Releases and news

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23 November 2016 Releases and news
Increasing Renewable Fuel Volumes included in US EPA's 2017 renewable volume final rule
Neste Corporation Press Release 23 November 2016 at 11:45 pm (EET) Increasing Renewable Fuel Volumes included in US EPA's 2017 renewable volume final rule The Environmental Protection Agency (EPA) in the US published the final ruling covering renewable fuel volume requirements for 2017 under the Renewable Fuel Standard (RFS) program on 23 November 2016. The final rule calls for further increases in the volumes requirements above those in proposed rule published on 18 May 2016 and includes an increased volume requirement for biomass-based diesel for 2018. The EPA ruling provides for increases across all types of biofuels. For 2017, the EPA sets volume requirements of 4.28bn gallons (up from 3.61bn gallons in 2016) for...
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23 November 2016 Releases and news
There's a way for your car to run on waste fat from Thanksgiving turkey
Neste Corporation Press Release23 November 2016 at 5 pm (EET) There's a way for your car to run on waste fat from Thanksgiving turkey The Americans consume over 46 million turkeys every Thanksgiving. What if waste fat from turkey roasting could also fuel up our cars? Believe it or not, there's already a way to make it happen. The world's leading renewable fuel producer Neste has the technology to turn excess cooking fat into renewable fuel. This Christmas they are asking Finnish households to collect their cooking leftovers for fuel production. Their goal is to produce enough renewable fuel from food waste to enable a private car to travel three times around the globe. According to Neste's calculations, the waste fat...
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21 November 2016 Releases and news
Neste's renewable diesel to decarbonize Hamburg Airport's ground fleet
Neste Corporation Press Release 21 November 2016 at 3 pm (EET) Neste's renewable diesel to decarbonize Hamburg Airport's ground fleet Copyright: Michael Penner, Hamburg Airport Hamburg airport in Germany has started using Neste's renewable diesel as a solution to reduce its reliance on fossil fuels. Having made the switch to premium-quality "drop-in" renewable diesel in its diesel-powered ground fleet, the airport is able to significantly reduce its carbon footprint. Part of the airport's ground fleet has already been powered by alternative energy sources. The switch to renewables will now be completed with the heavy duty vehicles, such as aircraft tugs and fire-fighting vehicles, making Hamburg Airport the first...
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07 November 2016 Releases and news
Neste focuses on its own extensive social responsibility development program - IOI developing in the right direction
Neste CorporationNews7 November 2016 Neste focuses on its own extensive social responsibility development program - IOI developing in the right direction On November 7, 2016, Finnwatch published a follow-up study report on the operations of the Malaysian palm oil company IOI, focusing particularly on human and labor rights. The report primarily focuses on the operations of IOI, but it also touches on those operations of the Finnish companies Paulig and Neste that have to do with IOI. Neste has not commenced purchases of raw materials from IOI IOI was one of Neste's palm oil suppliers during the previous Finnwatch studies. On April 12, 2016, we announced that we had suspended raw material purchasing from IOI after the...
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02 November 2016 Releases and news
Neste's work on ensuring human rights in its palm oil supply chain strives to set good examples
Neste Corporation News 2 November 2016 Neste's work on ensuring human rights in its palm oil supply chain strives to set good examples Neste is working hard to tackle common challenges related to human rights and the fair treatment of workers in the palm oil industry. Collaboration with NGOs is crucial in advancing social sustainability. For years, Neste has focused on tackling environmental issues related to its palm oil supply chain. Even though the significance of crude palm oil in Neste's portfolio of renewable raw material has dramatically diminished over the years - crude palm oil use currently representing less than 20% of the company's renewable raw material use while the rest, nearly 80%, consists of wastes and...
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28 October 2016 Releases and news
Neste Renewable Diesel to power the fleet of yet another major Californian city - The City of San Diego switched to renewables
Neste Corporation Press Release 28 October 2016 at 6 pm (EET) Neste Renewable Diesel to power the fleet of yet another major Californian city - The City of San Diego switched to renewables The City of San Diego in California has recently started using Neste Renewable Diesel in its vehicle fleet consisting of service trucks, refuse packers, dump trucks, construction equipment, and street sweepers, to name a few. By switching from conventional petroleum diesel to Neste Renewable Diesel, the City of San Diego joins California's cleanest city fleets including the City of San Francisco, City of Oakland, City of Walnut Creek, City of Carlsbad, and County of Sacramento. "Air quality is a significant concern in many cities...
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08 September 2016 Releases and news
Neste renews the Finnish diesel markets - launches 100% renewable diesel
Neste CorporationPress Release8 September 2016 at 12.30 pm. (EET) Neste renews the Finnish diesel markets - launches 100% renewable diesel Neste is planning to start selling diesel produced entirely from renewable raw materials at selected stations in Finland around the turn of the year. The new product offers environmentally conscious consumers and corporate customers a sustainable and easy solution for reducing traffic-borne emissions. Majority of the renewable raw materials the company uses to refine the product, consists of waste and residues. The product launch is one of Neste's ways to participate in the centenary of Finland's independence in 2017 known as 'Finland 100 years'. "Neste is a pioneer in developing...
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08 September 2016 Releases and news
Neste listed in the Dow Jones Sustainability Index already for the 10th time
Neste CorporationPress Release8 September 2016 at 12 pm (EET) Neste listed in the Dow Jones Sustainability Index already for the 10th time Dow Jones Sustainability Indices (DJSI) have again listed the world's most sustainable companies. Neste was included in the DJSI World Index for the 10th consecutive time, this year being the only one of the European oil companies included on the list. In this year's analysis, Neste ranks high especially with regard to water related issues, environmental reporting, as well as supply chain management. The analysis is based on year 2015, during which Neste started systematically improving its performance related to social issues. Particularly, labor and human rights issues in the...
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