The Finnish refinery group Neste has lowered its business outlook in the renewable energy sector for the third time this year, as prices are falling and sales figures are lower than expected.
The sales margin for renewable energy has been reduced to USD 360 to 480 per tonne, down from USD 480 to 580 in July.
In addition, Neste expects sales of renewable energy to be 3.9 million tons in 2023 instead of the previously forecast 4.4 million. Sales of sustainable aviation fuel will be particularly affected.
