Neste Oil Biodiesel Project Canceled

Neste Oil and Stora Enso, a forestry products company, announced they have decided to not progress with their plans to build a biodiesel plant after failing to receive funding under the European Union's NER300, a low-carbon energy financing program. "We have calculated the cost of the project very carefully and realistically. It would have represented a very significant investment and we concluded that we would not have gone ahead in any case, even if we had won public funding," Neste Oil's President & CEO, Matti Lievonen, and Stora Enso's CEO...

This information is only available to Chemical Week subscribers.

Forgot your user ID or password?
Click here to have it sent to you.

Email Address First Name Last Name

Not an IHS Chemical Week 24/7 member yet? Here's why you should be: Searchable online archive access of the last 2 years of Chemical Week. Print or digital magazine subscription Price and market change alerts Economic data and statistics Buyers' Guides Webcasts | whitepapers