Neste welcomes two new partners, EDi Energie-Direkt Hohenlohe GmbH and TOOL-FUEL Services GmbH, to sell Neste MY Renewable Diesel in Germany.
Neste is partnering with EDi Energie-Direkt Hohenlohe GmbH and TOOL-FUEL Services GmbH to jointly enable the supply of Neste MY Renewable Diesel™ in Germany and contribute to reducing greenhouse gas emission in the transport sector. The two companies will distribute and sell Neste MY Renewable Diesel in Germany, while Neste will ensure sufficient volumes of the fuel.
Currently, the sale of renewable fuels is regulated by German legislation. It is already possible to use 100% renewable diesel products, such as Neste MY Renewable Diesel, in public transport in the cities, for waste collection for post and parcel delivery services and for applications off the road, such as trains, agriculture or machinery.
The legislation, which would allow all potential users to benefit from the climate benefits of renewable diesel, is currently under political discussion in Germany.
Jörg Hübeler, Head of Market Development Europe & APAC at Neste, said:
The cooperation agreements mark an important step in increasing the potential for decarbonization of the German market.
“This is truly a milestone for us at Neste as well as for the German market – with this collaboration we can supply Neste MY Renewable Diesel to the whole country.”
EDi has made it its mission to reliably supply its customers with more sustainable fuels, which now also includes Neste MY Renewable Diesel.
Roland Weissert, Managing Director EDi Energie-Direkt Hohenlohe, said:
Neste is fully committed to supporting decarbonization in Germany.
“For us at EDi, the cooperation with Neste in Germany is therefore a perfect fit.”
For TOOL-FUEL Services, Neste will act as a supplier and thus help to secure the demand for renewable diesel (also known as HVO100) in Germany.
Alexander Stöhr, Managing Director at TOOL-FUEL Services, said:
We are very proud about the trust placed in us by Neste.
“The signed cooperation agreement in Germany is a potential breakthrough in reducing emissions with a solution available already today.”
With Neste MY Renewable Diesel™, the greenhouse gas (GHG) emissions can be reduced by up to 90% when emissions over the fuel’s life cycle are compared with fossil diesel.* Switching to renewable diesel from Neste thus enables its users to significantly reduce their transport-related greenhouse gas emissions. Neste MY Renewable Diesel is produced from 100% renewable raw materials.
Being a drop-in fuel, Neste MY Renewable Diesel is fully compatible with all diesel engines, not requiring any modifications to the existing vehicles or fuel distribution infrastructures.
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 2021, Neste’s revenue stood at EUR 15.1 billion. Read more: neste.com
Neste welcomes two new partners, EDi Energie-Direkt Hohenlohe GmbH and TOOL-FUEL Services GmbH, to sell Neste MY Renewable Diesel in Germany, October 6, 2022
