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Mura Technology Signs Offtake Agreement with Neste at first commercial-scale site in Teesside, Northeast England
HydroPRS™ is able to process contaminated and mixed plastics, such as flexible and rigid food packaging, resulting in high yields of hydrocarbon products for use in the manufacture of virgin-qualit...
Neste’s crude oil refinery to be gradually transformed into a renewables and circular solutions refining hub at Porvoo, Finland
The planned transformation will proceed in phases, and requires multiple separate investment decisions during the next decade before targeted completion in the mid 2030s.
Neste has been granted energy investment aid for its green hydrogen project at the Porvoo refinery
Neste is granted an energy investment aid of EUR 1.96 million for heat recovery from the green hydrogen production being planned for the Porvoo refinery. The goal of the project, which is in the ba...
thyssenkrupp nucera and Neste Sign Agreement to Reserve Production Capacities for 120 MW Water Electrolyser at Neste’s Porvoo Refinery, Finland
Agreement to reserve six 20 MW scalum® modules. The water electrolyzers would enable Neste to start producing green hydrogen at its refinery in Porvoo, Finland. High demand for thyssenkrupp nucera ...
Neste decides to invest in liquefied waste plastic upgrading unit at its Porvoo refinery in Finland
Investment of 111 million euros. Important milestone in scaling up chemical recycling
Neste moves forward in its renewable hydrogen project in Porvoo, Finland
The investment decision readiness is expected to be reached in early 2024. If an investment decision is made, green hydrogen production could start in 2026.
Progress with scaling up liquefied waste plastic processing – Neste completed second series of runs at its Porvoo refinery in Finland
Neste has concluded its second series of industrial-scale liquefied waste plastic processing runs at the Porvoo refinery. In total, Neste has processed close to 3,000 tons of liquefied waste plasti...
Neste invests in its world scale renewable products refinery in Rotterdam, The Netherlands
Port of Rotterdam →At current 1.4 million ton capacity renewable products in Rotterdam is the largest in Europe. The Rotterdam refinery expansion investment is about EUR 1.9 billion
Awarded first call large-scale projects on climate action by European commission
Port Of Antwerp →7 projects aiming to bring breakthrough technologies to the market in energy-intensive industries, hydrogen, renewable energy; and carbon capture, use and storage were pre-selected for grant agree...
Technip Energies Awarded Two Contracts by Neste for Development of Its Renewables Production Platform in Rotterdam, the Netherlands
Port of Rotterdam →Two contracts have been awarded for work on the development of the renewables production platform in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Neste and Tech...
Neste to acquire Bunge's refinery plant in Rotterdam
Port of Rotterdam →Neste has agreed to acquire Bunge refinery plant located in Rotterdam, the Netherlands for a purchase price of 258 million euros, to increase raw material pretreatment capacity for the production o...
Neste acquired Count Terminal Rotterdam to strengthen its growth strategy in renewable raw materials supply
Port of Rotterdam →Neste 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.
Neste breaks ground on world's first Bio LPG facility in Rotterdam
Port of Rotterdam →he EUR 60 million facility will start production of Bio LPG in the end of 2016. SHV Energy will market and sell Bio LPG to be produced at Neste's Rotterdam refinery.
Neste Oil celebrates the grand opening of Europe's largest renewable diesel refinery in Rotterdam
Port of Rotterdam →The start-up of the Neste Oil's Rotterdam refinery took place in September 2011. The refinery produces premium-quality NExBTL renewable diesel, which is the cleanest and highest-quality renewable d...
About
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. Neste refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Neste is the world’s leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. Neste aims at helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, Neste is also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94% of the company’s comparable operating profit coming from renewable products