Neste Oyj, Finland’s only oil refiner, has begun studying how it will end the processing of crude in the Nordic country by the middle of the next decade. The world’s biggest maker of renewable diesel said its refinery in Porvoo, which already makes biofuels, would undergo a transformation starting with the co-processing of both renewable and circular feedstock. Neste is seen as somewhat of a pioneer in the oil industry having made its first investment in renewable diesel — a product made entirely from renewable raw materials — as early as 2005. After initially being unprofitable, the product overtook traditional oil products as the company’s main profit driver in 2018. The refiner is also processing sustainable aviation fuel from waste and makes renewable polymers and chemicals. Read more at the link in our bio or visit: bloomberg.com/green