Last week, the US EPA raised the volume requirements for biomass-based diesel for 2015, 2016, and 2017. The new levels are higher than the ones proposed by the EPA in May 2015. On the other hand, on Wednesday, 9 December, Neste warned that the Porvoo refinery is experiencing a malfunction related to one of its cooling systems, resulting in reduced utilisation (c.70%) since November. The issue should be solved by the end of January 2016.
10 Dec 2015
EPA requirements supporting Renewable Fuels; mixed conventional refining
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EPA requirements supporting Renewable Fuels; mixed conventional refining
Neste Corporation (NESTE:HEL) | 0 0 0.5% | Mkt Cap: 14,943m
- Published:
10 Dec 2015 -
Author:
Marzio Foa -
Pages:
2
Last week, the US EPA raised the volume requirements for biomass-based diesel for 2015, 2016, and 2017. The new levels are higher than the ones proposed by the EPA in May 2015. On the other hand, on Wednesday, 9 December, Neste warned that the Porvoo refinery is experiencing a malfunction related to one of its cooling systems, resulting in reduced utilisation (c.70%) since November. The issue should be solved by the end of January 2016.