Neste, Outokumpug to work together to decarbonize mining, steel production

Neste and Outokumpu deepen their cooperation to reduce greenhouse gas emissions. Outokumpu will replace the fossil fuels used by its Kemi mine and Tornio steel mill and the contractors on these sites with Neste MY Renewable Diesel™. Outokumpu manufactures the world’s lowest-emission stainless steel. Its goal is to achieve carbon neutrality at its Kemi mine

ScanOcean sells Neste’s marine fuel

Neste and ScanOcean have brought Neste’s marine fuel enabling lower GHG emissions to the Swedish market. The first shipment of nearly 600,000 liters (500 metric tons) is now available at the Södertälje terminal for vessels bunkering in the Stockholm area as well as those in transit to Lake Mälaren. ScanOcean already has several interested clients.

Neste develops marine fuel to lower emissions

A Finnish company has launched the “Marine 0.1 Co-Processed” which is a marine fuel – a substitute for the conventional fuel used in the shipping industry. According to Neste, the company, the new alternate fuel reduces GHG (GreenHouse Gas) by 80% throughout its lifecycle compared to the standard fuel used. Marine 0.1 Co-Processed was initially

Asian airlines in race to reduce carbon footprint

Now Asian airlines will have an expanded biofuel refinery in Singapore that they can source from. Finnish biofuel producer Neste in May completed a 1.6 billion-euro ($1.7 billion) expansion of its biofuel refinery in the city-state and has started producing sustainable aviation fuel (SAF), a biofuel made from used cooking oil and waste animal fat.

Neste starts to use lower-emission marine fuel for transport

Its use enables up to 80% lower greenhouse gas (GHG) emissions over the fuel’s life cycle compared to fossil fuel.

Viva Aerobus to buy SAF from Neste

Viva Aerobus has agreed to purchase 1 million liters of sustainable aviation fuel (SAF) from Finland’s Neste. The fuel will be used on Viva Aerobus flights from Los Angeles to Guadalajara, Mexico City and Monterrey. SAF is made from feedstocks such as animal waste and crop residues, and is more expensive than conventional fuel but

Neste charters Terntank’s methanol tankers

Finnish oil refiner Neste has signed a charter-in deal for a pair of Terntank’s methanol and wind assist-ready product tankers booked for construction in China. The 15,000 dwt ships were ordered by Terntank, designed by Kongsberg, and will be built by China Merchants Jinling Shipyard in Yangzhou. The ships are due for delivery during the

Neste awarded green H2 grant

Neste Oyj said that it won a EUR-27.7-million ($29.4m) grant from state-run organization Business Finland for its green hydrogen projects in Porvoo as a result of their IPCEI designation. In July, Neste was selected by the European Commission to receive national public funding under the IPCEI Hy2Tech initiative of the State aid framework for Important

Nippon Cargo Airlines to use Neste MY SAF

Nippon Cargo Airlines (NCA) has for the first time used Neste MY Sustainable Aviation Fuel for several cargo flights in November and December 2022. The sustainable aviation fuel (SAF) is supplied by Neste at Amsterdam Airport Schiphol in the Netherlands. The flights with SAF are a result of NCA’s commitment to making consistent efforts to

Neste to add two dual-fuel product tankers to its fleet

Finnish oil refining and marketing company Neste has agreed to acquire two dual-fuel product tankers from Furetank Rederi for an undisclosed sum. The deal features the purchase of Fure Valö and Fure Ven vessels, which are part of the Vinga series. Furetank plans to replace these 17,999 deadweight tonnage (dwt) tankers with new buildings. When