Neste Agrees to Buy Algae Oil to Make Clean Transport Fuel
Neste Oil Oyj (NES1V), a Finnish oil refiner, agreed to buy algae oil from U.S.-based Renewable Algal Energy to turn into clean diesel. The agreement secures access to industrial volumes of algae oil and will require Renewable Algal to increase its production capacity, Espoo-based Neste said today in a statement. The deal is non-exclusive and […]
