Neste introduces IMO 2020 fuel, announces new US partnership

By Ron Kotrba | August 15, 2019

Renewable diesel producer Neste Corp. announced Aug. 15 it will introduce a new fuel, Neste Marine 0.5, in the fourth quarter of this year, helping shippers comply with the International Maritime Organization’s 2020 sulfur cap of 0.5 percent to reduce sulfur dioxide emissions. Come Jan. 1, the IMO will enforce a 0.5 percent global sulfur cap on marine fuel for areas currently with a 3.5 percent sulfur limit. In these areas, all vessels will be required to use fuel with a maximum sulfur content of 0.5 percent unless exhaust gas cleaning systems are used.

Neste Marine 0.5 is manufactured in Neste’s refinery in Porvoo, Finland. The product will be available in Northwest Europe. The exact locations where the fuel will be available, along with the product’s technical specification, are to be released this fall.

The company also announced it is partnering with McCall Companies to distribute its branded Neste MY Renewable Diesel in Oregon, which implemented clean fuels standards in 2016.

“McCall has been safely and reliably distributing fuels to our customers for more than 80 years,” said McCall Companies CEO Kevin Jones. “This partnership represents our commitment to Oregon’s role in a greener future while providing products that meet our customers’ requirements.”

 

 
 
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