Neste Oil to produce renewable aviation fuel as part of the EU-funded ITAKA project
(Thomson Reuters ONE) -
Neste Oil Corporation
Press release
19 December 2012 10:00 a.m. (EET)
Neste Oil to produce renewable aviation fuel as part of the EU-funded ITAKA
project
Neste Oil has joined the ITAKA (Initiative Towards Sustainable Kerosene for
Aviation) project, which is being funded by the EU to support the
commercialization and use of renewable aviation fuel in Europe. Neste Oil's role
in the consortium will be to produce the renewable fuel used in the project.
The 36-month ITAKA project has been granted approx. EUR 10 million of funding
under the EU's Seventh Framework Programme for Research and Development (2007-
2013). In addition to Neste Oil, the consortium is made up of Airbus, BIOTEHGEN,
Camelina Company Espanã, CLH, EADS IW, Embraer, EPFL, MMU, SENASA, RE-CORD, and
SkyNRG.
Neste Oil will produce a total of 4,000 tons of NExBTL renewable aviation fuel
as part of the project, primarily from sustainably produced Spanish camelina
oil, and possibly also used cooking oil. The resulting renewable fuel, together
with the camelina oil used to produce it, will be certified in accordance with
the European Commission-approved RSB EU RED certification system. The renewable
fuel will be blended with conventional fossil aviation fuel in accordance with
the appropriate ASTM standard to create a 50/50 blend that will then be
distributed to European airlines for use on their commercial flights.
Rather than aiming for any commercial gain from the project, the members of the
consortium will focus on building up common research and test data on the use of
renewable aviation fuel, in areas such as logistics and the practical issues
related to fueling associated with scheduled flights in Europe. The project is
also aimed at supporting the goal of the European Aviation Biofuels Flightpath
initiative of producing 2 million tons of renewable fuel for airline use
annually by 2020.
Neste Oil has already carried out trials on the use of NExBTL renewable aviation
fuel in commercial service. During a recent six-month trial, Lufthansa flew a
total of 1,187 flights between Frankfurt and Hamburg using NExBTL renewable
aviation fuel, as well as one intercontinental flight between Frankfurt and
Washington D.C. These flights showed that the fuel is ideally suited to
commercial use, and contributed a reduction of over 1,500 tons in CO2 emissions
and an approximately 1% reduction in fuel consumption.
Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications, Marketing and Public Affairs
Further information:
Kaisa Hietala, Vice President, Renewable Fuels, tel. +358 (0)50 458 4128
Briefly about ITAKA and consortium members:
http://cordis.europa.eu/search/index.cfm?fuseaction=proj.document&PJ_RCN=1343406
5
Details on the ASTM standard on renewable aviation fuel can be found here:
http://www.astmnewsroom.org/default.aspx?pageid=2524
NExBTL renewable aviation fuel in brief
Neste Oil's NExBTL renewable aviation fuel is compatible with all aircraft
engines currently in use and fully complies with the requirements of the ASTM
D7566-11a standard. Using the fuel can make result in a significant reduction in
aircraft-related greenhouse gas emissions, and can be used in a 50/50 blend with
conventional fossil aviation fuel. NExBTL renewable aviation fuel is based on
Neste Oil's proprietary NExBTL technology, which uses hydrotreating techniques
to produce fuel from a very wide range of inputs, such as vegetable oil and
waste streams, including waste animal fat from the food industry. Neste Oil is
committed to using only raw materials that have been verified as sustainably
produced and that can be traced back to their original source.
For more on Neste Oil's NExBTL renewable aviation fuel, see
http://nesteoil.com/default.asp?path=1,41,535,547,17555. For more on the results
of the trials with the fuel, see
http://www.nesteoil.com/default.asp?path=1;41;540;1259;1260;18523;18536.
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company concentrating on low-
emission, high-quality traffic fuels, 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. Neste Oil's share is listed on NASDAQ OMX Helsinki.
Neste Oil has been selected for inclusion in the Dow Jones Sustainability World
Index and the Ethibel Excellence Investment Register. Neste Oil has been
included in The Global 100 list of the world's most sustainable corporations for
a number of years in succession; and Forest Footprint Disclosure (FFD) has
ranked Neste Oil as the best performer in the oil & gas sector. www.nesteoil.com
This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Neste Oil Oyj via Thomson Reuters ONE
[HUG#1666209]
Unternehmensinformation / Kurzprofil:
Datum: 19.12.2012 - 09:01 Uhr
Sprache: Deutsch
News-ID 214226
Anzahl Zeichen: 5743
contact information:
Town:
Espoo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 148 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Neste Oil to produce renewable aviation fuel as part of the EU-funded ITAKA project"
steht unter der journalistisch-redaktionellen Verantwortung von
Neste Oil Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
