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Neste celebrates opening of €1.6B Singapore expansion; SAF supply chain to Changi Airport

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Neste announced its final investment decision on additional renewable products production capacity in Singapore in December 2018. billion Singapore Expansion project has been successfully completed, the start-up of the refinery expansion has been completed after mid-April, and Neste celebrated its opening today.

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Neste and Shell sign agreement to increase the supply of sustainable aviation fuel

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Anticipating increasing desire from airlines to reduce emissions, Neste and Shell Aviation have entered into a sustainable aviation fuel (SAF) supply agreement. This agreement significantly increases the supply and availability of SAF for the aviation industry with effect from October 2020. million tons of SAF annually by 2023.

Supplies 414
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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. The research project thus has the potential to allow for more efficient and economical transport of hydrogen, which can in turn contribute to the expansion of global hydrogen supply chains.

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Neste acquires Count Terminal Rotterdam to strengthen growth strategy in renewable raw materials supply

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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 acquired 100% of the Dutch Count Companies BV’s Count Terminal Rotterdam BV and its supporting entities, part of the First Dutch Group of Peter Goedvolk. The transaction was signed and closed on 7 May 2020.

Renewable 221
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EIA: Renewable diesel increasingly used to meet California’s Low Carbon Fuel Standard; 10.1% of total diesel supplied in 2Q18

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Renewable diesel net supply to California’s fuel market has increased since the state’s Low Carbon Fuel Standard (LCFS) program went into effect in 2011, reaching 100 million gallons during the second quarter of 2018, or 10.1% Source: US Energy Information Administration, based on California Air Resources Board.

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Neste to supply DHL Express with sustainable aviation fuel at SFO

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Neste, the world’s leading provider of renewable diesel and sustainable aviation fuel (SAF) has signed an agreement to supply SAF to DHL Express, the express service arm of Deutsche Post DHL Group, world’s leading mail and logistics company. Earlier this year Neste established a continuous supply of sustainable aviation fuel to SFO.

Supplies 259
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Neste to acquire Mahoney Environmental to strengthen its growth strategy and position in renewable raw material sourcing

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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 100% of Mahoney Environmental (Mahoney), a collector and recycler of used cooking oil in the United States, and its affiliated entities. — Peter Vanacker, President and CEO of Neste.

Renewable 243