Neste completes acquisition of Dutch animal fat trader IH Demeter
September 5, 2018
BY Ron Kotrba
Renewable diesel producer Neste Corp.’s acquisition of 51 percent of the shares and, as a result, the controlling interest in animal fat trader IH Demeter B.V., first announced in May, has been approved by the authorities and is now complete. The former owners remain co-owners of the company, now called Neste Demeter B.V.
“I am glad that the co-owners trusted us to be the best partner in taking their business to the next level,” said Kaisa Hietala, an executive vice president with Neste. “With an efficient European-wide logistical setup, the company is well positioned to serve Neste in delivering future raw material volumes to Neste’s renewable product refineries.”
Advertisement
Advertisement
Advertisement
Advertisement
Related Stories
The U.S. EPA on July 8 hosted virtual public hearing to gather input on the agency’s recently released proposed rule to set 2026 and 2027 RFS RVOs. Members of the biofuel industry were among those to offer testimony during the event.
The USDA’s Risk Management Agency is implementing multiple changes to the Camelina pilot insurance program for the 2026 and succeeding crop years. The changes will expand coverage options and provide greater flexibility for producers.
EcoCeres Inc. has signed a multi-year agreement to supply British Airways with sustainable aviation fuel (SAF). The fuel will be produced from 100% waste-based biomass feedstock, such as used cooking oil (UCO).
The USDA’s National Agricultural Statistics Service on June 30 released its annual Acreage report, estimating that 83.4 million acres of soybeans have been planted in the U.S. this year, down 4% when compared to 2024.
SAF Magazine and the Commercial Aviation Alternative Fuels Initiative announced the preliminary agenda for the North American SAF Conference and Expo, being held Sept. 22-24 at the Minneapolis Convention Center in Minneapolis, Minnesota.
Upcoming Events
