According to the company’s website press release on October 6, 2022, 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.
“The cooperation agreements mark an important step in increasing the potential for decarbonization of the German market,” says Jörg Hübeler, Head of Market Development Europe & APAC at Neste. “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.
“Neste is fully committed to supporting decarbonization in Germany. For us at EDi, the cooperation with Neste in Germany is therefore a perfect fit," says Roland Weissert, Managing Director EDi Energie-Direkt Hohenlohe.
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.
“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,” says Alexander Stöhr, Managing Director at TOOL-FUEL Services.
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.
*) The GHG emission reduction percentage varies depending on the region-specific legislation that provides the methodology for the calculations (e.g. EU RED II 2018/2001/EU for Europe and US California LCFS for the US), and the raw material mix used to manufacture the product for each market.
Further information: Please contact Neste's media service, tel. +358 800 94025 / media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET).
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
EDi Energie-Direkt Hohenlohe GmbH in brief
EDi is one of the leading medium-sized energy traders in Baden-Württemberg. The company is part of an extensive fueling station network with their own stations and is helping to supply customers in Germany with fuels on time and responsibly. As a family business, EDi looks back on a company history of more than 90 years. Founded as R. Weissert Kohlehandel in 1928, the path led them through several stations and generations to today's energy trader EDi.
TOOL-FUEL Services GmbH in brief
TOOL-FUEL is an innovative company that specializes in the sale of high-quality synthetic diesel fuels, heating oils and in providing advice on all aspects of using these fuels. The core competencies of TOOL-FUEL Services GmbH are the distribution of high-quality diesel predominantly produced from residual and waste materials, and consulting on other paraffinic diesel fuels.
