Neste Corporation, News, 13 April 2023
Photo: courtesy of Ryanair
Neste and Ryanair have expanded their collaboration to enable Ryanair to power its full schedule of flights from Amsterdam Airport Schiphol with a 40% blend of Neste MY Sustainable Aviation Fuel™ from 1 April onwards.
This significant increase in SAF usage represents the latest milestone towards Ryanair’s ambitious goal of operating 12.5% of flights with SAF by 2030 and further supports Ryanair’s “Pathway to Net Zero by 2050” decarbonisation goals, reducing greenhouse gas emissions from Ryanair’s flights from the Amsterdam Airport by 32%.
“Ryanair is delighted to extend our partnership with Neste to increase the amount of Ryanair flights at Amsterdam being powered with a 40% blend of SAF from a third of flights to our entire Amsterdam operation from 1 April. Increasing the use of SAF is a fundamental pillar of our Pathway to Net Zero by 2050 decarbonisation strategy and this increase at Amsterdam will reduce greenhouse gas emissions of our flights from there by 32%. We look forward to continuing our growing partnership with Neste as we further progress our goal of operating 12.5% of Ryanair flights with SAF by 2030,” said Thomas Fowler, Director of Sustainability at Ryanair.
“Decarbonising aviation is more important than ever, and we are proud to support Ryanair in achieving their ambitious Pathway to Net Zero by 2050. Increasing the usage of SAF to all flights departing from Amsterdam Airport Schiphol is a major milestone enabling Ryanair to substantially reduce greenhouse gas emissions of its operations at the airport. We look forward to continuing working together with Ryanair on the reduction of their emissions as we increase our annual SAF production capability to 1.5 million tons per annum by the end of 2023,” said Alexander Küper, Vice President EMEA from the Renewable Aviation business unit at Neste.
Neste is the world’s leading producer of sustainable aviation fuel and is currently increasing its annual SAF production capability to 1.5 million tons per annum by the end of 2023 with ongoing investments at its refineries in Singapore and Rotterdam, the Netherlands. Neste’s SAF is available to airlines at a growing number of airports across Europe, including Amsterdam Airport Schiphol.
Sustainable aviation fuel
SAF is a renewable aviation fuel providing a more sustainable alternative to conventional fossil jet fuel. Using Neste MY Sustainable Aviation Fuel reduces greenhouse gas emissions by up to 80%* over the fuel’s life cycle compared to using fossil jet fuel. Neste MY Sustainable Aviation Fuel is produced from used cooking oil and animal fat waste, 100% renewable raw materials which are sustainably sourced. SAF is blended with conventional jet fuel before use and works seamlessly with existing aircraft engines and fueling infrastructure.
*) When used in neat form (i.e. unblended) and calculated with established life cycle assessment (LCA) methodologies, such as CORSIA methodology
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com