Towards 100% waste and residues by 2025
We are increasing the share of waste and residues towards 100% of our total renewable raw material inputs by 2025. In the mid to longer term, we expect to use also other types of raw materials.
More than
10 different
raw materials
in our portfolio.
Waste and residues increased to
92%
of our renewable raw material inputs in the first half of 2021.
Aiming to process
over 1 MT
of plastic waste from 2030 onwards.
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WIDE VARIETY
Alternatives to fossil oil
We use nearly 10 different sustainably-produced raw materials each year to produce our renewable products at our refineries in Finland, the Netherlands and Singapore.
WASTE AND RESIDUES
100% waste and residues
We have focused on waste and residue raw materials for over a decade. We are now working on growing their share towards 100% of the company’s total renewable raw material inputs by 2025. In the mid to longer term, we expect to use also other types of raw materials.
FUTURE
R&D to diversify our portfolio
We are increasing the availability of renewable and recycled raw materials while also developing technologies to diversify our current raw material portfolio.
News and inspiration
The disruptive mission of Stephan Krueger
The recycling industry needed to change drastically. “I think mechanical recycling still sees chemical recycling as competition, but the two are complementary."
Neste’s acquisition of US-based company Mahoney Environmental closed
Neste completed the acquisition of Mahoney Environmental a leading collector and recycler of used cooking oil in the United States, and its affiliated entities.
Neste invested in Sunfire
Neste acquired a minority stake in the German cleantech company Sunfire GmbH. Its technology allows the production of renewable hydrogen as well as the direct conversion of water and CO2 into raw material for petrochemical products.