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Neste Oil's renewable diesel helped reduce the carbon footprint of some major events this summer


August 20, 2014 - London

Neste Oil Corporation
Press release
20 August 2014 at 10.00 a.m. (EET)

Neste Oil's renewable diesel helped reduce the carbon footprint of some major events this summer

Neste Oil's NEXBTL renewable diesel was used to generate electricity at two major events in Finland this summer: the Flow Festival in Helsinki and the Neste Oil Rally Helsinki Battle street circuit race.

NEXBTL diesel generated 45% of the electricity used at the Flow Festival and powered the machinery at the festival site. Using the fuel resulted in a 22 ton reduction in emissions, equivalent in emission terms to nearly three round-the-world flights.

"Using Neste Oil's renewable diesel to generate electricity offered us an excellent way to reduce our carbon footprint," says Flow's Production Manager, Emilia Mikkola.

"NEXBTL diesel has proved itself an excellent fuel for generating electricity, as it has in other areas," according to Kaisa Hietala, Neste Oil's Executive Vice President, Renewable Products. "When used to power on-site generator sets, the premium quality of the fuel and its purity cut exhaust emissions and eliminate the odor associated with conventional diesel."

Thanks to its premium quality, any proportion of NEXBTL diesel can be used in a blend or it can be used on its own, while only up to 7% of conventional FAME-based biodiesel can be safely blended with fossil diesel.

"NEXBTL diesel is an excellent solution, and working with Neste Oil also went without a hitch," says Tuomas Kotovuori of Festival Electrics Ltd., which was responsible for the power generated at this year's Flow Festival.

Last year, NEXBTL diesel was used to generate electricity at the Down By The Laituri Festival in Turku and the Tall Ships Races Helsinki event.

Neste Oil Corporation
Osmo Kammonen
Senior Vice President, Communications and Marketing

Further information:
Kaisa Hietala, Executive Vice President, Renewable Products, tel. +358 (0)10 458 4128

Photo for media use attached.

Neste Oil in brief

Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki.

Neste Oil is included in the Dow Jones Sustainability World Index, and has featured in The Global 100 list of the world's most sustainable corporations for many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: www.nesteoil.com

Photo 1



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Neste Oil Oyj via Globenewswire

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GlobeNewswire

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