Neste

Neste is a leading producer of sustainable aviation fuel, renewable diesel, and renewable feedstock solutions for the polymers and chemicals industries. The company focuses on helping customers reduce their carbon footprint by providing high-quality renewable products and oil products, along with tailored service solutions. Neste is recognized for its commitment to sustainability and the development of advanced biofuels that aim to lower greenhouse gas emissions. The company actively promotes the circular economy by transforming waste and residues into valuable raw materials, reinforcing its dedication to minimizing environmental impact. Historically an oil refining company, Neste has strategically transitioned towards renewable solutions and sustainable practices, positioning itself as a key player in the global market for renewable energy products.

Mercedes Alonso

Executive Vice President, Renewable Polymers and Chemicals

Hanna Maula

Vice President, Communications and Brand

8 past transactions

Alterra Energy

Venture Round in 2024
Alterra Energy is a chemical recycling technology company focused on addressing the challenges of plastic waste management. The company has developed a continuous recycling technology that utilizes a thermochemical liquefaction process to convert waste plastics into valuable petrochemical products. This innovative approach aims to reduce reliance on landfilling, incineration, or exporting plastic waste, enabling the refinement of plastics into fuels, waxes, and raw materials for new plastic production. By advancing these technologies, Alterra Energy contributes to a more sustainable and circular economy.

Circularise

Series A in 2022
Circularise is a provider of digital product passports and mass balance bookkeeping software, focusing on sustainability and supply chain transparency. The company’s software assists suppliers, manufacturers, recyclers, and brands across various industries, including chemicals, plastics, battery materials, and metals, in tracing materials and sharing environmental data securely. Its primary offering, the digital product passport, provides detailed records of a product's origin, material composition, and environmental impact, supported by a blockchain-based chain of custody to ensure data security. This transparency allows companies to assess their Scope 3 emissions and align with emerging regulations related to climate risk disclosure and sustainability reporting. Additionally, Circularise offers tools for Life Cycle Assessments and calculating Product Carbon Footprints, aiding clients in establishing credible environmental impact records. The MassBalancer solution facilitates compliance with certifications, enabling efficient material management and sustainability declaration generation. With a focus on data privacy, Circularise's patented Smart Questioning feature empowers clients to control the sharing of sensitive information regarding sourcing, carbon footprints, and human rights issues, thereby minimizing manual errors and enhancing operational efficiency.

Walco Foods Unlimited Company

Acquisition in 2022
Walco Foods is a animal fat and by-products trading company.

Agri Trading

Acquisition in 2021
Agri Trading, established in 1977 and based in Minnesota, specializes in the trading of animal fat waste, used cooking oil, technical corn oil, and various vegetable oils. The company operates throughout the lower 48 States, Canada, Mexico, and Europe, positioning itself as an industry leader in the wholesaling of animal by-products. Agri Trading focuses on renewable waste and residue fat, catering to restaurants and other clients by providing products such as choice white grease, tallow, and agricultural feed ingredients. It manages all logistics related to transportation, transloading, and export services, ensuring timely pick-up and delivery. By offering these services, Agri Trading supports businesses in enhancing market efficiencies and increasing profitability.

Alterra Energy

Corporate Round in 2021
Alterra Energy is a chemical recycling technology company focused on addressing the challenges of plastic waste management. The company has developed a continuous recycling technology that utilizes a thermochemical liquefaction process to convert waste plastics into valuable petrochemical products. This innovative approach aims to reduce reliance on landfilling, incineration, or exporting plastic waste, enabling the refinement of plastics into fuels, waxes, and raw materials for new plastic production. By advancing these technologies, Alterra Energy contributes to a more sustainable and circular economy.

Mahoney Environmental

Acquisition in 2020
Mahoney Environmental is an environmental services company based in Joliet, Illinois, specializing in cooking oil recycling. The company collects used cooking oil from various establishments, including sporting stadiums, hotels, and airports. Through its recycling process, Mahoney Environmental produces renewable diesel, sustainable aviation fuel, and raw materials for renewable polymers. This closed-loop system not only simplifies cooking oil management for clients but also reduces costs while promoting sustainability.

Sunfire

Corporate Round in 2020
Sunfire is a company that specializes in developing and manufacturing systems for renewable industrial gas and fuel production. It focuses on creating substitutes for fossil fuels, such as mineral oil and natural gas, through innovative technologies like electrolyzers and solid oxide cells. These systems convert renewable electrical energy from sources like wind farms, hydropower plants, and photovoltaic systems into fuels and gases, including renewable hydrogen and syngas. By enabling the chemical, fuel, and steel industries to transition away from fossil energy, Sunfire aims to provide sustainable energy solutions that are available whenever needed, thus integrating renewable energy into existing infrastructures.

Neste Jacobs

Acquisition in 2017
Neste Jacobs is a provider of engineering services that serves various industries, including oil and gas, petrochemicals, chemicals, biorefining, biochemicals, biopharma, and industrial infrastructure. The company offers a comprehensive range of services that encompass process and feasibility studies, process design packages, basic engineering design, front-end engineering design, and engineering, procurement, and construction management. Additionally, Neste Jacobs is involved in pre-commissioning, commissioning, and the start-up of plants, ensuring that projects are delivered efficiently and effectively across multiple sectors.
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