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Top Green Diesel Maker Widens Used Grease Quest With Latest Deal

  • Purchase of U.S.-based firm to help Neste’s Singapore refinery
  • Neste focusing on finding new feedstocks, sustainable soy oil
Neste Oil Plant Opening & Interview With CEO Matti Lievonen

Photographer: Munshi Ahmed/Bloomberg

Neste Oyj, the world’s biggest maker of renewable diesel, is looking to add to its arsenal of used cooking oil and discarded animal fats as it seeks to expand its North American supply chain. 

The Finnish company plans to buy Minnesota-based Agri Trading, one of the largest independent renewable waste, residue fat and oil traders in the U.S., Jeremy Baines, president of Neste’s North American operations, said in an interview on Tuesday. He didn’t disclose the terms of the planned deal.