Neste contributes to the EU green hydrogen value chain – European Commission grants IPCEI status for Porvoo refinery hydrogen projects

Neste Corporation, Press Release, 15 July 2022 at 4.30 p.m. (EET)Neste has become the first Finnish company to be granted IPCEI (Important Project of Common European Interest) status by the European Commission, which enables national public funding for Neste's clean hydrogen projects at Porvoo refinery. The Commission's approval is part of the EU's first wave of IPCEIs on hydrogen, which aims to develop and accelerate the production and use of clean hydrogen in Europe.On 15 July 2022, the European Commission approved 35 companies in 15 EU Member states for IPCEI status for