Page 16 - Peter Vanacker News Today

(Page 1) Neste Corp. (Espoo, Finland)  has concluded a thorough study phase concerning the two possible locations for its announced production site for renewable

On November 3, 2020, Neste announced that it would acquire Bunge Loders Croklaans refinery plant in Rotterdam, the Netherlands. The refinery plant is located next to Neste’s existing biorefinery and it consists of a pretreatment facility, tank farm, jetties and has a pipeline connection to Neste’s site.  Bunge Loders Croklaan Rotterdam refinery plant (Neste) The acquisition has been approved by regulatory authorities, and the transaction was completed on March 1, 2021. The transition...

16 Februar 2021 Neste’s renewable products helped customers to reduce greenhouse gas emissions globally by 10 million tons in 2020 The amount equals the annual carbon footprint of 1.5 million average EU citizens In 2020, Neste’s renewable products helped customers in several geographic markets to reduce greenhouse gas emissions by 10.0 million tons* altogether. This amount equals the annual carbon footprint of 1.5 million average EU citizens (source: World Bank) or the removal of 3.7 millio...

Blog Blog Blog Blog 10 Feb, 2021 Author Camilla Naschert Finnair is pioneering the use of sustainable aviation fuel, made in a process using hydrogen. Growth in demand for the biofuel creates opportunities for utilities developing green hydrogen solutions for biorefiners. Source: Finnair Rising demand for cleaner fuels across Europes roads and skies is opening market opportunities for utilities and renewables developers eyeing a stake in the green hy...

Year 2020 in brief: Comparable operating profit totaled EUR 1,416 million (EUR 1,962 million, including EUR 142 million contribution from a retroactive US Blender’s Tax Credit decision for 2018) Operating profit totaled EUR 828 million (EUR 2,229 million) Cash flow before financing activities totaled EUR 1,019 million (EUR 1,154 million) Return on average capital employed (ROACE) was 17.3% over the last 12 months (26.6%) Leverage ratio was -4.7% at the end of December (31 Dec 2019: -3.3%) Com...

Neste reports slump in oil sales but growth in renewables The Finnish biofuel refiner predicted lower profits from renewables due to a shortage of waste usable as raw material. Nestes Sköldvik oil refinery near Porvoo. Image: Stefan Paavola / Yle Oil refining company Neste suffered a significant decline in sales of traditional petroleum products last year due to the pandemic, but sales of renewable products rose. On Friday the partly state-owned energy firm reported a decline in fourth quarte...

Sustainable Solutions Five Finnish firms ranked in top 100 worldwide for sustainability Neste, UPM, Metso Outotec, Nordea Bank and Kesko have all been listed in the 2021 Global 100, the 100 most sustainable corporations on Earth by Corporate Knights. Aleksi Teivainen Share Neste, an oil refiner headquartered in Espoo, Finland, was recognised in the index for the 15th consecutive year, the longest streak for any energy company in the world, sliding back one place fro...