Neste urged the EU to relax biofuel feedstock restrictions to boost energy security as fossil fuel prices rise. Global biofuel output is expected to surge nearly 70% by 2030 amid increased blending ma
Finnish biofuel maker Neste posted record renewable margins amid Middle East supply disruptions, though Q2 core profit slightly missed forecasts despite tripled operating earnings.
Neste commissioned a €111 million waste plastic pyrolysis oil upgrading facility in Finland with 150,000-ton annual capacity. The project converts low-quality waste into petrochemical feedstocks, redu
Neste has commissioned a PyOil upgrading facility in Finland to process waste plastics, with full capacity ramp-up contingent on market conditions and EU recycled content regulations.
Neste lowers its GHG emissions reduction target to 2040, stating original goals require unrealistic investments under current circumstances.