Neste Oil committed itself to a European Aviation Biofuels Flightpath introduced in Paris aimed at increasing the use of aviation biofuels to 2 million tons annually by 2020. The signatories to the Flightpath - the European Commission, industry representatives, members of the financial community, and various NGOs - have committed themselves to working together to make the Flightpath a reality.

The joint goal is to ensure that aviation biofuels are produced sustainably and are suitable for use by aircrafts flying on commercial routes. The aim is also to support the development of new innovations in the field and create the economic and legislative mechanisms needed to encourage the uptake of these new fuels.

"The Fligthpath announced today is very much in line with Neste Oil's goals," says Janne Mielck, Neste Oil's Vice President, Business Development. "We are already capable of producing NExBTL renewable aviation fuel from sustainably produced inputs on an industrial scale. Our R&D aimed at extending our raw material base and developing our refining capabilities supports the overall intent of the new Flightpath."

"NExBTL renewable aviation fuel complies with the toughest quality standards and offers airlines an easy and highly effective solution for reducing their greenhouse gas emissions. We also believe that aviation biofuels could ultimately be used to fulfill the national biomandates that are currently being fulfilled mostly with road traffic fuels," Janne Mielck continues.

Produced by hydrotreating renewable raw materials, NExBTL aviation fuel is compatible with all aircraft engines currently in use. Production is based on Neste Oil's proprietary technology, which can make use of a flexible range of various types of vegetable oil and waste-based inputs, such as animal fat from the food industry. Neste Oil is committed to only using verifiably sustainable and fully traceable raw materials that can be tracked all the way back to the original source.

Tags: Neste Oil Corporation