Neste Oil uses tall oil pitch to produce traffic fuel
(Thomson Reuters ONE) -
Neste Oil Corporation
Press release
4 April 2013 at 9 a.m. (EET)
Neste Oil uses tall oil pitch to produce traffic fuel
Neste Oil is the first company in the world to begin using tall oil pitch as a
feedstock for refining into traffic fuel. Up until now, it has not been possible
to use tall oil pitch, a residue produced by tall oil refiners, as a commercial-
scale feedstock for fuel refining purposes.
Neste Oil successfully tested tall oil pitch in commercial refinery operations
in March-April this year and is now ready to begin using it on a continuous
basis. Fuel refined from tall oil pitch will be distributed to service stations
in Finland this spring.
The use of tall oil pitch as a traffic fuel feedstock has been made possible by
innovative work carried out by Neste Oil's R&D teams. Neste Oil's original
pioneering inventions and patents covering the use of tall oil as a biofuel
feedstock date back to the 1990s. Neste Oil aims to use significant quantities
of tall oil pitch in the future. Tall oil refiners in Finland produce around
100,000 tons of by-product tall oil pitch annually.
"Thanks to our research work, we have been able to use tall oil pitch fractions
in refining operations for some time; and the recent trial run has now shown
that we have the capability to make use of this material on a large-scale
basis," says Dr. Lars Peter Lindfors, Neste Oil's Senior Vice President,
Technology. "This represents a further step in our strategy of extending our
feedstock base and increasing our use of waste and residues."
Neste Oil doubled its use of waste- and residues-based inputs in 2012, and the
volume of renewable diesel refined from these materials was equivalent to the
annual fuel consumption of some 740,000 cars last year, assuming that 100%
renewable diesel is used.
Neste Oil is currently the world's only biofuel supplier capable of producing
premium-quality renewable diesel on an industrial scale from more than 10
different types of feedstocks. Neste Oil is steadily increasing its use of waste
and residues and focusing its research on other non-food inputs and raw
materials that can reduce the amount of land needed for energy-related use and
significantly cut greenhouse gas emissions.
Neste Oil Corporation
Kaisa Lipponen
Director, Corporate Communications
Further information:
Dr. Lars Peter Lindfors, Senior Vice President, Technology, tel. +358 (0)50
458 3605
Additional information on Neste Oil's use of renewable inputs can be found in
the 2012 Annual Report: www.2012.nesteoil.com
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 17.9 billion in 2012 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 many 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
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#1690076]
Unternehmensinformation / Kurzprofil:
Datum: 04.04.2013 - 08:00 Uhr
Sprache: Deutsch
News-ID 245857
Anzahl Zeichen: 4283
contact information:
Town:
Espoo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 205 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Neste Oil uses tall oil pitch to produce traffic fuel"
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).
