fourthquarter

Plantations International News Neste, a Finland-based renewable diesel producer, reported better than expected fourth-quarter profits and dividend thanks to high European refining margins and favourable foreign exchange rates. Neste, which has two conventional refineries in Finland and renewable diesel refineries in Singapore and Rotterdam, said its core operating profit in the quarter rose 39% from a year ago to €352m ($ 390m). The company did not put a figure on its profit outlook for this year but it said it expected low crude oil prices to continue to support product demand. In a statement, the company said that all areas of [...]