Neste Corporation, News, 29 October 2018 at 9 am. (EET)
Nominated by the Council of Finnish Academies, Senior Vice President of Technology at Neste, Dr. Lars Peter Lindfors and his team have been awarded with the Eric and Sheila Samson Prime Minister’s Prize for Innovation in Alternative Fuels for Transportation. This is a globally highly recognized prize for innovation in the field.
The team has been credited specifically for their groundbreaking work with NEXBTL technology. This has enabled the building of Neste’s Renewable Products business, that generated some EUR 3 billion in revenue last year and helped to reduce climate emissions by 8.3 million tons.
“Cutting edge research and development are at the heart of doing at Neste, which is why it is no wonder our talented professionals receive recognition on a global scale. We have been on an exciting technological development journey for the past decades and will continue to focus on innovating sustainable solutions for our customers in the future as well”, says Matti Lievonen, the President & CEO of Neste.
The globally recognized prize has been gladly accepted by Lindfors and his team. “I am truly honored by this recognition - not only for myself and the team, but for everyone at Neste, who made this innovation’s commercial success possible”, says Lindfors.
The team is represented by the three inventors of the first related process patent, Pekka Aalto, Ulla Kiiski and Outi Piirainen. Since then the innovation has grown to involve professionals from different teams and units throughout the company.
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More information: Lars Peter Lindfors, Senior Vice President, Technology, Neste, lars-peter.lindfors(at)neste.com, tel. +358 50 458 3605
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2017, Neste's revenue stood at EUR 13.2 billion. In 2018, Neste placed 2nd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com