Climate change is a phenomenon that affects all of us. Targets to cut greenhouse gas emissions are set around the world e.g. in EU to reduce greenhouse gas emissions by 80% by 2050. Traffic is one of the biggest sources of carbon dioxide emissions. Approximately one-fifth of the EU's carbon dioxide emissions are generated by traffic, and this figure is likely to increase.
Combating climate change is Neste's business. Our solution is renewable products not only in road transportation but also in renewable aviation, polymers and chemicals.
Neste's renewable products are part of the solution for the struggle against climate change
The most significant environmentally friendly, cost-efficient and easily available solution for reducing greenhouse gas emissions is our Neste MY renewable diesel™ based on our proprietary technology.
The use of Neste MY renewable diesel made from 100% renewable raw materials can result in 50–90% lower greenhouse gas emissions when compared with conventional fossil diesel.
We are the world's largest producer of renewable diesel
Customers and products
We sell Neste MY Renewable Diesel as a component of bio and diesel fuel to corporate customers, mainly in Europe and North America.
Due to the high quality of the product, customers can use it in a flexible manner, optimize their logistics chain, and produce high-quality blended products. The product can also be sold to distributor companies as a readymade blend of fossil and renewable diesel. Due to its excellent cold weather characteristics, it is also suitable for aviation.
Bold goals to reduce aviation-related emissions
Neste has made a significant commitment to make aviation more sustainable. We are scaling up towards continuous production of Neste MY Renewable Jet Fuel and aims to increase production by 2022 to significant volumes to meet the growing global demand. Neste MY Renewable Jet Fuel has already been successfully used on commercial flights by Lufthansa and KLM, as well as at Oslo Gardemoen airport.
From renewable diesel to renewable plastics
Besides reducing carbon dioxide emissions from traffic, renewable fuels presents us with interesting opportunities outside of the traffic fuels segment. Renewable fuels can replace fossil fuels in the chemical industry's applications, such as the production of renewable solvents and renewable plastics.
Renewable solvents are a more environmentally friendly option to use in the production of such products as paints, glues, detergents, and cosmetics. Neste renewable isoalkane™ provides the means to decrease the environmental footprint of biochemical businesses and products, and an answer to consumer demand for high-quality sustainable solutions.
We have invested in a biopropane recovery unit at the Rotterdam plant and made preparations to start the production of biopropane during the first half of 2017. It can be utilized in the production of plastics and energy generation, among other uses.
In 2018, our customers reduced their GHG emissions by 7.9 million tons with our renewable products equaling permanent removal of 3 million passenger cars from the roads.