Neste Oil plans to use only sustainable palm oil by 2015

04 June 2009 12:05  [Source: ICIS news]

SINGAPORE (ICIS news)--Neste Oil plans to use only sustainable palm oil in its renewable diesel production by 2015 in a bid to reaffirm its commitment to sustainability, the Finnish company said on Thursday.

"Neste Oil is a pioneer in using sustainably produced raw materials for biofuel production. We require our palm oil suppliers to be members of the Roundtable on Sustainable Palm Oil (RSPO) and commit to sustainability and continuous development," said Jarmo Honkamaa, deputy CEO and executive vice president of the firm.

The company had developed a system for the "full traceability" of the palm oil it uses in its NExBTL production, he added.

"Neste Oil expects to use at least 50,000 tonnes of certified palm oil this year, and projects that this figure will rise rapidly in subsequent years," the company added.

More than 30 activists from environmental group Greenpeace held demonstrations outside Neste Oil’s Porvoo refinery last month, saying that the company would be the single largest consumer of palm oil after the completion of its projects in Singapore, Finland and the Netherlands.

The company was in the process of building the world’s largest renewable diesel production facility at Jurong Island, Singapore, with a nameplate capacity of 800,000 tonnes/year.

Neste Oil’s NExBTL biodiesel is a proprietary technology that would fulfil fuel standards required by the American Society of Testing and Materials (ASTM). The ASTM standards call for lower cold-filer plug points (CFPP), which is the temperature at which the fuel starts to congeal and clog up engines.

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By: Bohan Loh
+65 6780 4359



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