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Norwegian startup Blastr plans €4B green steel plant in Finland

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Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. The area has excellent conditions for industrial activities: a deep-water harbor and an excellent electricity transmission network. Finland is an ideal location for our project.

Finland 437
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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 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. Porvoo refinery.

Oil 259
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Neste to use May Day doughnut fat for renewable diesel feedstock

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In the spirit of circular economics, Neste and Fazer Bakery in Finland are joining forces with the “Doughnut Trick” campaign. The oil used to fry Fazer Bakery’s May Day doughnuts will be recycled by refining it to produce Neste MY renewable diesel. This is around three doughnuts a year for each person in Finland. Earlier post.)

Renewable 207
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Allianz to invest in Finnish green hydrogen and power-to-gas developer Ren-Gas; sector coupling

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Allianz Capital Partners, on behalf of Allianz insurance companies, has signed an agreement to acquire a minority stake in Ren-Gas Oy , a green hydrogen and power-to-gas project developer based in Finland. The main product of Ren-Gas’ plants is renewable synthetic methane, which is made from green hydrogen and captured carbon dioxide.

Gas 259
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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.