Page 32 - Peter Vanacker News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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. Neste's 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 quarter profits. However, the slump was not as bad as analysts had expected, according to a Reuters poll....

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 from the previous year to fourth. Peter Vanacker, the CEO of Neste, highlighted that cracking the listi...