Carbon Management
Neste to acquire Walco Foods to strengthen its renewable raw material sourcing
Neste, a leading producer of renewable diesel and SAF-produced from waste and residue raw materials, has agreed to acquire 100% of Walco Foods, an Irish trader of animal fats.
Avfuel, Neste collaborate to help business aviation reach net-zero goals faster
Given Neste’s expertise in renewable fuels and its fast-growing production capacity of SAF, Avfuel chose Neste as its strategic partner in January 2021 to develop an efficient and continuous supply of Neste MY Sustainable Aviation Fuel throughout North America and overseas.
The downstream rundown: In case you missed it 7/22
In case you missed any downstream news, here are the top stories from last week.
American Airlines, Gevo sign agreement for purchase of SAF
American Airlines announced it has finalized an agreement with biofuel company Gevo, Inc. for SAF. Over five years, American has committed to purchasing 500 MM gallons of SAF, the most significant SAF offtake commitment to date for the carrier.
Technip Energies wins contract with Neste for renewable products refinery expansion in Rotterdam
Technip Energies has been awarded a significant contract by Neste for the expansion of their renewable products production capacity in Rotterdam, the Netherlands, as part of the existing Partnership Agreement between Technip Energies and Neste.
P2X-Europe hits milestone for power-to-liquids project in Portugal
The PIN Award is a qualification reserved for investments that make a significant contribution to the country’s economy. The formal recognition is an official expression of confidence as it endorses overall project design as well as economic, financial, technical, and environmental viability.
INNIO Waukesha and Detechtion Technologies announce technology collaboration
INNIO Waukesha Gas Engines Inc, and Detechtion Technologies Inc. announced a technology collaboration that will expand asset connectivity, drive a customer-centric digital ecosystem and empower our customers' transition to decarbonization.
Boeing and Alder Fuels partner to scale SAF globally
Boeing and Alder Fuels announced a new partnership to expand production of sustainable aviation fuel (SAF) around the world. Using Boeing airplanes, the companies will test and qualify Alder-derived SAF, advance policies to expedite the transition to renewable energy in aviation.
Technip Energies and National Petroleum Construction Company create joint venture to accelerate energy transition
The new joint venture NT ENERGIES LLC aims to support energy transition in the UAE, the broader Middle East region and North Africa by providing added value services in blue and green hydrogen and related decarbonization projects
The downstream rundown: In case you missed it 7/15
In case you missed any downstream news, here are the top stories from last week.
- ExxonMobil plans 1 Blbs/yr of advanced recycling by 2027 11/22
- Gauging the likely Trump effect on U.S. energy and power sectors 11/22
- Russia's Lukoil restoring cracker at NORSI refinery, gasoline output rising 11/22
- Nigeria's local currency crude sales fall short of target, Dangote refinery says 11/22
- U.S. October gasoline imports hit post-pandemic low on slump in European shipments 11/22
- Clean Hydrogen Works awards McDermott FEED contract for Ascension Clean Energy (ACE) project 11/21
