08 September 2016 Releases and news

Neste renews the Finnish diesel markets - launches 100% renewable diesel

Neste Corporation
Press Release
8 September 2016 at 12.30 pm. (EET)

Neste renews the Finnish diesel markets - launches 100% renewable diesel

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Neste is planning to start selling diesel produced entirely from renewable raw materials at selected stations in Finland around the turn of the year. The new product offers environmentally conscious consumers and corporate customers a sustainable and easy solution for reducing traffic-borne emissions. Majority of the renewable raw materials the company uses to refine the product, consists of waste and residues. The product launch is one of Neste's ways to participate in the centenary of Finland's independence in 2017 known as 'Finland 100 years'.

"Neste is a pioneer in developing cleaner traffic fuels. Good examples of these include the premium Neste Pro Diesel and the high-quality Neste Futura fuels. We will now be the first in Finland to launch diesel produced entirely from renewable raw materials, reducing greenhouse gas emissions by up to 90 per cent compared to conventional diesel," says Mika Hyötyläinen, VP, Marketing at Neste Oil Retail.

"In addition to its significantly smaller carbon footprint, the product is of a high quality - it burns efficiently and cleanly. It is easy to adopt, as it does not require any vehicle modifications. Moreover, you do not need to empty your tank if you want to switch from conventional diesel to this extremely climate-friendly diesel as it can be used in the vehicle in any blending ratio all the way up to 100%," Hyötyläinen adds. 

Neste's proprietary NEXBTL technology makes it possible to produce top-quality renewable diesel and other renewable products out of waste and residue materials and vegetable oils. Neste conducts continuous research to further expand its portfolio of sustainably produced renewable raw materials.

100% Neste Renewable Diesel is extensively used in California, where it helps cities and counties to reduce traffic-related greenhouse gas emissions. Users of Neste Renewable Diesel include cities of San FranciscoOaklandWalnut CreekCarlsbad, and county of Sacramento. As for corporate customers, Google and UPS have also chosen to reduce their carbon footprint by using Neste Renewable Diesel. In Finland, Neste Renewable Diesel was used for producing low-emission energy for the Flow festival and Weekend Festival.

Neste Corporation

Osmo Kammonen
SVP, Communications and Brand Marketing

More information: Mika Hyötyläinen, VP, Marketing, Oil Retail, tel. +358 10 458 4132

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. We are the world's leading producer of renewable diesel, and our annual production capacity is more than 2 million tons. We also are the world's largest company providing renewable fuel from waste and residues. 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 2015 amounted to approximately EUR 11 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/en