Neste
Neste is a leading producer of sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for the polymers and chemicals industries. The company focuses on helping customers reduce their carbon footprint by providing high-quality renewable products and oil products, along with tailored service solutions. Neste is recognized for its commitment to sustainability and the development of advanced biofuels that aim to lower greenhouse gas emissions. The company actively promotes the circular economy by transforming waste and residues into valuable raw materials, reinforcing its dedication to minimizing environmental impact. Historically an oil refining company, Neste has strategically transitioned towards renewable solutions and sustainable practices, positioning itself as a key player in the global market for renewable energy products.
Past deals in Biofuel
Mahoney Environmental
Acquisition in 2020
Mahoney Environmental is an environmental services company based in Joliet, Illinois, that specializes in cooking oil recycling. The firm collects used cooking oil from various establishments, including sporting stadiums, hotels, and airports. By recycling this oil, Mahoney Environmental produces renewable diesel, sustainable aviation fuel, and raw materials for renewable polymers. This innovative approach enables clients to receive fresh oil deliveries while implementing a closed-loop system that simplifies cooking oil management and reduces costs.
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