Neste Continues Projects for Renewable Fuel and Cleaner Oil

JOHANNESBURG--June 19, 2008--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.

Other companies featured: Technip Italy (OTC:TKPPY), Air Liquide (OTC:AIQUY)