Neste and Q8 collaborate to make Neste MY Renewable Diesel available in the Danish market
Neste Corporation, Press Release, 17 April 2023 at 9.00 a.m. (EET)
Photo: Q8 Denmark
Thanks to a strategic cooperation between Q8 and Neste, the heavy transport sector operators can buy Neste MY Renewable Diesel™, at nine Q8 stations in Denmark from 17 April 2023 onwards.
Many Danish companies are in the process of converting their transport operations to more sustainable fuels, but a large part of the Danish B2B fleet is still powered by fossil diesel. A new collaboration between Q8 Denmark and Neste, the world's largest producer of renewable diesel, will help Danish transport companies to significantly reduce greenhouse gas emissions of their existing fleet by switching fossil diesel to renewable diesel, also known as “HVO100”.
Initially, the renewable diesel will be made available to heavy transport at nine stations on 17 April.
"We are facing a major restructuring of the transport sector in the coming years, and we are experiencing increasing demand from our business customers in particular for products that can contribute to reducing the climate footprint. Biofuels will be crucial in achieving the necessary reductions in the coming years, not least for heavy transport. Therefore, the partnership with Neste is central to our general ambition to minimize the climate footprint both for ourselves and our customers," says Retail Director at Q8, Helle Dahlgren Skov.
"We are very excited to expand our Neste MY Renewable Diesel offering in Europe, this time in Denmark in collaboration with Q8. We firmly believe that all solutions are needed to reduce transportation-related emissions and support the sector’s contribution to the EU-level target of reaching carbon neutrality by 2050. Neste MY Renewable Diesel use does not require any modifications to existing engines, vehicles or fuel distribution infrastructure. By fueling Neste-produced renewable diesel, greenhouse gas (CO2e) emissions can be reduced by up to 90 percent* over the life cycle of the fuel when compared to fossil diesel. We are committed to supporting our customers to reduce greenhouse gas emissions by at least 20 million tons annually by 2030," says Christian Pettersson, Head of Branded Sales, Renewable Road Transportation business unit at Neste.
The goal of the collaboration between Q8 and Neste is to enable the heavy transport sector throughout Denmark to reduce emissions. Neste MY Renewable Diesel is made available at stations on routes with very heavy transport around Denmark.
*) The life cycle emissions and emission reduction calculations complies with the EU Renewable Energy Directive II (2018/2001/EU).
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Neste in brief
Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce their greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. Our ambition is to make the Porvoo oil refinery in Finland the most sustainable refinery in Europe by 2030. We are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials. We have committed to reaching carbon-neutral production by 2035, and we will reduce the carbon emission intensity of sold products by 50% by 2040. We also have set high standards for biodiversity, human rights and supply chain. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world’s most sustainable companies. In 2022, Neste's revenue stood at EUR 25.7 billion. Read more: neste.com