Neste celebrates 10 years of renewable diesel
An entirely new type of fuel saw the light of the day 10 years ago, when the production of renewable diesel began at the Neste Porvoo refinery in Finland.
In these ten years, the innovation has made Neste the world's leading circular economy company in biofuels and reduced GHG emissions from traffic by more than 33 million tons, according to the company.
Neste MY Renewable Diesel, created by Neste's own research and development, has helped to reduce emissions in a number of applications ranging from private cars to heavy transport and from entire cities to sports and entertainment events.
“Thanks to the product's high quality, it can be used in existing engines to achieve up to 90% smaller GHG emissions compared to fossil diesel,” says Kaisa Hietala, Executive Vice President, Renewable Products at Neste.
Neste has become the world's largest producer of renewable diesel from waste and residues.
The next new fields for renewable business will be renewable jet fuel (biojet), as well as bioplastics and solvents, which are expected to increase their share to 20% of the sales of all renewable products by 2020.
