Neste has completed the strategic study launched in September 2022, and begins a gradual transformation of its crude oil refinery in Porvoo, Finland into a leading renewable and circular solutions refining hub.

In November 2023, the Ministry of Economic Affairs and Employment in Finland granted Neste an energy investment aid of €1.96 million for heat recovery from the green hydrogen production being planned for the Porvoo refinery.

Neste and Outokumpu deepen their cooperation to reduce greenhouse gas emissions in mining.

In accordance with its ambition to reach carbon-neutral production by 2035, Neste is working on a 120MW electrolyser project to produce renewable (i.e. green) hydrogen at its Porvoo refinery in Finland.

Finnair has purchased 750 tons of Neste MY Sustainable Aviation Fuel from Neste to reduce the carbon emissions from flights departing from Helsinki Airport in Finland.

Neste is introducing public high-power charging (HPC) at its service stations in Finland for light and medium-duty electric vehicles.

The Air France-KLM Group and Neste have announced the expansion of their existing cooperation with a new partnership for the supply of Neste MY sustainable aviation fuel (SAF) to the Group. This new SAF agreement for a period of eight years is one of the largest of its kind in the aviation industry to date.

Power-to-Liquids technologies are on their way to commercialisation in scale. E-fuels offer a way to expand the carbon-neutral transport fuel pool beyond biomass-based renewable fuels to replace fossil fuels in existing internal combustion engines. 

Regional aircraft manufacturer ATR, Swedish airline Braathens Regional Airlines and sustainable aviation fuel (SAF) supplier Neste collaborated to enable the first ever 100% SAF-powered test flight on a commercial regional aircraft.

Coldplay is partnering up with Neste to take steps towards the band’s target of reducing CO2 emissions from the Music Of The Spheres World Tour by 50% compared to the band’s previous world tour.

Neste has closed the grant agreement process with CINEA and the European Commission, following the earlier announced positive EU Innovation Fund grant decision of €88m to Neste’s clean hydrogen project at the Porvoo refinery in Finland.

Neste will introduce its dedicated charging service for logistics companies in the Finnish market in February 2022.

Neste has published its Market and Innovation Outlook report, The Change Book, which compiles Neste’s expert views based on validated data for regulators, innovators, industry players and other organisations aiming to create a renewable and circular future.

The EU Innovation Fund has given a positive grant decision of €88m funding to Neste’s green hydrogen and CO2 capture and storage project, which aims to quickly and efficiently reduce greenhouse gas emissions at the Porvoo refinery in Finland.

Upon receiving its first delivery of sustainable aviation fuel (SAF), Dallas Fort Worth International Airport (DFW), in collaboration with Avfuel Corporation and Neste, became the first airport in the US to test a collaborative circular economy project in the aviation sector, the companies claim.

Starting from June 2021, Neste is piloting its first electric vehicle charging service targeted to logistics companies in Finland. The service will be piloted with Niemi Services at their site in the Konala area in Helsinki, Finland. The pilot project supports Neste’s and Niemi’s climate strategies and helps Niemi to reduce its climate emissions. Neste aims to launch a commercial charging service for electric vehicles in Finland by th...

Neste and Avfuel have announced a strategic partnership to create an efficient, continuous supply of sustainable aviation fuel (SAF) in the United States. Neste will provide Avfuel with SAF in volumes able to meet the growing demands of Avfuel’s customers, including fixed base operators (FBOs), airports, flight departments, original equipment manufacturers (OEMs) and commercial operators.

Neste has acquired a minority stake in Aircraft Fuel Supply B.V. (AFS). AFS is the owner and operator of the Amsterdam Airport Schiphol fuel storage company. Through its share in AFS, Neste is able to offer to airlines operating at Amsterdam Airport Schiphol in the Netherlands ongoing supply of Neste MY Sustainable Aviation Fuel with immediate effect.

Neste has acquired a minority stake in the German cleantech company Sunfire. Sunfire is a developer of high-temperature electrolysis technology. The company’s patented technology allows the production of renewable hydrogen as well as the direct conversion of water and CO2 into raw material for petrochemical products.

In 2019, Neste’s renewable products helped customers in several geographic markets to reduce greenhouse gas emissions by 9.6 million tonnes altogether. This amount equals the annual carbon footprint of 1.5 million average EU citizens or the removal of 3.5 million passenger cars from the roads for a full year.