Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Read more: neste.com. Many people will get helpful from this one. Nestes sustainable aviation fuel annual capacity is currently 100,000 tons (34 million gallons). It is a solution to reduce carbon emissions from aviation. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Today, Neste produces 100,000 tons of SAF and production will increase to 1.5 million tons (around 1.875 billion litres) annually by the end of 2023. As companies adopt new meeting and engagement approaches taking the lessons learned during the global pandemic, some corporate travel for in-person meetings is likely to remain. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology, Susanna Sieppi Nestes SAF is made from sustainably sourced, 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste. Advisory, Engineering and Project Management Services, Technology, products and future raw materials, Millennium Innovation Forum Satellite Event in Singapore, Digitalization in Feedstock and Sustainability, Sustainability and Feestock Digitalization, Renewable and circular solutions for polymers and chemicals, Neste Oyj, Production / Porvoo and Naantali, Neste Markkinointi Oy, Marketing & Services, Questions and answers about Neste and plastics, Human and labor rights within the palm oil sector, Our response to palm oil related criticism, Sponsorships, marketing cooperations and charitable contributions at Neste, Information for Nominee Registered Non-Finnish-Resident Shareholders, Shareholders with nominee-registered holdings, Financial Statements and other AGM documents, Making counterproposals to the proposed resolutions and presenting questions in advance, President and CEO and Executive Committee, Internal control over financial reporting, Insiders subject to Declaration Requirement, Photo: Neste Alaska Airlines American Airlines JetBlue Airways. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, we are also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. Neste MY SAF is produced from sustainably sourced, 100% renewable waste and residue raw materials, including used cooking oil and animal fat waste. How can renewable fuels contribute to sustainable mobility? We have a long way to go. We are also a technologically advanced refiner of high-quality oil products. Feb 16 (Reuters) - Finland's Neste (NESTE.HE) plans to produce its first batch of sustainable aviation fuel (SAF) in Singapore by the end of first quarter next year after the COVID-19. With the Singapore refinery expansion on the way, and with possible additional investment into the Rotterdam refinery, Neste will have the capacity to produce some 1.5 million tonnes (515 million gallons) of SAF annually by 2023. And now, BCG is the first corporate client of Neste that is benefiting from the same SAF-based solution for emission reductions. Leonardo announced that Abu Dhabi Aviation (ADA) has signed a contract to procure six AW139 intermediate twin engine helicopters. The Dutch company has its head office in Breda and regional offices and storage locations all over The Netherlands. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuels life cycle compared to using fossil jet fuel. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place. In 2022, Neste's revenue stood at EUR 25.7 billion. Boeing will purchase 5.6 million gallons (21.2 million liters) of blended sustainable aviation fuel (SAF) to support their carbon footprint reduction strategy through 2023. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. What Personal Data do we collect about you? We are proud to be a part of this collaboration along with our partners EPIC Fuels, Signature Aviation and Avfuel.. Purchasing Neste MY Sustainable Aviation Fuel (SAF) can help companies to minimize the climate impact of their air travel that is still required. *) When used in neat form (i.e. How long do we retain your Personal Data? How to effectively achieve sustainable mobility? Jauhiainen holds a Master of Science degree in Finance from the Helsinki School of Economics, and a Master of Science degree in Industrial Engineering and Management from the Helsinki University of Technology. The reality is that flying planes on sustainable aviation fuelknown as SAFfaces big hurdles, and the airline acknowledged in the ad that it currently uses less than 0.1% of SAF for its fuel . We are really pleased to partner up with a leading international consultancy firm like BCG to make this happen.. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80 percent over the fuel's life cycle, compared to using conventional jet fuel. Airbus is also a European leader in defence and security and one of the world's leading space businesses. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. Share on Twitter We are the world's leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. It is widely available and used globally. Advisory, Engineering and Project Management Services, Technology, products and future raw materials, Millennium Innovation Forum Satellite Event in Singapore, Digitalization in Feedstock and Sustainability, Sustainability and Feestock Digitalization, Renewable and circular solutions for polymers and chemicals, Neste Oyj, Production / Porvoo and Naantali, Neste Markkinointi Oy, Marketing & Services, Questions and answers about Neste and plastics, Human and labor rights within the palm oil sector, Our response to palm oil related criticism, Sponsorships, marketing cooperations and charitable contributions at Neste, Information for Nominee Registered Non-Finnish-Resident Shareholders, Shareholders with nominee-registered holdings, Financial Statements and other AGM documents, Making counterproposals to the proposed resolutions and presenting questions in advance, President and CEO and Executive Committee, Internal control over financial reporting, Insiders subject to Declaration Requirement, Photo: Sustainable Aviation Fuel - tunker truck at airport, Photo: Photo - Sami Jauhiainen Vice President Business Development at Neste and Tuukka Sepp Managing Director and Senior Partner at Boston Consulting Group signing the agreement. At Airbus, we believe SAF is one of aerospaces most promising decarbonisation solutions that can be used in both in-service aircraft fleets and those of tomorrow. Yet, some travel will be needed going forward in order to deliver the greatest value to our clients. Learn more about whats happening at American by visiting news.aa.com and connect with American on Twitter @AmericanAir and at Facebook.com/AmericanAirlines. With Alaska and its Global Partners, guests can earn and redeem miles on flights to more than 800 destinations worldwide. How to effectively achieve sustainable mobility? The company was recently named one of the world's top ten safest airlines by airlineratings.com, the world's only safety and product rating agency, and 2020 Airline of the Year by ATW, the most coveted honour an airline or individual can receive, recognising individuals and organisations that have distinguished themselves through outstanding performance, innovation, and superior service. The airline has been continuously adding new Airbus A321neo aircraft to its fleet and replacing older aircraft. Source: Catom. The International Air Transport Association (IATA) has already taken steps in the right direction by committing to achieving carbon neutral growth from 2020 onwards and net-zero carbon emissions from the global air transport industry operations by 2050. Many people will get help from this one. Neste, the world's largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, is supplying Alaska Airlines, American Airlines and JetBlue Airways with sustainable aviation fuel for flights from San Francisco International Airport (SFO). Further information: Please contact Nestes media service, tel. We need to work together to achieve the necessary GHG emission reductions from aviation, and solutions like this will definitely play an important role in this journey towards lower emissions,says Lars Andersen Resare, Head of Sustainability, SAS. Neste, the world's largest producer of renewable diesel and sustainable aviation fuel (SAF) produced from waste and residue raw materials, is supplying Alaska Airlines, American Airlines and JetBlue Airways with sustainable aviation fuel for flights from San Francisco International Airport (SFO). We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. We are a fast growing company, with ambitious goals. Asian Aviation Editor MattDriskillisIn Conversation with Sami Jauhiainen, who leads Nestes sustainable aviation fuel (SAF) business in the Asia Pacific region. How to use your GDPR rights? AutoFlight, the global eVTOL (electric Vertical Take Off and Landing) pioneer, today announced it has entered into a contract with EVFLY. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. How can renewable fuels contribute to sustainable mobility? Alaska Airlines, American Airlines and JetBlue Airways are the first major U.S. airlines to commit to adopt Nestes SAF at SFO, building on their strong track records of sustainability. EPIC Fuels, Signature and Avfuel will supply blended SAF for Boeings ecoDemonstrator program and the companys fuel storage in Washington state and South Carolina. Ultimately to make these moves, collaboration, and partnerships like this one are essential for long-term change, and Neste is proud to be working with these major U.S. carriers, who with us are taking a stand for sustainability.. We are the worlds leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. Sustainable Aviation Fuel is a very important part of aviations transition to lower GHG emissions. Currently, Neste's sustainable aviation fuel annual capacity is 100,000 tons; but with the Singapore refinery expansion on the way, and an additional investment into the Rotterdam refinery, Neste will have the capacity to produce some 1.5 million tons of SAF annually by the end of 2023. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. A total of 64 airports in Asia-Pacific and Middle East have collectively contributed towards 162,623 tonnes of carbon reduction (Scope 1 & 2), according to the ACI Airport Carbon Accreditation (ACA) A Singapores Changi named Worlds Best Airport. +358 50 458 5076 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). We also have set high standards for biodiversity, human rights and supply chain. https://asianaviation.com/deals-abound-for-advanced-air-mobility-industry/, Indra wins deal to upgrade ATC in India We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Airbus working to develop paramedic NextGen eVTOL, Airbus Helicopters has partnered with the Norwegian Air Ambulance Foundation to develop CityAirbus NextGens future missions for medical services. Thanks for sharing it with us Well Described and Very informative post it was. Airbus has been collaborating intently with its partners, including Neste, an oil refining powerhouse, with over seven decades of experience in fuels. In helicopters, Airbus provides the most efficient civil and military rotorcraft solutions and services worldwide. Reducing our greenhouse gas emissions is an important part of JetBlue Airways business plan. BOC Aviation recorded a net profit after tax (NPAT) for the period of US$20 million, as a strong second half performance offset the first half write down of the value of aircraft formerly leased to ai Sabre announces distribution agreement with new Bangladesh airline Air Astra. Neste MY Sustainable Aviation Fuel is produced from 100% sustainably sourced renewable waste and residue raw materials, including used cooking oil and animal fat waste. Read more: neste.com. In 2021, Neste's revenue stood at EUR 15.1 billion. The combined knowledge and expertise of the companies will help advance the use and availability of SAF as a means of transitioning aviation towards more sustainable energy sources and reducing the climate impact of aviation, said Thorsten Lange, Executive Vice President, Renewable Aviation at Neste. Boeing has agreed to purchase Neste MY Sustainable Aviation Fuel supplied by EPIC Fuels, Signature Aviation and Avfuel to power its U.S. commercial operations through 2023. We are excited to see the commitment of corporate travelers to join the common cause of making air travel more sustainable. Neste Corporation, Press Release, 22 February 2023 at 11.00 a.m. (EET). And very proud to be able to add Neste MY Renewable Diesel to our portfolio of fuels. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. How to effectively achieve sustainable mobility? We are the worlds leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We are the worlds leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We are the worlds leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology, Susanna Sieppi Neste MY Sustainable Aviation Fuel is made from sustainably sourced, renewable waste and residue raw materials. Read more: neste.com. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. We also have set high standards for biodiversity, human rights and supply chain. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuels life cycle, compared to using conventional jet fuel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Learn more about Alaska at newsroom.alaskaair.com and blog.alaskaair.com. Neste MY Sustainable Aviation Fuel is produced from sustainably-sourced, 100% renewable waste and residue raw materials, such as used cooking oil and animal fat waste. Please subscribe to Nestes releases at https://www.neste.com/for-media/releases-and-news/subscribe. But can you fuel your next private flight with SAF? We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the worlds most sustainable companies. We aim at helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). We are a fast growing company, with ambitious goals. With its subsidiary OK Oliecentrale, Catom is market leader in the Netherlands in selling high-quality fuels to end-customers in the Netherlands. SAF is a cleaner, direct replacement for fossil jet fuel and reduces greenhouse gas (GHG) emissions by up to 80%* compared to fossil jet fuel. This collaboration with Airbus connects a pioneer in the aerospace industry with a leader in renewable fuels. Through this new partnership, BCG expects to significantly reduce greenhouse gas emissions on flights with these airlines. The Dutch company has its head office in Breda and regional offices and storage locations all over The Netherlands. Unfortunately, it does not help thousands of frustrat over 200 pax crammed in the plane like fish in a sardine can with only 3 toilets????? JetBlue Airways carries more than 42 million customers a year to nearly 100 cities in the U.S., Caribbean, and Latin America with an average of more than 1,000 daily flights. How long do we retain your Personal Data? We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. Neste is committed to helping the aviation industry move towards a more sustainable future. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste Corporation, News, 15 February 2023, Photo: Boeing ecoDemonstrator. Neste MY Sustainable Aviation Fuel is a today solution, commercially available and in use worldwide. Further information:Please contact Neste's media service, tel. By Alex Martin The partnership uses a system called Pay Here, Use There / Neste Sustainable Aviation Fuel (SAF) promises an emissions reduction of up to 80% and with it, a potential solution to business aviation's biggest problem. Daily News Bulletin from Asian Aviation for 17/03/23 - http://eepurl.com/im5Ng-/, Deals abound for advanced air mobility industry Neste Corporation, News, 17 March 2023 Photo: At the Catom headquarters in Breda, The Netherlands. *) The GHG emission reduction percentage varies depending on the region-specific legislation that provides the methodology for the calculations (e.g. Neste is partnering with Catom in the Netherlands to increase the supply and distribution of Neste MY Renewable Diesel and to contribute to the reduction of greenhouse gas emission in the transport sector. We have been working with Neste, a leader in renewable fuels, for a number of years, and were proud to take this step to boost the market for sustainable jet fuel., Air travel connects people and cultures and supports a global economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. Neste Corporation, Press Release, 17 June 2021 at 1p.m. (EET), Photo: Sami Jauhiainen, Vice President, Business Development at Neste and Tuukka Sepp, Managing Director and Senior Partner at Boston Consulting Group signing the agreement. SAF is a next generation aviation fuel providing a more sustainable alternative to conventional, fossil based jet fuel. Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. JetBlue Airways is New York's Hometown Airline, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles (Long Beach), Orlando, and San Juan. SAF is a next generation aviation fuel providing a more sustainable alternative to conventional, fossil based jet fuel. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. Through the Sustainable Travel Partners program, JetBlue's corporate partners are helping source 325,000 gallons of SAF, reducing 2,730 metric tons of CO 2 emissions. Jauhiainen is passionate about business opportunities that serve the purpose of creating a healthier planet for our children. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. Airports in APAC, Middle East cut carbon use. Neste is the world's leading manufacturer of SAF. The Company constantly innovates to provide efficient and technologically-advanced solutions in aerospace, defence, and connected services. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. SAF is an important lever to reduce the climate impact of flying, and the use of Neste MY Sustainable Aviation Fuel offers up to 80%* reduction in life cycle greenhouse gas emissions (GHG) compared to conventional fossil jet fuel. The SAF volumes to be purchased are a key part of the airlines environmental strategy to reduce carbon emissions intensity per passenger kilometer by 25% by 2030 and reach net-zero by 2050. The agreement gives Wizz Air the opportunity to purchase 36,000 tons of Neste-produced sustainable aviation fuel (SAF) per annum over a period of three years for the airline to use across its route network in Europe and the UK. BCG has committed to achieving net-zero climate impact by 2030, and supports efforts to scale up the adoption of sustainable aviation fuels to decarbonize air travel as part of its broader strategy to reduce emissions resulting from business travel. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. The Central Europe Pipeline System We look forward to working together with Wizz Air on the reduction of their carbon emissions, as we increase our annual SAF production capacity to 1.5 million tons by the end of 2023, said Jonathan Wood, Vice President Europe, Renewable Aviation at Neste. We also have set high standards for biodiversity, human rights and supply chain. Do we share Personal Data about you with others? While many solutions, such as electrified aviation, are still in early stages of development, the industry needs solutions to cut the direct carbon emissions of flying. Neste MY Sustainable Aviation Fuel is produced from sustainably sourced 100% renewable waste and residue raw materials, including used cooking oil and animal fat waste. Neste Corporation, Press Release, 22 November 2022 at 3.00 p.m.. Neste has delivered over 500,000 gallons of sustainable aviation fuel to Los Angeles International Airport in cooperation with . Neste MY Sustainable Aviation Fuel can be used as a drop-in fuel as it is compatible with existing aircraft engines and airport infrastructure, requiring no extra investment into these. Catom is a Dutch company active in the trade, distribution and sales of fuels and lubricants. The National Aeronautics and Space Administration (NASA) has launched the Sustainable Flight National Partnership to collaborate with the FAA and industry to accelerate the maturation of aircraft. With Neste MY Renewable Diesel greenhouse gas emissions can be reduced by as much as 75 to 95%* compared to fossil diesel, Peter Zonneveld continues. Nestes SAF will be blended with conventional jet fuel at a 30/70 ratio to produce 5.6 million gallons of blended SAF. Sustainable aviation fuel Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. At the same time, Neste is entering into bold, new partnerships to increase the global availability of SAF. For more information, please visit jetblue.com. The blended SAF will be supplied to Boeing by Nestes partners EPIC Fuels, Signature Aviation, and Avfuel. SAF is blended with conventional jet fuel and works seamlessly with existing fueling infrastructure and aircraft engines. Aviation accounts for approximately 2 to 3% of global CO2 emissions, and as air travel is expected to double in the next 15 years, these numbers will grow rapidly. We are the worlds leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. While many solutions, such as electrified aviation, are still in early stages of development, the industry needs solutions to cut the direct carbon emissions of flying. Aviation, like many industries, is looking to reduce emissions and increase sustainable practices. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are very proud to welcome Catom as a new distributor. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. *) When used in neat form (i.e. 13 Likes, 0 Comments - Elite Traveler (@elitetraveler) on Instagram: "Sustainable Aviation Fuel (SAF) promises an emissions reduction of up to 80% and with it, a p." 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