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Neste Oil sold first batch of NExBTL diesel to the US market

27 April 2012

Neste Oil announced that it recently supplied its first batch of NExBTL renewable diesel to the US market. The fuel was produced at the company’s Porvoo refinery in Finland.

The NExBTL fuel supplied to the United States was made from from waste fats. As such, it qualified as “advanced biofuel” under the US EPA’s renewable fuel standard (RFS2).

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“Our entry into the US renewable fuel market is an important milestone for us, as the US represents a major market for premium-quality biofuels. We are also proud of our contribution to the US Renewable Fuel Standard. The RFS regulation enables and encourages the reduction of greenhouse gases and diversification of the US fuel supply. NExBTL renewable diesel is an ideal low-carbon fuel for the US market as it is completely fungible with the existing extensive infrastructure—and is accepted within the existing refinery and pipeline distribution system,” said Matti Lehmus, Neste Oil’s Executive Vice President, Oil Products and Renewables.

The NExBTL renewable diesel is produced via refinery hydrogenation of vegetable oils and/or other fatty feedstocks. The main feedstock used by Neste Oil is palm oil. At this time, fuels made from palm oil are not classified as renewable fuels under the US EPA RFS2 requirements.

Palm oil derived fuels are acceptable under the European biofuel mandates. Neste Oil sold 305,000 tons of NExBTL renewable diesel to several dozens of customers in over ten countries during the first quarter of 2012.

Source: Neste