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Neste to Provide DHL with 105 Million Gallons of Sustainable Aviation Fuel

Oil refining company Neste will provide logistics provider DHL with approximately 105 million gallons of Neste's MY Sustainable Aviation Fuel during the next five years under an agreement announced Monday. 

In 2020, DHL Express became the first cargo operator to use Neste's SAF on flights departing from San Francisco International Airport and Amsterdam Airport. [Courtesy: DHL]
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Key Takeaways:

  • Neste has signed its largest-ever Sustainable Aviation Fuel (SAF) contract, agreeing to supply DHL with approximately 105 million gallons over the next five years to significantly reduce aviation emissions.
  • Neste, a leading SAF provider, produces a "drop-in" fuel from waste materials that can reduce greenhouse gas emissions by up to 80% and requires no modifications to existing aircraft engines.
  • This landmark agreement underscores both companies' commitment to the aviation industry's goal of achieving net-zero emissions by 2050, with DHL also calling for increased government support and incentives to scale SAF production and adoption.
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Oil refining company Neste (OTCMKTS: NTOIY) will provide logistics provider DHL (OTCMKTS: DPSGY) with approximately 105 million gallons of Neste’s MY Sustainable Aviation Fuel during the next five years under an agreement announced Monday. 

This is Neste’s largest sustainable aviation fuel (SAF) contract and one of the largest in the aviation industry. 

Michael Wildes

Michael Wildes holds a master’s degree in Logistics & Supply Chain Management, and a bachelor’s degree in Aeronautical Science, both from Embry-Riddle Aeronautical University. Previously, he worked at the university’s flight department as a Flight Check Airman, Assistant Training Manager, and Quality Assurance Mentor. He holds MEI, CFI & CFII ratings. Follow Michael on Twitter @Captainwildes.

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