the Finnish producer of renewable fuels from waste and residues, acquired sole control and 51% of the shares of animal fat trader IH Demeter B.V., making Neste the controlling shareholder. The current owners shall remain as co-owners. The transaction is awaiting for and is subject to regulatory approval.
The Pasadena Fire Department, a California city northeast of Los Angeles, switched much of its fleet of apparatus from operating on petroleum diesel to using Neste MY Renewable Diesel, produced by the Finnish company Neste. The department plans to transition all its fleet apparatus to renewable diesel by 2019.
Neste’s growth program for renewable products takes a step forward. The Board of Directors of the Finnish company has decided that Neste’s additional production capacity for renewable diesel, renewable aviation fuel and raw materials for various biochemical uses will be located in Singapore. The decision initiates technical design of the new production line, with the aim of a final investment decision by the end of 2018. If the project proceeds as planned, production at the new production line will begin by 2022.