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ICIS: EU Hydrogen Bank could bring renewable hydrogen costs below €1/kg

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By Jake Stones, hydrogen editor at ICIS ICIS data shows that renewable hydrogen could be sold for below €1/kg if a producer obtains the maximum support provided by the European Hydrogen Bank , according to the heads of terms for the bank published by the European Commission on 31 March. Funding is granted once hydrogen production starts.

Hydrogen 447
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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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BASF boosts support for sustainable road construction with global distribution rights for RheoFalt rejuvenator

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BASF now has the worldwide distribution rights for RheoFalt smart additives to modify asphalt and bitumen manufactured by the Netherlands-based company Ventraco. Excluded from the agreement are Belgium, Luxembourg and The Netherlands, where Ventraco will continue to supply the products.

Global 397
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Neste to acquire Bunge Rotterdam refinery to increase raw material pretreatment capacity for renewable products

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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 Bunge Loders Croklaan’s refinery plant located in Rotterdam, the Netherlands for a purchase price of €258 million (US$302 million). —Neste President and CEO Peter Vanacker.

Renewable 273
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US and the Netherlands to collaborate on hydrogen production and infrastructure

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Eric Wiebes, the Netherlands’ Minister of Economic Affairs and Climate Policy, sent a letter to the Dutch Parliament in March 2020 and advocated for an active international policy to reduce sustainable hydrogen costs and to create new international partnerships.

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DHL Express is piloting first hydrogen truck throughout Deutsche Post DHL Group

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Together with its customer Apple, DHL is piloting the heavy-duty vehicle, equipped with a fuel cell range extender from VDL, between Breda, the Netherlands, and Brussels, Belgium, as part of the Interreg NW Europe program H2-Share, coordinated by WaterstofNet. —Alberto Nobis, CEO DHL Express Europe.

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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