ROVworld Subsea Information

Neste, Total plan
Date: Saturday, July 16, 2005 @ 03:33:35 EDT
Topic: SCIENCE & TECH NEWS


Europe's Finland's Neste Oil Corp. and Total S.A. have agreed to jointly study how best to mass produce Europe's "next generation" of biodiesel fuel.

A plant will set up at Total refinery for production that targets a 2008 start.

Neste's own NExBTL fuel recipe will form the core of studies aimed at getting the best from burning vegetable oils and animal fats.

Neste said in a statement that it's biofuel was top-notch, and was lauded by engine-makers.

Euro tax relief is helping to drive this oil company collaboration.

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Source: OilPort.net
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