UPM BioVerno Renewable Diesel to be Distributed in Finland

UPM, Helsinki, Finland, has signed a sales agreement for UPM BioVerno renewable diesel, produced in UPM's Lappeenranta (Finland) Biorefinery, with NEOT (North European Oil Trade). NEOT specializes in oil and biofuels wholesale. Large Finnish service stations, ABC, St1, and Shell, get their fuels from NEOT.

 

"UPM’s renewable wood-based diesel, UPM BioVerno, is produced using the company's own innovative process in Finland. Thus it is excellent that we are able to use it in Finnish vehicles as well. We are satisfied with the agreement with NEOT and the fact that UPM BioVerno will be distributed to Finnish service stations," said Petri Kukkonen, VP, UPM Biofuels.

 

"Finnish UPM BioVerno is an excellent bioproduct. By blending it with fossil fuel, we are able to fulfill part of the bio target set for Finnish transport, and increase Finland's energy self-sufficiency. The annual production of UPM BioVerno in Lappeenranta will cover nearly a quarter of Finland’s 20% renewable energy target for transport in 2020," Kukkonen continued.

 

"For NEOT, sustainable development means utilization of cleaner and technologically more advanced fuels in the supply chain. We favor ethically, ecologically, and quality wise the best products—in this equation the domestic renewable UPM BioVerno is an excellent bio component for diesel," said Henrikki Talvitie, CEO of NEOT.

 

UPM BioVerno is made from a pulp production residue called crude tall oil. The Finnish made fuel works well in all diesel engines and reduces greenhouse gas emissions. Extensive fleet tests conducted with the VTT Technical Research Centre of Finland showed that UPM BioVerno diesel works in cars just as well as any regular diesel, UPM points out. 

 

"By using UPM BioVerno, motorists will support Finnish fuel production and help the environment by reducing greenhouse gas emissions," Kukkonen said, summing up the advantages of UPM’s renewable diesel.