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Liquid Sun secures €4m for eSAF production

Fayaz Hussain

28 Nov 24

0

Voima Ventures announced €4m ($4.2m) investment in Finnish green technology company Liquid Sun to accelerate the development of sustainable aviation fuel (eSAF). The funding will…

Finnair to reduce emissions with SAF focus

Fayaz Hussain

30 Oct 24

0

Finnair has announced a new science-based target to reduce its carbon emissions intensity by 34.5% by 2033 through increased use of sustainable aviation fuels (SAF).…

Neste appoints Eeva Sipilä as new CFO; restructures leadership

Fayaz Hussain

28 Oct 24

0

Finnish Neste Corporation has announced a new leadership team structure alongside the appointment of Eeva Sipilä as its chief financial officer (CFO). Sipilä will officially…

Flying Forest takes root in Finland

Fayaz Hussain

28 Oct 24

0

Flying Forest. The name has all the hallmarks of a neologism – the kind of phrase that sounds like it was conjured up in a…

Sweco to provide engineering services for Norsk e-Fuel SAF site

Fayaz Hussain

17 Oct 24

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Finnish engineering and consulting company Sweco announced that it has partnered with Norsk e-Fuel to provide engineering services for sustainable aviation fuel (SAF) projects in…

Fortum, Norsk e-Fuel announce eSAF project in Finland

Fayaz Hussain

9 Oct 24

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Norwegian energy firm Norsk e-Fuel and Finnish state-owned energy company Fortum have agreed to reserve a 14-hectare area for a sustainable synthetic aviation fuel (eSAF)…

AM Green acquires Chempolis; to invest $1bn in SAF

Fayaz Hussain

23 Sep 24

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Indian energy transition solutions provider AM Green Technology and Solutions announced the acquisition of Finnish Chempolis Oy and Fortum 3 B.V. with plans invest $1bn…

Neste revises 2024 renewable products guidance

Fayaz Hussain

11 Sep 24

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Finnish refiner Neste revised its 2024 guidance for renewable products citing significant decline in diesel prices and relatively unchanged feedstock prices during the third quarter.…

Finland’s UPM delays work on SAF/HVO site

Fayaz Hussain

23 Jul 24

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Finnish forest company UPM has pushed the timeline on the development of its biofuels site by delaying investment decision amid market ‘turmoil’. “Before the potential…

Neste partners with VTTI to expand SAF supply network in Europe

Fayaz Hussain

28 May 24

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Finnish refiner Neste announced that it has partnered with Rotterdam-based energy storage and infrastructure developer VTTI and commissioned terminal capacity at the VTTI’s ETT terminal…

Neste lowers sales margin guidance for renewables

Fayaz Hussain

15 May 24

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Neste is revising its 2024 sales margin guidance for renewable products downwards due to a weakening market and falling credit prices. Neste expects its full-year…

Heikki Malinen appointed new President, CEO of Neste

Fayaz Hussain

2 May 24

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Neste Corporation’s Board of Directors has selected Heikki Malinen as the company’s incoming President and CEO. Malinen, who holds a MSc in Economics and an…

Neste’s Q1 revenue drops to €4.8bn

Fayaz Hussain

25 Apr 24

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Finnish renewable fuels company Neste saw its revenue decline in the first quarter of 2024 owing to lower market prices. Revenue for the quarter reached…

Neste reports €5.97bn revenue in Q3

Fayaz Hussain

26 Oct 23

0

Neste Group posted revenue of €5.9bn in the third quarter (3Q), down 9% year-on-year due to lower market and sales prices despite higher volumes. Segment-wise…

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