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Emirates Marks First 100% SAF A380 Flight—Production Challenges Remain
First time drop-in SAF is used on an A380 with full compatibility across the aircraft’s existing... system. Cross industry collaboration brings in expertise from Airbus, Engine Alliance, Pratt & Whitney, ENOC, Neste and Virent. Landmark flight was powered by 100% SAF in one of four engines to test performance.
Finland's Neste to cut 400 jobs in cost cutting drive Finnish refiner and biofuels producer said it would merge its Renewable Aviation, Renewable Road Transportation and Renewable Polymers and Chemicals divisions into one. Neste also plans to streamline its development portfolio to realise additional savings, it said.
Finland's Neste to cut 400 jobs in cost cutting drive Finnish refiner and biofuels producer Neste says it plans to save 50 million euros annually. Neste expects to shed 400 jobs globally as part of the measures.
Neste raises Q3 refining margin outlook, says Singapore... Finnish oil refiner Neste raises its third-quarter margin outlook for the third quarter. Neste now its margin to be "significantly higher than in the second quarter" Northwest European diesel and gasoline margins have risen to a high level.
Neste's output snafu dents net-zero aviation goals Neste’s production woes are a big headache for Chief Executive Matti Lehmus. The 1.6 billion euro construction of the Singapore Expansion Project started at the beginning of 2019. Neste is now predicting that it will produce 230,000 tons less of renewable diesel and sustainable aviation fuel.
A drop in the ocean: Tiny volumes of alternative fuel means a long flight to sustainable aviation Finnish company Neste has opened a big biofuel refinery in Singapore. The painfully slow rollout of sustainable aviation fuel (SAF) is revealed in recent figures released by an airline.
The sustainable aviation fuel entrepreneurs poised for takeoff 450 billion litres of SAF a year will be required by 2050. SAF currently only 0.1-0.2% of aviation fuel supply globally. Neste looking at developing fuel from waste, algae and e-fuels.
Rio Tinto's California mine shifts trucks to run on renewable diesel Rio Tinto has converted trucks and other heavy equipment at its California mine to run on renewable diesel. The move reduces carbon dioxide emissions by 45,000 tonnes per year, or roughly the equivalent of 9,600 cars. The company is buying the renewable diesel from Finland's Neste.
Rio Tinto's California mine shifts trucks to run on... Rio Tinto Plc has converted trucks and other heavy equipment at its California mine to run on renewable diesel. The move reduces carbon dioxide emissions by 45,000 tonnes per year, or roughly the equivalent of 9,600 cars. Rio is buying the renewable diesel from Finland's Neste, which will produce the fuel from used cooking oil and animal fat waste.
Renewable fuels to drive Neste's growth this year - CEO Finnish refiner Neste expects renewable fuels to drive its growth this year. Neste has opened a second 1.3 million tonne-per-year renewable fuels plant in Singapore. The company expects waste and residues to account for over 90% of its feedstock.
Finland's Neste misses first-quarter earnings estimates, warns of market volatility Finnish oil refiner and biofuels producer Neste posts weaker than expected first-quarter operating earnings. January-March earnings before interest, tax, depreciation and amortisation (EBITDA) fell to 463 million euros ($509.9 million) from 916 million euros last year.
Neste to start production at Singapore renewables fuels expansion in 'weeks' - official Neste plans to inaugurate the 1.3 million tonne-per-year plant next month. Plant will boost Neste's sustainable aviation fuel capacity by up to 1 million tpy. Neste produces renewable fuels, mainly from waste and residues.
Dutch refinery to feed airlines' thirst for clean fuel Non-fossil aviation fuels that produce less net greenhouse gas emissions are key to plans to decarbonise air transport. Finnish giant Neste is preparing to significantly boost production of sustainable aviation fuel. These fuels will help airlines reduce CO2 emissions by up to 80 percent, according to the IATA.
Neste and Scania Pilot a Digital Solution to Make Renewable Fuels Use Easier to Track Neste and Scania Pilot a Digital Solution to Make Renewable Fuels Use Easier to Track. Combining data from...
Boeing Doubles Sustainable Aviation Fuel Purchase Boeing has agreements to purchase 5.6 million gallons (21.2 million liters) of blended sustainable aviation fuel (SAF) from Neste.
Finland's Neste flags need for new materials in rush for sustainable jet fuel Finnish refiner Neste posts strong revenue and profit growth in its renewable fuels business. Chief Executive flagged the long-term need for new raw materials. Neste has bet heavily on renewable fuels but is competing in a crowded space.
Finland's Neste shares jump 9% as Q4 profit beats... Finnish refiner Neste posts comparable fourth-quarter core operating results that beat analysts' forecasts. Neste has invested heavily in biofuels, including renewable diesel. Company is seeking to expand through a joint venture with US-based Marathon Petroleum.
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