Neste and HCS Group to form an extensive partnership for renewable distillates
(Thomson Reuters ONE) -
Neste Corporation
Press Release
17 June 2015 at 3.00 pm (EET)
Neste and HCS Group to form an extensive partnership for renewable distillates
Neste, the world's leading producer of premium-quality renewable fuels and the
HCS Group (Haltermann Carless Solutions), a leading global manufacturer of high-
quality hydrocarbon and chemical specialty products, are establishing a
preferred partnership for renewable distillate products. Using its patented
NEXBTL technology, Neste will supply Haltermann Carless with renewable
components, which will be further processed into new, customized bio-products
for various industrial applications.
For customers, the renewable downstream products will not only reduce the
environmental impacts but also be of a premium quality. They are sustainable and
biodegradable, and also have a low sulfur and aromatic content. Renewable
distillates can be used in various applications such as metal working fluids,
paints, coatings, printing inks, lubricants, water treatment, detergents,
hydraulics, and cosmetics.
"Our NEXBTL renewable products are ideal for the chemical industry because no
modifications are needed for existing processes and significant environmental
benefits can be achieved", explains Kaisa Hietala, Neste's Executive Vice
President, Renewable Products. "This collaboration is an important step to
growing our foothold in the chemical industry, where the demand for renewable
components is increasing."
"The HCS Group considers chemical products based on renewable feedstocks as a
key enabler for true sustainability. Biobased solutions originating from
renewable distillates powerfully solve existing and upcoming challenges that the
chemical industry is facing. We are excited to expand our solutions portfolio in
collaboration with a dedicated partner like Neste", says Dr. Uwe Nickel, CEO of
the HCS Group.
The chemical composition of Neste's NEXBTL renewable products is comparable to
their fossil equivalents. They can replace fossil materials which significantly
reduces the environmental impact of the end-products throughout their lifecycle.
Neste produces NEXBTL products intended for chemical industry applications at
its refineries in Singapore, The Netherlands and Finland.
Neste Corporation
Kaisa Lipponen
Director, Corporate Communications
Further information:
Neste: Kaisa Hietala, Executive Vice President, Renewable Products, tel.
+358 50 458 4128
The HSC Group: Andreas Reindl, tel. +49 69 695 386 257
Neste in brief
Neste is a forerunner in oil refining and renewable solutions. We offer our
customers cleaner traffic solutions and industrial products based on cutting-
edge research. Our sustainable practices have received recognition in the Dow
Jones Sustainability World Index and the Global 100 list of the world's most
sustainable companies. In 2014, our revenue amounted to EUR 15 billion. Neste
shares are listed on NASDAQ Helsinki. Cleaner traffic, energy and life are moved
forward by 5,000 professionals. Learn more at neste.com
HCS Group in brief
The HCS Group is one of Europe's leading manufacturers of specialty products and
solutions in the hydrocarbons sector. The Group encompasses several independent
brands. The HCS Group belongs to H.I.G. Europe, a subsidiary of the US private
equity company, H.I.G. Capital.
www.h-c-s-group.com
This announcement is distributed by GlobeNewswire on behalf of
GlobeNewswire 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 Oyj via GlobeNewswire
[HUG#1929183]
Unternehmensinformation / Kurzprofil:
Datum: 17.06.2015 - 14:00 Uhr
Sprache: Deutsch
News-ID 401184
Anzahl Zeichen: 4282
contact information:
Town:
Espoo
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 217 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Neste and HCS Group to form an extensive partnership for renewable distillates"
steht unter der journalistisch-redaktionellen Verantwortung von
Neste Oyj (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
