Neste Oil recognized for its energy and environmental excellence
Today Neste Oil has won Hart Energy's 2008 Global Energy and
Environmental Excellence Award in Alternative Fuels category. These
awards recognize companies who, through innovation and technology,
have made significant progress towards solving global energy
challenges. Winners were selected by a panel, which is an
invitation-only group comprised of 100 industry leaders in
sustainable energy solutions from across the globe.
The award was granted during the Energy Solutions Conference 2008 in
Houston. The event gathered distinguished leaders from industry,
government and academia to discuss smart solutions for today's global
"With the widening gap between energy supply and demand, the need for
sustainable resources is more urgent than ever," said Kristine
Klavers, Vice President, Hart Energy Consulting. "We want to
recognize those who are positively impacting our global energy
outlook by creating innovative technologies and smarter solutions.
These companies are changing the face of our industry, and we are
honored to award them for their achievements."
"Neste Oil has been the leader in energy and environment solutions
since 1990's and their latest technology to produce the NExBTL
renewable diesel is a new innovation to continue their clean fuel
strategy implementation", said Sandrine Dixon-Decleve, Executive
Director, Hart Energy.
"Neste Oil's premium-quality NExBTL renewable diesel is the cleanest
diesel fuel available on the market today, and new NExBTL plants are
being built in Singapore, Rotterdam, and Porvoo. We are very pleased
to have received this type of international recognition for our
commitment and what we have achieved," says Jarmo Honkamaa, Neste
Oil's Deputy CEO.
NESTE OIL CORPORATION
Senior Vice President, Corporate Communications
Further information: Jarmo Honkamaa, Deputy CEO, tel. +358 10 458
Neste Oil in brief
Neste Oil Corporation is a refining and marketing company
concentrating on low-emission, high-quality traffic fuels. The
company's strategy is based on growing both its oil refining and
premium-quality renewable diesel businesses. Neste Oil's refineries
are located in Porvoo and Naantali and have a combined crude oil
refining capacity of approx. 260,000 barrels a day. The company had
net sales of EUR 12,103 million in 2007 and employs around 5,200
people. Neste Oil's share is listed on the NASDAQ OMX Helsinki.
NExBTL in brief
NExBTL renewable diesel is an advanced fuel based on renewable raw
materials that performs more efficiently and has a lower level of
environmental impact than fossil diesel or FAME-type biodiesel. Neste
Oil requires its raw material suppliers to observe a responsible
approach to sustainability. Feedstock of this type ensures that
NExBTL renewable diesel has a 40-60% lower level of greenhouse gas
emissions over its entire lifecycle compared to fossil diesel. NExBTL
renewable diesel can be blended with conventional diesel fuel or used
as such, and is suitable for all diesel engines.
Hart Energy Consulting in brief
Headquartered in Houston, with representation in New York, London,
Washington, Brussels, Bahrain, Singapore, and many other
international cities, Hart Energy Consulting is a division of Hart
Energy Publishing. Hart Energy Publishing's market-leading
publications include Oil and Gas Investor, E&P, FUEL and PipeLine and
Gas Technology. Hart also produces newsletters, custom publishing
products, conferences, and unique multi- and single-client consulting
services. Hart Energy Consulting is a leading full-service
information, analysis and communication resource for the worldwide
energy industry. Multi-client consulting services already include the
International Fuel Quality Center (IFQC), with over 100 members from
industry and government, the Global Biofuels Center, World Refining &
Fuels Service to 2030 (WRFS), and Government Affairs.
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