Neste news

• 27 October 2024

  Neste halts 120 MW electrolyzer investment at Porvoo refinery

  Challenging market conditions and limited renewable hydrogen use led to the decision. Neste explores alternative renewable hydrogen options for Porvoo refinery with partners.
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  20 August 2024

  Neste Enhances Chemical Recycling Logistics in Porvoo

  Expanding logistics infrastructure to handle more liquefied recycled materials, including waste plastic and rubber tires, supporting the refinery's transformation into a renewable and circular solutions hub.
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  26 June 2024

  Recycling Tires into Automotive Plastics: Neste, Borealis, Covestro Collaborate

  Discarded tires are chemically recycled into high-quality polycarbonates for automotive parts, promoting circularity and sustainability in the plastics and automotive industries.
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  27 May 2024

  Neste and VTTI Enhance Sustainable Aviation Fuel Supply in Europe

  Neste expands SAF storage and blending at VTTI’s Rotterdam terminal, boosting supply across Europe and supporting the ReFuelEU Aviation Regulation for sustainable fuel use by 2025.
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  7 March 2024

  Mura Technology and Neste Sign Offtake Agreement for Teesside Recycling Site

  Neste will convert products from Mura's Teesside site into new plastic feedstock. The HydroPRS™ process enables efficient recycling of mixed plastics, reducing fossil resource use and carbon footprint.
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  20 December 2023

  Neste to Transform Porvoo Refinery into Renewables Hub

  The Porvoo refinery will shift to producing 3 million tons of renewable and circular products by the mid-2030s, requiring 2.5 BEUR in investments, driven by declining fossil fuel demand and climate goals.

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  20 July 2023

  Finnish Energy Companies Collaborate on Industrial Hydrogen Valley

  The project aims to develop hydrogen infrastructure, storage, and transmission in Uusimaa, supporting Finland's carbon neutrality goals and fostering industrial investment opportunities.
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  15 June 2023

  Neste to Build Liquefied Waste Plastic Unit in Finland

  The new unit will upgrade 150,000 tons of liquefied waste plastic annually, part of a broader project targeting 400,000 tons. Completion is expected in early 2025.
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  3 May 2023

  Neste Advances Renewable Hydrogen Project in Porvoo

  The project moves to basic engineering, with production potentially starting in 2026. It aims to replace fossil-based hydrogen and generate renewable heat for district heating.
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  31 March 2023

  Neste Advances Liquefied Waste Plastic Processing at Porvoo Refinery

  The second series of runs processed 3,000 tons of waste plastic, advancing chemical recycling. Future plans include scaling to 400,000 tons annually, aiming for 1 million tons by 2030.
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  16 February 2023

  Neste plans algae pilot facility in Spain

  The pilot aims to develop algae cultivation and processing, diversifying renewable raw materials. Spain was chosen for its expertise and environment. The project is in the planning phase.
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  17 November 2022

  Circularise secures €11M funding from Brightlands, Asahi Kasei, Neste, 4impact

  Circularise will use the funds to advance its blockchain-based digital product passports and mass balance bookkeeping software, supporting the shift to a circular economy in industrial supply chains.
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  13 July 2022

  Neste Secures EU Funding for Chemical Recycling in Porvoo

  The project aims to pretreat and upgrade 400,000 tons of waste plastic annually, targeting over 1 million tons by 2030, enhancing chemical recycling and reducing reliance on virgin fossil resources.
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  27 June 2022

  Neste Expands Renewable Products Refinery in Rotterdam

  The Rotterdam refinery expansion will boost renewable product capacity by 1.3 million tons annually, including 1.2 million tons of SAF, enhancing global competitiveness and sustainability efforts.
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  22 June 2022

  VTT and Neste to Build Power-to-Liquids Demonstration Facility in Espoo

  The facility will integrate CO2 capture, green hydrogen, and e-fuels production, aiming for commercial-scale sustainable fuel solutions. Pilot runs are expected to complete in 2023.
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  4 April 2022

  Neste and EU Sign Grant Agreement for Clean Hydrogen Project in Porvoo

  The SHARC project aims to cut over 4 million tons of CO2 emissions in 10 years, supporting EU and Finland's climate goals. It focuses on electrolysis, CCS, and future electric fuel production.
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  10 March 2022

  EU Innovation Fund Awards Climate Action Projects

  The EU Innovation Fund selected 7 projects for EUR 1.1 billion in grants to advance technologies in energy-intensive industries, hydrogen, renewable energy, and carbon capture.
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  7 November 2021

  Neste Secures EU Funding for Green Hydrogen Project at Porvoo Refinery

  The EU Innovation Fund grants €88M for a green hydrogen and CO2 capture project in Finland, aiming to cut over 4M tons of CO2 emissions in 10 years and support carbon neutral production by 2035.
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  20 October 2021

  Neste and Ravago to Form Joint Venture for Chemical Recycling in the Netherlands

  The joint venture will build a facility in Vlissingen to recycle 55,000 tons of plastic waste annually, leveraging advanced liquefaction technology and aiming for global expansion. Regulatory approval pending.
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  3 June 2021

  Neste Advances Innovation and Sustainability at Porvoo Refinery

  Neste is developing renewable hydrogen, CO2 utilization, and advanced biofuels at Porvoo refinery, aiming to reduce greenhouse gas emissions and support EU climate targets.
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  25 May 2021

  Technip Energies Secures Two Contracts from Neste for Rotterdam Renewables Platform

  The contracts include EPCM for modifying a refinery to produce Sustainable Aviation Fuel and FEED for a potential new renewable products refinery, leveraging proprietary NEXBTL technology.
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  6 May 2021

  LyondellBasell Begins Polymer Production from Plastic Waste in Germany

  The new polymers, made from plastic waste, are marketed under the Circulen brand, certified by ISCC PLUS, and aim to reduce CO2 emissions and fossil-based raw material use.
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  31 March 2021

  Neste Prepares for Major Turnaround at Porvoo Refinery

  The Porvoo refinery's 12-week turnaround starts April 5, 2021, with EUR 330 million in investments. Safety measures for COVID-19 are in place. Product deliveries remain unaffected.
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  21 December 2020

  Neste Completes First Industrial-Scale Run with Liquefied Waste Plastic

  400 tons of liquefied plastic waste were processed into recycled feedstock. Preparations for future runs are underway, aiming to process 1 million tons annually by 2030.
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  3 November 2020

  Neste Acquires Bunge's Rotterdam Refinery

  The acquisition enhances Neste's renewable feedstock pretreatment capacity, supporting its goal to use 100% waste and residues by 2025 and expand production to reduce 20M tons of greenhouse gases by 2030.
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  7 May 2020

  Neste Acquires Count Terminal Rotterdam to Boost Renewable Raw Material Supply

  The acquisition enhances Neste's renewable raw material logistics and competitiveness, building on a long-term collaboration and expanding operations in the Rotterdam harbor area.
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  18 June 2019

  LyondellBasell and Neste Begin Commercial Production of Bio-Based Plastics

  The project used renewable hydrocarbons from waste oils to produce bio-based plastics for food packaging, achieving over 30% renewable content, verified by third-party testing.
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  8 September 2015

  Neste Begins Construction of Bio LPG Facility in Rotterdam

  The new facility will produce 40,000 tonnes of Bio LPG annually, reducing carbon footprints without equipment changes. SHV Energy will distribute it across Europe, supporting sustainability goals.