Neste's renewable fuel patent portfolio becomes stronger

Neste's renewable fuel patent portfolio becomes stronger

ID: 415196

(Thomson Reuters ONE) -


Neste Corporation
Press release
21 August 2015 at 9 am (EET)

Neste's renewable fuel patent portfolio becomes stronger

Neste's patent portfolio in renewable fuels has strengthened with new patents in
Europe and the United States. The patents further strengthen Neste's NEXBTL
patent portfolio both geographically and in terms of duration, as the patents
will remain in force in the United States and extensively in Europe up to 2025.

"Neste is the world's largest producer of premium-quality renewable diesel. The
new patents granted for the company's proprietary NEXBTL technology are yet
another indication of the pioneering nature and innovation of our technology.
This encourages us to continue our cutting-edge R&D work, aiming to find new
alternatives to fossil fuels," says Lars Peter Lindfors, SVP, Technology at
Neste.

NEXBTL technology makes it possible to produce renewable products from vegetable
oils and waste fats. Low-emission NEXBTL renewable products can replace fossil
feedstocks in diverse fuel and chemical industry applications. Renewable
products are produced at the company's refineries in Finland, Rotterdam and
Singapore. Neste's combined annual renewable product production capacity exceeds
2 million tons.

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information: Lars Peter Lindfors, Senior Vice President, Technology,
tel.  +358 10 458 3605

Neste in brief

Neste is a pioneer in oil refining and renewable solutions. We provide our
customers with premium-quality products for cleaner traffic and industrial
products based on world-class research. Our sustainable operations have received
recognition in the Dow Jones Sustainability World Index and the Global 100 list
of the world's most sustainable companies, among others. Our net sales for 2014




amounted to approximately EUR 15 billion, and our shares are listed on NASDAQ
Helsinki. Cleaner traffic, energy and life are moved forward by about 5,000
professionals. More information: neste.com/fi




This announcement is distributed by GlobeNewswire on behalf of
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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#1946876]




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Datum: 21.08.2015 - 08:00 Uhr
Sprache: Deutsch
News-ID 415196
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