(PRESS RELEASE) ESPOO, 29-Jun-2022 — /EuropaWire/ — Neste (HEL: NESTE), the world’s leading provider of renewable diesel and sustainable aviation fuel and the 4th most sustainable company in the world, has announced that Marr Contracting, a world leader in the design and delivery of heavy lift luffing tower cranes and heavy lifting services, will start using renewable diesel (HVO100) produced by Neste in its heavy lift luffing tower crane fleet in Australia. Marr Contracting considers this an important step towards its journey to net-zero carbon emissions and as a great support of its commitment to reduce carbon emissions and impact on the environment as part of the company’s 2021 Social Value Strategy.
The switch to Neste-produced 100% renewable diesel comes after significant consultation with Marr clients and leaders within Australia’s construction industry on the best solution for transitioning away from fossil fuels. After investigating alternative power sources and taking the time to understand the issues associated with currently available options, Marr’s R&D team scoured the world for the best solution.
“We’ve looked at the alternatives and believe this is the most sustainable fuel currently available for the work that we are doing. That’s because it allows us to transition away from fossil diesel and maintain the speed, power and reliability of our cranes to drive productivity and cost-efficiencies on the projects we are working on – while at the same time helping our clients achieve their sustainability goals,” said Marr’s Managing Director, Simon Marr.
“Renewable diesel from Neste is a more sustainable alternative to fossil diesel, helping its users reduce greenhouse gas emissions by up to 90%* when emissions over the fuel’s life cycle are compared with fossil diesel. With renewable diesel from Neste, Marr will reduce its climate emissions significantly in an instant by just changing the fuel,” says Peter Zonneveld, Vice President Sales, Europe and APAC, Renewable Road Transportation at Neste. “We are committed to supporting our customers to reduce their greenhouse gas emissions by at least 20 million tons annually by 2030,” Peter Zonneveld continues.
Switching to renewable diesel from Neste enables a significant reduction in greenhouse gas emissions
Renewable diesel from Neste is produced from 100% renewable raw materials. Neste’s renewable diesel is a drop-in fuel, fully compatible with all diesel engines, not requiring any modifications to the existing vehicles or fuel distribution infrastructures.
Growing availability of renewable diesel and other renewable products
Neste currently has a renewable products global production capacity of 3.3 million tons annually. Neste’s ongoing Singapore expansion project and the joint venture with Marathon in Martinez, CA, that is still pending for closing, will increase the total production capacity of renewable products to 5.5 million tons by the end of 2023, and make Neste the only global provider of renewable fuels and renewable feedstock for polymers and chemicals with a production footprint on three continents. When completed, Neste’s Rotterdam expansion project announced on 27 June, 2022, will further increase the company’s total production capacity of renewable products to 6.8 million tons by the end of 2026.
*) The methodology for calculating life cycle emissions and emissions reduction complies with the European Union’s Renewable Energy Directive II (2018/2001/EU)
Neste Corporation
Susanna Sieppi
Vice President, Communications
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
Marr Contracting in brief
Marr Contracting (‘The Men From Marr’s’) are world leaders in the design and delivery of heavy lift luffing tower cranes and heavy lifting services. With almost 100 years’ experience working on large-scale construction projects in Australia and around the world, their expertise spans the large-scale construction, mining, oil and gas, power, nuclear, major transport infrastructure, technology and marine sectors. Not just a crew and cranes for hire, they’re big thinkers and problem solvers who love a challenge with a string of ‘world firsts’ to their name – including the design of the world’s largest capacity tower crane, the Marr 2480D Heavy Lift Luffing (HLL) crane. Read more: www.marr.com.au
SOURCE: Neste Corporation
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