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Finnish Oil Major Eyes Indian Jatropha
2 pages
Published by
sofoulis konstantinos
Finnish oil major eyes Indian jatropha
Jatropha, a wonder plant grown in India, might soon fuel cars in Europe with Finnish oil and refining
major Neste Oil considering importing it for its upcoming bio-diesel plants.
We are...
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Finnish oil major eyes Indian jatropha
Jatropha, a wonder plant grown in India, might soon fuel cars in Europe with Finnish oil and refining
major Neste Oil considering importing it for its upcoming bio-diesel plants.
We are continuously looking for ways to expand our raw material base for NExBTL (the second
generation bio-diesel developed by Neste), and in this search the non-edible jatropha is very
interesting, said Neste Oil president and CEO Risto Rinne here.
Currently, Neste Oil has no ongoing projects in India but with its vast population and proactive
bio-fuel targets, India is an attractive future market opportunity for Neste Oil s NexBTL renewable
diesel, he told visiting Indian journalists.
Neste Oil, the third largest company in Finland with a 50.
1 percent government stake, is coming up
with its first bio-diesel plant in May this year and aims to emerge as the world s leading bio-diesel
company besides running its traditional oil refining business.
India is a rathe
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base,
cars,
company,
diesel,
feedstock,
finland,
fuel,
india,
indian,
jatropha,
market,
nexbtl,
percent,
plant,
production,
refining,
year
