Neste Oil produces world’s greatest volume of renewable fuels from waste and residues
Last year Neste Oil produced nearly 1.3 million tonnes (1.6 billion litres) of renewable NEXBTL diesel from waste and residues.
This represents enough fuel to power all of the 650 000 diesel-powered passenger cars in Finland for two years.
“Thanks to this, Neste Oil has in just a few years become the world’s largest circular economy enterprise in the biofuels sector,” says Kaisa Hietala, executive vice president of Neste Oil’s Renewable Products business area.
The waste and residues utilised include animal and fish fats, used cooking oil and various residues generated during vegetable oil refining. These raw materials currently account for 62 per cent of the Finnish company’s renewable inputs.
“The production of fuels from waste-based feedstock is resource-efficient, and our aim is to have the capability to use 100 per cent waste and residues by 2017,” Hietala states.
The company has also set itself the goal of increasing it’s production capacity to 2.6 million tonnes in the near future.
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