26 July 2016 at 1 pm (EET)
Neste Renewable Diesel to reduce Flow Festival's carbon footprint again
For the third year running, Neste is the environmental partner of Flow Festival. Neste, the world's leading producer of renewable diesel, will provide Neste Renewable Diesel made 100% from wastes and residues to the generation of electricity requirements of Flow. Most of the electricity required for the festival will come from generators, as the electric grid in the area can only supply a small fraction of the power required for the event.
Flow Festival, which will take place between 12 and 14 August in Suvilahti, Helsinki, will be a carbon-neutral event, seeking to minimize emissions through comprehensive environmental work.
"It is wonderful that we have had the opportunity to help the Flow Festival for several consecutive years to meet their ambitious emission targets by using Neste Renewable Diesel to generate electricity for their event. With the help of our renewable diesel made of wastes and residues, Flow will be able to reduce greenhouse gas emissions up to 90% compared to fossil diesel fuel. In addition, air quality is also more pleasant due to its use, since the renewable diesel produces considerably less odors and particulate emissions into the environment", says Kaisa Hietala, Executive Vice President, Renewable Products at Neste.
"Collaboration with Neste is very important for us, enabling us to achieve concrete results in our environmental work. Neste enables generation of electricity from renewable fuel for the entire event, allowing us to reduce the total carbon footprint of Flow Festival," comments Suvi Kallio, Managing Director of Flow Festival.
Neste's proprietary NEXBTL technology allows the use of almost any waste fat or vegetable oil in the production of high quality renewable diesel and other renewable products. Neste is constantly looking into expanding low-carbon raw material base even further. At present, more than 75 per cent of the renewable raw material Neste uses consists of wastes and residues.
Senior Vice President, Communications and Brand Marketing
More information: Kaisa Hietala, EVP, Renewable Products, tel. +358 50 458 4128
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/fi