Neste news (page 2)

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.

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.

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.

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.

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.

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.

The Rotterdam refinery produces premium NExBTL renewable diesel, employs 150 people, and can produce 800,000 metric tons annually, reducing greenhouse gases by over 1.5 million tons each year.

The sale of the Sines ETBE plant will slightly boost Neste Oil's Q2 results. The plant, with a 50,000-tonne capacity, was converted to ETBE production in 2005.