Renewable diesel for trucks is catching on in the two coasts. The trouble: Soaring supply has created a glut that has hit producer margins and stock prices.
By Pierre Bertrand Thyssenkrupp Nucera signed an agreement with Finland's Neste for the reservation of six 20-megawatt electrolyzers to be incorporated into.
Neste has expanded its capability to supply renewable fuels to customers on the U.S. West Coast by commissioning terminal capacity at Vopak's Los Angeles.
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Longer-term winners included luxury goods and renewables, which Goldman Sachs analysts said would continue to outperform Getty Images
The European equity recovery can continue in 2021 along with the rise of renewables, while the rotation into Value stocks is likely to keep going, according to
The pan-European
Stoxx 600 index has rallied 20% since October and trades at a 12-month forward price-to-earnings ratio of 17.9, which Goldman analysts said was a high outside the Tech bubble era. However, they said the recovery was set to continue, forecasting the index to reach 430 by the end of 2021 just shy of its February 2020 peak, and around 5% higher than Monday’s price.