Neste

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Neste in brief Neste (NESTE, Nasdaq Helsinki) uses science and innovative technology to transform waste and other resources into renewable fuels and circular raw materials. The company creates solutions for combating climate change and accelerating a shift to a circular economy. Being the world’s leading producer of sustainable aviation fuel (SAF) and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, the company aims to help its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030. The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the CDP and the DJSI lists of the world’s most sustainable companies. In 2023, Neste's revenue stood at EUR 22.9 billion. Read more: neste.com

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Neste Media Desk
You can reach us during office hours on weekdays (Finnish time) between 8.30 - 16.00, or via email at media@neste.com
+358 800 94025

Hanna Maula

Vice President, Communications and Brand

hanna.maula@neste.com

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Neste proceeds into execution phase with partners in the MultiPLHY project, aiming to demonstrate production of green hydrogen at its Rotterdam refinery

Tue, Nov 23, 2021 08:00 CET

Neste Corporation, Press Release, 23 November 2021 at 9 a.m. (EET)Neste is entering into execution phase with its partners in the MultiPLHY consortium. The MultiPLHY project aims at installing, integrating and operating the world's first high-temperature electrolyzer system in multi-megawatt-scale (~2.4 MW) at Neste’s renewable products refinery in Rotterdam to demonstrate production of green hydrogen for the refinery's processes. The technology of the high-temperature electrolyzer is provided by Sunfire.The MultiPLHY project started in early 2020

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Neste proceeds into execution phase with partners in the MultiPLHY project, aiming to demonstrate production of green hydrogen at its Rotterdam refinery

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