Neste has increased its partnership with one of Sweden’s largest fuel companies OKQ8. Neste MY Renewable Diesel, produced from renewable and sustainable raw materials, will become available at 130 OKQ8 network stations by the end of the year. The total Neste MY Renewable Diesel sales points in Sweden will more than double to over 200 by year-end. Andréa Haag, director... [Read More]

The Dekker Group has revealed plans to expand its operations in the port of Rotterdam. The company had extended its long-term lease contracts for its subsidiary Maastank at Welplaatkade in the Botlek area by 25 years. Managing director Jan Duel said: “By entering into this new long-term lease for our existing and newly-allocated sites, we plan to further strengthen... [Read More]

The Food and Agriculture Organisation (FAO) price index for vegetable oils in April slipped 5.2% compared to the previous month. This was down 7.2 points to 131.8 points - the lowest level since August 2019 and also the third decline in the last three months. According to the FAO the reason was falling prices for palm oil, soybean oil and rapeseed oil. In contrast,... [Read More]

Neste is bringing renewable diesel to a significant number of new stations in Finland. With the expansion, Neste MY Renewable Diesel will be available at around 120 stations in growth centres as well as smaller towns. Katri Taskinen, vice president responsible for the sales of the Neste station network in Finland, said: “Our customers have asked for more stations... [Read More]

Growth Energy has welcomed the inclusion of long-awaited assistance for the struggling biofuels industry in the HEROES Act. The Health and Economic Recovery Omnibus Emergency Solutions (HEROES) Act is a new COVID-19 relief package that has passed the US House of Representatives. “The economic onslaught sparked by COVID-19 has taken a terrible toll on rural families,... [Read More]

Neste has acquired 100% of the Count Terminal Rotterdam BV and its supporting entities. The transaction with the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, was sealed on 7 May. Peter Vanacker, Neste’s president and CEO, said: “This is another important step for Neste in the execution... [Read More]

More land in the EU-27 has been planted with oilseeds for the 2020 crop than the previous year due to the expansion in rapeseed and soy areas. The EU Commission estimates the EU-27 oilseed area for the 2020 crop at 10.6 million hectares. According to information published by the EU Commission, rapeseed accounts for the largest share of the oilseed area, as it did in... [Read More]

The National Biodiesel Board (NBB) has welcomed the available funding for competitive, cost-shared grants to support infrastructure for higher blends of biodiesel. The US Department for Agriculture (USDA) issued a notice that funds are being made available under the Higher Blends Infrastructure Incentive Programme (HBIIP). Kurt Kovarik, NBB's vice president of federal... [Read More]

The US Department of Agriculture (USDA) has announced more details surrounding the application process for its higher blends Infrastructure Incentive Programme (HBIIP) that makes available $100 million (€91 million) in competitive grants. The grants are for activities designed to expand the sale and use of renewable fuels, $86 million (€78 million) of which is reserved... [Read More]

US production of biodiesel hit 132 million gallons (600 million litres) in February, the latest figures reveal. According to the US Energy Information Administration (EIA) biodiesel production was 2 million gallons (9.09 million litres) lower than production in January. Biodiesel production from the Midwest region accounted for 75% of the US total. Production came from... [Read More]

Neste’s acquisition of Mahoney Environmental, a leading collector and recycler of used cooking oil in the US, in March has been approved by the regulatory authorities. “The completion of this transaction is an important step forward in delivering on Neste’s growth strategy in renewables and in strengthening our global renewable raw material platform, building on... [Read More]

Australia and Ukraine have contributed record levels to German rapeseed imports in February. According to information published by the German Federal Statistical Office, the previously buoyant German rapeseed imports in the last 12 months marketing year continued into this year. Market participants had feared that imports would decline sharply at the beginning of this... [Read More]

The UK government has announced that 2,351 million litres of liquid biofuels were used in transport last year, which was an increase of 24% on the year before. In 2018, 1,899 million litres were consumed. The Renewable Transport Fuel Obligation (RTCO) put up the percentage of biofuel production for transport fuel produces from 7.25% in 2018 to 8.5% last year. According... [Read More]

South East Asian biodiesel producers have dampened down hopes of a rise in export sales despite having surplus product available. Countries like Indonesia and Malaysia have seen consumption slashed as the Covid-19 pandemic lockdown measures have lessened demand for fuel. Malaysia's lockdown is similar to many western countries with shops closed and streets deserted. Malaysia... [Read More]