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Neste and United Airlines extended their sustainable aviation fuel (SAF) supply agreement for flights departing Chicago O’Hare and Amsterdam Schiphol. Neste’s SAF deliveries to Amsterdam began in June 2026, while Chicago deliveries started in July 2026 and are planned to continue until June 2027.
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NorSAF has agreed to collaborate with Nova Pangaea Technologies to develop an advanced ethanol production plant in Latvia. The plant is intended to supply NorSAF’s SAF facility.
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Tour d'Europe launched a three-month road trip across Europe in March 2025 to demonstrate renewable fuels' role in decarbonizing transport. The project, supported by automotive and fuel industry stakeholders, aims to raise awareness and verify emission reductions using a digital fuel twin tool.
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Bayer and Neste finalized a commercial agreement to scale newgold® winter canola as feedstock for renewable diesel and SAF in the US Southern Great Plains. The partnership aims to expand acreage, supply lower-carbon oilseeds, and sell high-protein meal co-products to animal feed markets.
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Neste and United Airlines extended their agreement to supply sustainable aviation fuel (SAF) blended with conventional jet fuel for flights from Chicago O'Hare and Amsterdam Schiphol. Neste's SAF deliveries to Amsterdam began in June 2026, while deliveries to Chicago started in July 2026 and are planned to continue until June 2027.
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Neste is supplying Neste MY Renewable Diesel to the Tara Ocean Foundation's Tara Polar Station for its first 18-month drift expedition to the Central Arctic Ocean in 2026-2027. The renewable diesel, which replaced fossil fuel in the station's energy systems, was loaded in the Netherlands to support scientific research on climate change impacts.
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Neste posted comparable EBITDA of EUR 1,203 million in Q2 2026, an all-time high driven by record renewable diesel margins and wide refining spreads. The company attributes performance to Middle East supply shocks and supportive regulatory mandates in Europe and the US.
Why it matters:Neste's record Q2 2026 results highlight the financial impact of geopolitical supply shocks and regulatory mandates on renewable fuel margins.
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Neste and PetroCard are expanding their renewable diesel (HVO100) partnership in Washington and Oregon to improve fleet access. Neste states the fuel can reduce life-cycle greenhouse gas emissions by up to 75 percent compared with fossil diesel, depending on raw materials and supply chain.
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Neste, Goldwin, Idemitsu, and Toray established a supply chain for renewable nylon fiber using Neste RE. Goldwin plans to use this fiber in some THE NORTH FACE products starting August 2026.
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Neste reported Q1 2026 comparable EBITDA of EUR 861 million, driven by high product prices and a performance improvement program. The company noted strong cash flow and deleveraging while highlighting the impact of Middle East conflict on oil market volatility.