BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News





Neste's renewable diesel technology wins award

23 Dec 2016 10:54 GMT

Supplier's renewable diesel can be produced from nearly any waste fat or vegetable oil.



Finnish firm Neste has been selected as the leading biofuel operator at the 2016 Global Energy Awards. The company was chosen ahead of six other finalists.

The panel of judges was said to have been impressed by the company's NEXBTL Renewable Diesel technology - recently rebranded as Neste Renewable Diesel, which enables the production of renewable diesel and other renewable products from nearly any waste fat or vegetable oil through a hydrogen-based treatment.

Neste Renewable Diesel is classified as a hydrotreated vegetable oil (HVO), and, according to Neste, can be blended in any combination with fossil diesel.

The panel was also said to be particularly inspired by the company's plans to start production of renewable propane at its Rotterdam refinery by the end of 2016.

Neste won praise for its commitment to sustainability and for its search for new solutions in order to develop its operations. The company's plan to increase biodiesel production capacity beyond the current annual volume of two million tonnes was also met positively by the judges.

The Global Energy Awards are now in their 18th year. The award ceremony took place in New York on 8th December.

Last month, the government of Finland confirmed that it plans to increase the percentage of biofuels blended in transportation fuel to 30 percent by 2030 in order to meet the country's emission reduction targets.

In June, Bunker Index reported that Neste had provided the Scripps Institute of Oceanography at the University of California with a a supply of NEXBTL Renewable Diesel during a year-long project that tested biofuel on the research vessel Robert Gordon Sproul.




Related Links:

Neste to supply low-sulphur fuel to Viking Line in 2017
Neste to continue supplying low-sulphur fuel to Tallink in 2017
Finland intends to raise biofuel blending in transportation fuel to 30%
Neste to supply low-sulphur fuel to Viking Line in 2017
Results from research vessel running on biofuel for a year
Neste Oyj
Finland

Latest News:

Titan LNG doubles speed of bunker deliveries in Amsterdam
Lukoil 'ready' with cylinder oil for distillates and low-sulphur hydrocarbon blends
Aegean announces plan to cut annual operating costs by $20 million
Oil and fuel oil hedging market update
Osaka Gas to supply Japan's first LNG-fuelled tug in 2019
OPEC meeting in Vienna today - what will it do for oil prices today and in the future?
Aegean Marine Petroleum's share price plummets more than 30%
Strict regs will put short-term compliance methods into the 'too hard' basket: Purio
Shipping 'not on track' to meet 2025 fuel efficiency target: IEA
Aegean posts 88.1% drop in net income despite rise in revenue, sales volume
Oil and fuel oil hedging market update
The day before the day




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Cape Town
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio
Rotterdam
Santos
Singapore
Directory
Africa
Asia
Central America
Middle East
North America
North Europe
Oceania
South America
South Europe
Directory
Germany
Gibraltar
Greece
Hong Kong
Italy
Japan
Netherlands
Panama
Russia
Singapore
South Africa
South Korea
Spain
Turkey
United Arab Emirates
United Kingdom
United States
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Events
Upcoming Events