Neste’s Renewable Diesel to be More Widely Available in the Netherlands through Partnership with Catom

Neste’s Renewable Diesel to be More Widely Available in the Netherlands through Partnership with Catom

(IN BRIEF) Neste has entered into a partnership with Catom, a Dutch company engaged in fuel and lubricant trade, distribution and sales, to increase the supply and distribution of Neste MY Renewable Diesel™, a product that can reduce greenhouse gas emissions by 75-95% compared to fossil diesel. Catom’s logistics presence and sales network in the Netherlands, in combination with its storage facilities, will further increase the availability of Neste MY Renewable Diesel in the Dutch market.

(PRESS RELEASE) ESPOO, 18-Mar-2023 — /EuropaWire/ — Neste is partnering with Catom in the Netherlands to increase the supply and distribution of Neste MY Renewable Diesel™ and to contribute to the reduction of greenhouse gas emission in the transport sector.

Catom is a Dutch company active in the trade, distribution and sales of fuels and lubricants. With its subsidiary OK Oliecentrale, Catom is market leader in the Netherlands in selling high-quality fuels to end-customers in the Netherlands. Combined with Catom’s storage facilities at strategic locations and dedicated logistics – both over land and water – the availability of Neste MY Renewable Diesel will further increase in the Dutch market.

“We are very proud to welcome Catom as a new distributor. This means a strong logistics presence and a very capable B-to-B sales organization across the Netherlands for Neste MY Renewable Diesel,” says Peter Zonneveld, Vice President Sales Renewable Road Transport Europe and APAC at Neste. “With Neste MY Renewable Diesel greenhouse gas emissions can be reduced by as much as 75 to 95%* compared to fossil diesel,” Peter Zonneveld continues.

“We are a fast growing company, with ambitious goals. And very proud to be able to add Neste MY Renewable Diesel to our portfolio of fuels. A step forward that connects seamlessly to our ambitions to be able to answer our end customers’ current needs and wishes when it comes to transportation and sustainability,” says Jan Willem Westerhuis, CEO of Catom.

*) The GHG emission reduction percentage varies depending on the region-specific legislation that provides the methodology for the calculations (e.g. EU RED II 2018/2001/EU for Europe and US California LCFS for the US), and the raw material mix used to manufacture the product for each market.

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 2022, Neste’s revenue stood at EUR 25.7 billion. Read more: neste.com

Catom in brief

Catom was founded in 1998 and has expanded continuously ever since. The Dutch company has its head office in Breda and regional offices and storage locations all over The Netherlands. The company focuses on three primary activities in the downstream segment of the oil market: wholesale, reselling and retail. In reselling, Catom is market leader in The Netherlands and a major player in both activities on land (OK Oliecentrale) as on water (OK Marine).

More information: www.catom.eu and www.ok-oliecentrale.nl

Media Contact:

Tel.: +358 800 94025
media@neste.com (weekdays from 8.30 a.m. to 4.00 p.m. EET). Please subscribe to Neste’s releases at https://www.neste.com/for-media/releases-and-news/subscribe.

SOURCE: Neste