Neste Corporation, News, 6 November 2023
Neste is partnering with PTL Marine to provide Neste MY Renewable Diesel™ to the marine sector across the State of California. PTL Marine, a division of Pilot Thomas Logistics, is a leading provider of maritime fuel and lubricants, supplies and last-mile logistics. Through this collaboration the state’s marine industry will have easier access to renewable diesel.
California’s Commercial Harbor Craft (CHC) regulation, established by the California Air Resources Board (CARB), took effect on January 1, 2023. This regulation requires commercial harbor craft vessels in the state to use renewable diesel (also known locally as R99 or R100) instead of ultra-low sulphur diesel (ULSD), to limit emissions such as particulate matter and nitrogen oxides for vessels operating in the state’s ports and near the coast. The regulation applies to the use of on-water diesel fuels in California harbors, ports, navigable waterways, marinas and marine navigation districts.
“Our partnership with PTL Marine demonstrates renewable diesel’s wide range of applications in the heavy-duty sectors,” says Carrie Song, Vice President, Renewable Road Transportation, Americas at Neste. “We are excited to see California actively encouraging the use of renewable diesel outside of road transportation to reduce emissions, especially from older engines. With strategic partners like PTL Marine, we look forward to helping California’s marine industry have easier access to this more sustainable alternative.”
Ports are important for the US economy, but port-related emissions from fossil fuel use impact public health and the climate, according to the US Environmental Protection Agency (EPA). A CARB research found that renewable diesel, when compared with fossil diesel, can provide up to a 26.6% reduction in fine particulate emissions and up to 11.8% reduction in the emissions of nitrogen oxides (NOx) in harbor crafts equipped with a Tier 2 marine-certified engine.
Additionally, renewable diesel is an immediately available solution to reduce greenhouse gas (GHG) emissions. Made from sustainably-sourced, 100% renewable raw materials, the use of Neste MY Renewable Diesel results in up to 75%* reduced GHG emissions over its life cycle compared to fossil diesel.
Since Neste MY Renewable Diesel has a similar chemical composition to fossil diesel, it can be used as a drop-in solution in all diesel-powered vessels without investments into new vehicle fleets, modifications to the engines or the fuel distribution infrastructure. It also delivers strong performance and meets all of the CARB requirements, including a flash point of 140ºF or greater.
With decades of experience in providing fuels and lubricants to marine customers, PTL Marine can deliver Neste MY Renewable Diesel to customers in a timely manner with three modes of delivery – truck to the vessel, dockside services, and barge to the vessel. These various delivery modes enable a range of harbor craft, from small ferries to large commercial fishing boats, as well as offshore working boats and large cargo ships to easily access renewable fuel.
“We are pleased to be working alongside Neste to deliver a high-quality, reliable supply of renewable diesel for our west coast customers,” says Steven Taylor, Business Development Manager, PTL Marine. “Partnering with a company that shares our values and embodies our commitment to innovation makes this an exciting partnership.”
Neste has been supplying renewable diesel to California since 2016. Neste now has an annual production capacity of 1.14 billion gallons (3.3 million tons) of renewable products globally. The production capacity will further increase to 1.9 billion gallons (5.5 million tons) in early 2024 thanks to the ramp-up of production at Neste’s expanded refinery in Singapore and the company’s joint operation with Marathon Petroleum in Martinez, CA.
*) The GHG emission reduction percentage varies depending on the region-specific legislation that provides the methodology for the calculations (e.g. U.S. California LCFS for the U.S.), and the raw material mix used to manufacture the product for each market.
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. The company refines waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials.
As the world’s leading producer of sustainable aviation fuel and renewable diesel and a forerunner in developing renewable and circular feedstock solutions for polymers and chemicals, Neste helps its customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030.
The company’s ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. Neste is committed to reaching carbon-neutral production by 2035, and will reduce the carbon emission intensity of sold products by 50% by 2040. Neste has also set high standards for biodiversity, human rights and the supply chain. The company has consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com
About PTL Marine
For more than 85 years, PTL Marine and its legacy companies have provided quality products and services to the inland and coastal maritime industry including fuels, lubricants, groceries, supplies, liquid terminalling and last-mile logistics solutions. With an unparalleled focus on the customer and reputation for convenient one-stop shopping and reliability, PTL Marine serves its valued customers 24/7/365 with operations along the Mississippi River, the U.S. Gulf Coast and the U.S. West Coast. For more information, visit www.PTLMarine.com