Neste Oil joined aireg promoting the deployment of biofuels in aviation
(Thomson Reuters ONE) -
Neste Oil Corporation
Press release
4 April 2012 at 11 am (EET)
Neste Oil joined aireg promoting the deployment of biofuels in aviation
Neste Oil has joined aireg, Aviation Initiative for Renewable Energy in Germany,
which advances the development and deployment of renewable liquid fuels in
aviation. aireg is a network of enterprises and R&D organizations founded in
September 2011. The overarching goal of the organization is to contribute to
achieving aviation's ambitious CO2 reduction goals.
Among the current 29 members of aireg are, for example, oil companies, airlines,
airplane and engine manufacturers, research institutions, and universities such
as Total, Lufthansa, Boeing, Rolls-Royce, Technical University Munich (TUM), and
Karlsruhe Institute of Technology (KIT).
"Joining forces and working in tight collaboration with other companies,
research institutions, and decision makers is the most natural way for us in
Neste Oil to support and promote the adoption of biofuels in aviation. We are
expecting aireg to offer a platform for various players to come together to
share ideas and develop plans for the industry to take the necessary steps
towards significantly reducing the industry's carbon footprint," says Vice
President Kaisa Hietala responsible for market development at Neste Oil.
Neste Oil has a long history in providing high quality fossil jet fuel for
airlines operating at Helsinki-Vantaa airport in Finland. In summer 2011, Neste
Oil produced its first batches of premium quality jet fuel from renewable raw
materials and became one of the very few oil companies in the world capable of
producing this fuel at commercial scale.
The company just recently ended a 6-month test period with Lufthansa during
which Neste Oil's NExBTL renewable aviation fuel was tested on over 1,100
flights between Frankfurt and Hamburg, and on one intercontinental flight
between Frankfurt and Washington D.C. Extensive tests during the trial proved
that the fuel performed excellently and resulted in 1% lower fuel consumption
compared to regular fossil jet fuel. Further information regarding the test
results can be found on Neste Oil's press release issued on March 15, 2012.
Neste Oil Corporation
Hanna Maula
Director, Corporate Communications
Further information:
Kaisa Hietala, Vice President, Market Development, Neste Oil, tel.
+358 50 458 4128
More information on aireg: http://www.aireg.de/
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels. The company produces a comprehensive range
of major petroleum products and is the world's leading supplier of renewable
diesel. Neste Oil had net sales of EUR 15.4 billion in 2011 and employs around
5,000 people, and is listed on NASDAQ OMX Helsinki.
Neste Oil is included in the Dow Jones Sustainability World Index and the
Ethibel Pioneer Investment Register, and has featured in The Global 100 list of
the world's most sustainable corporations for a number of years. Forest
Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in
the oil & gas sector. Further information: www.nesteoil.com
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originality of the information contained therein.
Source: Neste Oil Oyj via Thomson Reuters ONE
[HUG#1600039]
Unternehmensinformation / Kurzprofil:
Datum: 04.04.2012 - 10:00 Uhr
Sprache: Deutsch
News-ID 131933
Anzahl Zeichen: 4130
contact information:
Town:
Espoo
Kategorie:
Business News
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