Lufthansa image bank: Jens Görlich / Mo CGI
Neste Corporation, Press Release, 2 October 2019, at 9 am (EET)
Neste, the world’s leading renewable fuel producer, and Lufthansa, one of the leading airlines in Europe, strengthen their collaboration regarding the development of renewable solutions for aviation. As part of the collaboration, Lufthansa will use Neste’s sustainable aviation fuel, blended with fossil jet fuel on flights departing from Frankfurt. The first batch of sustainable aviation fuel was delivered to Lufthansa earlier this year.
“We are very happy to continue our collaboration with Lufthansa, a company that has supported responsible corporate policies for decades, and is a pioneer in sustainable aviation fuel testing. Neste and Lufthansa share the same ambition to increase the sustainability of aviation, and to offer solutions which help our customers achieve personal goals in reducing their carbon footprint,” says Peter Vanacker, President and CEO of Neste.
Collaboration between Neste and Lufthansa began already in 2011, when Lufthansa successfully tested Neste’s sustainable aviation fuel on a total of 1,187 flights between Frankfurt and Hamburg: Lufthansa was the first airline to test alternative fuel in regular flight operations for about six months as a trial run in the context of the joint project ”BurnFair”.
Aviation has a positive impact on people’s lives and it supports the growth of companies and economies. At the same time, the aviation industry accounts for approximately 3% of global man made CO2 emissions. The aviation industry has already set bold goals to reduce aviation-related emissions and sustainable aviation fuels are seen as an important part of the solution.
Neste’s sustainable aviation fuel is produced from renewable waste and residue raw materials. Over the lifecycle including the impact of logistics, sustainable aviation fuel has up to 80% smaller carbon footprint compared to fossil jet fuel. It is fully compatible with the existing jet engine technology and fuel distribution infrastructure when blended with fossil jet fuel. In the US and Europe, the company’s renewable jet fuel annual capacity is currently 100,000 tons. With the Singapore refinery expansion on the way, Neste will have the capacity to produce over 1 million tonnes of renewable jet fuel by 2022.
Vice President, Communications (act.)
More information: Neste’s mediaphone tel. +358 50 458 5076 or media(at)neste.com weekdays between 8.30 am. and 4.00 pm (EET).
Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world's largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2018, Neste's revenue stood at EUR 14.9 billion. In 2019, Neste placed 3rd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com