Finland’s UPM delays work on SAF/HVO site news Fayaz Hussain 23 Jul 24 0 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… Read more
Neste partners with VTTI to expand SAF supply network in Europe news Fayaz Hussain 28 May 24 0 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… Read more
Neste lowers sales margin guidance for renewables news Fayaz Hussain 15 May 24 0 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… Read more
Heikki Malinen appointed new President, CEO of Neste news Fayaz Hussain 2 May 24 0 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… Read more
Neste’s Q1 revenue drops to €4.8bn news Fayaz Hussain 25 Apr 24 0 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… Read more
Neste reports €5.97bn revenue in Q3 news 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… Read more