Neste’s production woes are a big headache for Chief Executive Matti Lehmus but also for the aviation sector.
That includes up to 1 million tons of sustainable aviation fuel (SAF), which is key to make planes greener as it cuts carbon emissions by up to 80%.
Neste is now predicting that it will produce 230,000 tons less of renewable diesel and sustainable aviation fuel in the second half of 2023.
Neste's production problems will further complicate the aviation race to net zero.
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Persons:
Matti Lehmus, Pamela Barbaglia, Lisa Jucca, Streisand Neto
Organizations:
Reuters, Twitter, Thales, Thomson
Locations:
Singapore, Neste