Neste closes acquisition of US-based Mahoney Environmental

Photo: Neste Corp.

May 4, 2020

BY Neste Corp.

In March, Neste announced that it would acquire Mahoney Environmental, a leading collector and recycler of used cooking oil in the U.S., and its affiliated entities. The acquisition has been approved by regulatory authorities, and the deal has been closed.

“The completion of this transaction is an important step forward in delivering on Neste’s growth strategy in renewables and in strengthening our global renewable raw material platform, building on the company’s acquisition of Dutch animal fat trader IH Demeter in 2018,” said Peter Vanacker, president and CEO of Neste. “I am happy to welcome Mahoney personnel to our joint journey on creating a healthier planet for our children.”

Neste’s feedstock strategy is focusing on waste and residues growth and the development of new feedstock sources. The company is targeting 100 percent waste and residues share by 2025. Mahoney Environmental is an important partner for Neste to achieve this goal, as it already has access to a substantial volume of used cooking oil with room to grow across North America. 

Advertisement

Mahoney’s unique, integrated business model sets it apart from competitors. Alongside used cooking oil collection and recycling, Mahoney also provides cooking oil equipment installation and design, fresh oil delivery and grease trap cleaning. 

 

Advertisement

Related Stories

BWC Terminals on April 22 celebrated the official completion of its expanded renewable fuels terminal at the Port of Stockton. The facility is designed to safely and efficiently transfer renewable diesel and biodiesel from marine vessels.

Read More

Repsol and Bunge on April 25 announced plans to incorporate the use of camelina and safflower feedstocks in the production of renewable fuels, including renewable diesel and sustainable aviation fuel (SAF).

Read More

Nebraska celebrates Renewable Fuels Month

Article image

By Nebraska Ethanol Board

May 02, 2025

Renewable Fuels Month highlights the importance of renewable biofuels, such as ethanol and biodiesel. The month of May marks the beginning of the summer driving season, making it an ideal time to fuel up on clean and cost-saving biofuels.

Read More

PBF Energy on May 1 announced that its St. Bernard Renewables facility produced approximately 10,000 barrels per day of renewable diesel during Q1, down from 17,000 barrels per day during the Q4 2024.

Read More

Germany-based Mabanaft on April 17 announced it started to supply SAF to airlines at Frankfurt Airport in January. The company said it will deliver more than 1,000 metric tons of SAF to the airport this year under the European SAF mandate.

Read More

Upcoming Events

Sign up for our e-newsletter!

Advertisement

Advertisement