Contentful ID
3sCZj33HnSOTFLalxmr8ov
Keywords
Sustainable Aviation Fuel
Drop-in Fuel
Neste Corporation
Contentful ID
w36AoC39rKhNr5c2kCHsL
Company Values
Entity Description
Neste Corporation is a Finnish refining company that has produced both fossil and renewable fuels since 1948. Neste is currently the world's largest producer of sustainable aviation fuel (SAF) and produces 100,000 tonnes of SAF annually at their Porvoo biorefineries with plans to adapt their Rotterdam and Singapore facilities to support an annual production capacity of 1,500,000 tonnes of SAF by 2023 [1].
Entity Name
Neste Corporation
Focus Areas
General - Organization
Entity Type
Company
Is LCRI Company?
Yes
Technology Areas
Technology Description
Neste MY Sustainable Aviation Fuel is a drop-in alternative to conventional jet fuel produced from a variety of biomass feedstocks including used cooking oils and agricultural waste using Neste's NEXBTL technology. Because of the use of carbon-neutral feedstocks as opposed to conventional fossil-based feedstocks, Neste MY Sustainable Aviation Fuel can reduce carbon emissions by as much as 80% compared to traditional jet fuel [1].
Technology Name
Neste MY Sustainable Aviation Fuel