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Neste Oil produced over 1 million tonnes of waste-based fuel in 2014

Neste Oil says it is now the world's largest producer of renewable fuels from waste and residues.

In 2014, the company produced nearly 1.3 million tonnes (1.6 billion litres) of renewable fuel from waste and residues. In practical terms, this is enough to power for two years all the 650,000 diesel-powered passenger cars in Finland with renewable NEXBTL diesel manufactured from waste and residues.

'The production of fuels from waste-based feedstock is resource-efficient, and our aim is to have the capability to use 100% waste and residues by 2017,' says Kaisa Hietala, executive VP of Neste Oil's Renewable Products business area. 'We are constantly searching for new waste-based raw materials of increasingly poorer quality, and use the majority of our €40 million R&D expenditure for raw material research.'

Examples of Neste Oil's waste and residue-based raw materials include animal and fish fats, used cooking oil and various residues generated during vegetable oil refining, such as palm fatty acid distillate (PFAD) and technical corn oil. These raw materials accounted for 62% of the company's renewable inputs in 2014 (52% in 2013, 35% in 2012).

Additionally, Neste Oil manufactures renewable products from vegetable oils, mainly from crude palm oil. Its proportion of the total feedstock usage has decreased markedly over the past few years and currently stands at 38% (47% in 2013, 65% in 2012). To date, the company can produce renewable diesel from more than 10 different raw materials, and the total amount of renewal diesel it produced last year would suffice to power 2.8 million passenger cars for one year.

All of the company's renewable raw materials are sustainably produced and comply with the requirements set out by legislation. With regard to crude palm oil, Neste Oil only uses certified feedstock.

Neste Oil produces renewable products based on its proprietary NEXBTL technology in its refineries located in Finland, the Netherlands, and Singapore. With its annual capacity of 2 million tonnes, it claims to be the largest renewable diesel producer in the world.

 

SOURCE: Neste Oil





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