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Neste Continues Projects for Renewable Fuel and Cleaner Oil, an Industrial Info News Alert

Posted on: Thursday, 19 June 2008, 06:00 CDT

Researched by Industrial Info Resources (Sugar Land, Texas) -- Following a decision to build a renewables-fed diesel plant in Singapore at the end of 2007, Neste Oil (OTC:NTOIF) (Espoo, Finland) has announced that it will build an 800,000-ton-per-year renewable diesel plant in Rotterdam, The Netherlands. Work has begun on the $1 billion project, using Neste's NExBTL renewable diesel proprietary technology. Completion is scheduled for 2011. Compared with the use of fossil fuels, NExBTL offers 40%-60% lower greenhouse gas emissions over its entire life cycle, reducing tailpipe emissions and contributing to better air quality.

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 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources

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