Neste Oil signs an algae oil off-take agreement with Cellana

Neste Oil, the world's largest producer of renewable diesel, has signed a contingent commercial off-take agreement with Cellana, an algae biomass developer based in the United States. The agreement will enable Neste Oil to purchase Cellana's algae oil for use as a feedstock in the future for producing renewable fuel.

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Neste Oil offers its fleet customers the option of card-free fueling. Customer case features Kone-Lahtinen, a Finnish company that offers internal logistic services to industrial operators.
 
As a global operator in the base oils business, it is crucial for us to ensure product supply globally at all times. Read more about the topic from our expert blog!
 
Neste Oil is the first company in the world to begin using tall oil pitch as a feedstock for refining into traffic fuel. Up until now, it has not been possible to use tall oil pitch, a residue produced by tall oil refiners, as a commercial-scale feedstock for fuel refining purposes.
 

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company focusing on advanced, cleaner traffic fuels.

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Interim report Q1 2013

Osari kevät


- Strong first-quarter comparable operating profit of EUR 135 million
- Renewable Fuels recorded a clearly positive comparable operating profit of EUR 26 million

 

Interim report Q1 2013

Interim report Q1 2013 presentation


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