Neste Oil adds technical corn oil to the feedstocks used for producing NExBTL renewable diesel
(Thomson Reuters ONE) -
Neste Oil Corporation
Press release
31 July 2013 at 1.30 p.m. (EET)
Neste Oil adds technical corn oil to the feedstocks used for producing NExBTL
renewable diesel
Neste Oil has added technical corn oil (TCO), a residue generated during ethanol
production, to the range of inputs it uses to produce NExBTL renewable diesel.
This nonfood input further extends the number of waste and residue-based
feedstocks used by Neste Oil. Last year, Neste Oil produced enough NExBTL
renewable diesel from waste and residues to power 740,000 cars for a year.
"Our strategic aim is to constantly extend the range of renewable feedstocks we
use to produce renewable fuels, and in particular the volume of waste- and
residue-based materials we use," says Matti Lehmus, Neste Oil's Executive Vice
President, Oil Products and Renewables. "Technical corn oil is an excellent
addition to our feedstock base, as it is officially approved for producing
renewable fuel intended for the growing North American market."
Trials to confirm the suitability of technical corn oil for producing NExBTL
renewable diesel were carried out in spring 2013. Technical corn oil also meets
Neste Oil's strict sustainability criteria. Following an extensive evaluation,
Neste Oil has now started using technical corn oil on a commercial basis.
Supplies of this input are currently sourced from the US.
One of the key strengths of the NExBTL hydrogenation technology developed by
Neste Oil for producing renewable diesel is that it can use a wide variety of
feedstocks without impacting the quality of the end-product. Neste Oil is
currently the world's only biofuel producer capable of refining premium-quality
renewable fuel from over 10 different feedstocks on an industrial scale. Neste
Oil is also continuing research on completely new types of inputs, such as
microbial oil and algae oil, for use as future inputs for its renewable fuel.
All of the renewable inputs used by Neste Oil comply with the relevant biofuel-
related legislation in all the markets in which its renewable fuels are sold, as
well as the company's own strict sustainability criteria, and are 100% traced
back to their source.
For further information on the renewable inputs used by Neste Oil and the
sustainability of the company's supply chain, see the Annual Report for 2012.
Neste Oil Corporation
Kaisa Lipponen
Director, Corporate Communications
Further information: Matti Lehmus, Executive Vice President, Oil Products and
Renewables, tel. +358 10 458 4072
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#1720107]
Unternehmensinformation / Kurzprofil:
Datum: 31.07.2013 - 12:30 Uhr
Sprache: Deutsch
News-ID 283459
Anzahl Zeichen: 4197
contact information:
Town:
Espoo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 195 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Neste Oil adds technical corn oil to the feedstocks used for producing NExBTL renewable diesel"
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).
