Climate love

Gorffly mokua

5 d

Neste

Climate love

Renewable fuels to drive Neste's growth this year.

Despite projections for lower oil product margins in the second quarter, Neste, a Finnish refiner, expects renewable fuels from its new facilities in Singapore and the U.S. to propel its growth this year. The business has launched a second renewable fuel facility in Singapore with a capacity of 1.3 million tonnes per year (TPY), raising the overall capacity for sustainable aviation fuel (SAF) at the location to 1 million tonnes per year. The macroeconomic environment is having an impact on many firms, but Neste has constructed a second renewable fuel facility in Singapore that can produce 1.3 million tonnes of fuel year, boosting the site's total capacity for SAF to 1 million tonnes annually.
https://biz.crast.net/renewable-fuels-to-drive-nestes-growth-this-year-ceo/


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13 more agrees trigger contact with the recipient

  • johnte ndeto

    4 d

    Impressive green is the way

    7
    • Munene Mugambi

      4 d

      Nestle making strides in going green and remaining sustainable

      1
      • Peter Karanga

        4 d

        The rise of renewable fuels, which offer cleaner alternatives to traditional fossil fuels, shows no sign of slowing down, so Neste is in a good position to benefit from the trend.

        7
        • Tabitha Kimani

          5 d

          Continued investments towards clean energy will eventually lower operational costs.

          11
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