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11.06.2015 14:06:20

Across the USA on one tank on tank of Neste's NEXBTL renewable diesel

Neste
12.48 CHF -4.16%
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Neste Corporation
Press release
11 June 2015 at 3.05 pm (EET)

Across the USA on one tank on tank of Neste's NEXBTL renewable diesel

A team of motorsport enthusiasts will drive from Atlantic Coast of Florida to the Pacific Coast of California on just one tank of renewable fuel on June 21-26, 2015. This is made possible by NEXBTL renewable diesel that is produced from bio-based raw materials by Neste, the world's largest producer of renewable diesel.

"Americans have a long tradition of taking cross-country road trips, sometimes aiming for speed records, sometimes just making a leisurely jaunt. One team is taking a different approach to this long-distance challenge: drive coast-to-coast on one tank of fuel that is made of completely bio-based raw materials. We believe this may be a first time for this type of trip, " said Kaisa Hietala, Executive Vice President, Renewable Products at Neste.

NEXBTL renewable diesel - a high-performing low carbon biofuel

Neste's NEXBTL renewable diesel can replace petroleum diesel on a drop-in basis due to having the same chemical properties as the ultra-low sulfur diesel. It can also reduce carbon dioxide emissions compared to conventional diesel by as much as 90 percent over its lifecycle. NEXBTL is fully compatible with all diesel engines and delivers better performance because it has higher cetane and burns more completely than petroleum diesel. NEXBTL is not the same product as biodiesel (FAME).

Neste provides NEXBTL renewable diesel to US refiners, blenders, and fuel distributors. NEXBTL is also available to consumers at retail stations in Northern California.

Race car and stunt driver Tanner Foust joins a team of motorsport enthusiasts

The Guest Champion in Across the USA challenge is Tanner Foust, four-time X Games Gold medal winner, three-time U.S. Rallycross champion and two time Formula Drift champion.

"I'm really excited about the next project I'm doing. It is NEXBTL renewable diesel and we are driving across the entire US with one tank of fuel. It will be an amazing trip, " said Tanner Foust.

Other drivers are Pat O'Keefe, Vice President of Golden Gate Petroleum and owner of CLP Motorsports, Luke Lonberger, an experienced motorsports driver and General Manager at CLP Motorsports, and Michael von Disterlo , a lead mechanic at CLP Motorsports.

The Car is a Superlite Coupe powered by Volkswagen engine

The car is a Superlite Coupe (SLC) which is custom-built by CLP motorsports. It has the aerodynamics necessary for maximum efficiency at speed, which is enhanced by a lightweight aluminum monocoque chassis and fiberglass body. The SLC has all of the handling of a race car, but it is street legal and is powered by a modified Volkswagen 1.9-liter TDI diesel engine.

2,400 miles and through eight states

The across the USA drive will start on Sunday the 21st of June. The SLC car will drive across the United States on Interstate 10, the fourth-longest transcontinental highway in the U.S., which is more than 2,400 miles long. It runs through eight states, starting in Atlantic Beach, Florida, and ending on the Pacific Coast in Santa Monica, California.

For more information on Neste's One Tank Across the USA Challenge, please see:

Team video: https://www.youtube.com/watch?v=a6tXnUu03UY
Campaign website: www.neste.us/across 
Facebook: https://www.facebook.com/nesteus

Neste Corporation

Kaisa Lipponen
Director, Corporate Communications

Further information: Tuija Kalpala, Neste US, Inc., +1 (832) 840-4707, tuija.kalpala@neste.com

Neste in brief

Neste is a forerunner in oil refining and renewable solutions. We offer our customers cleaner traffic solutions and industrial products based on cutting-edge research. Our sustainable practices have received recognition in the Dow Jones Sustainability World Index and the Global 100 list of the world's most sustainable companies. In 2014, our revenue amounted to EUR 15 billion. Neste shares are listed on Nasdaq Helsinki. Cleaner traffic, energy and life are moved forward by 5,000 professionals. Learn more at neste.com

About Golden Gate Petroleum

Golden Gate Petroleum was founded in 1946 and is one of the largest petroleum and biofuel distributors in the Western United States. Golden Gate first started distributing alternative fuels in 1996 and became one of the first US distributors for NEXBTL renewable diesel in 2013. For more information please go to ggpetroleum.com.

About CLP Motorsports

CLP Motorsports is the premier, full-service performance facility in Northern California. CLP specializes in road racing, track attack, autocross, and high-performance street cars. Learn more about our services and team of experts at clpmotorsports.com.




This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Neste Oyj via Globenewswire

HUG#1927908

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