Neste's NEXBTL renewable diesel retail availability expands into Southern California
(Thomson Reuters ONE) -
Neste Corporation
Press release
12 August 2015 at 6 pm. (EET)
Neste's NEXBTL renewable diesel retail availability expands into Southern
California
After a very successful debut in Northern California, Neste's NEXBTL renewable
diesel is now also available to drivers in Southern California at retail
stations. Propel Fuels is the first retailer in the world to sell essentially
neat NEXBTL renewable diesel to consumers under the brand name Diesel HPR (High
Performance Renewable).
NEXBTL based Diesel HPR proved an instant hit in March 2015 when it was launched
at 18 Propel stations across Northern California. Within the first three months,
Propel experienced a 300% increase in sales volume and customers provided great
feedback on the fuel which both improves performance and significantly reduces
harmful tailpipe emissions such as nitrogen oxide, carbon monoxide and
particulates.
"Drivers across Southern California can now experience the power, performance
and value Diesel HPR provides over traditional petroleum-based diesel," said Rob
Elam, CEO and Co-Founder of Propel. "Fleets and consumers can be confident in
filling up with the nation's lowest carbon renewable fuel."
California is a forerunner in renewable energy. Renewable diesel plays a
significant role in California's climate plan. Neste's NEXBTL renewable diesel
meets federal and California diesel specification requirements.
"We are very thrilled that Californian motorists have welcomed NEXBTL renewable
diesel and that we can help our customer Propel Fuels to grow their business and
expand the distribution of Diesel HPR, says Kaisa Hietala, Executive Vice
President, Renewable Products at Neste. "Together, we will help California to
reduce emissions and also improve the air quality for all Californians. "
NEXBTL renewable diesel offers an excellent way for companies to reduce their
carbon footprint as well as for cities to improve their air quality. Produced
from 100% renewable raw materials, NEXBTL renewable diesel can achieve up to
90% reduction in greenhouse gas emissions over its lifecycle in comparison to
petroleum diesel. In addition, it can reduce levels of local emissions that have
a negative impact on air quality. NEXBTL renewable diesel can be blended to any
concentration and can even be used neat; NEXBTL is hydrocarbon renewable diesel
and as such is fully compatible with all modern diesel engines and existing
distribution infrastructure, requiring no changes in the supply chain. It is not
the same product as traditional biodiesel.
Diesel HPR consisting of Neste's NEXBTL renewable diesel is now available at 13
Propel stations across Southern California including several in Los
Angeles/Orange County, Inland Empire and San Diego. A complete list of locations
is available at dieselhpr.com/locations.
Neste Corporation
Kaisa Lipponen
Director, Corporate Communications
Further information:
Neste US: Tuija Kalpala, Marketing Manager, Neste US, Inc., tel. +1 (832)
840-4707, tuija.kalpala(at)neste.com
Propel Fuels: Jaime Quick, ChangeUp for Propel Fuels +1 206-229-5183 (cell),
jq(at)changeupadvisors.com
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. We are the leading producer of renewable diesel in the world,
with an annual production volume of more than 2 million tons. We are also the
world's largest producer of renewable fuels from waste and residues. 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.us or neste.com
About Propel
Propel was founded in 2004 to bring better fuels to the retail market, offering
Flex Fuel E85 and advanced diesel blends that deliver more power, produce less
carbon, and cost less than petroleum. The company leads the retail fueling
industry with innovations including CleanDrive, the nation's first integrated
carbon emission reduction tracking platform. Find Propel at 43 Flex Fuel E85 and
36 advanced diesel locations across California and Washington State.
Propel is ranked among 2015's top 10 private companies in Silicon Valley and is
recognized by Inc. Magazine's "Inc. 500." Locations and real time pricing can be
found on Propel's mobile app available in the Android and Apple app stores.
Learn more at propelfuels.com
Propel Fuels Diesel HPR:
http://hugin.info/133386/R/1945157/705101.jpg
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(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#1945157]
Unternehmensinformation / Kurzprofil:
Datum: 12.08.2015 - 17:00 Uhr
Sprache: Deutsch
News-ID 413283
Anzahl Zeichen: 5826
contact information:
Town:
Espoo
Kategorie:
Business News
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"Neste's NEXBTL renewable diesel retail availability expands into Southern California"
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