Neste Oil Oyj : Neste Oil again voted one of the ‘hottest’ names in bioenergy

10.01.2012 Biofuels Digest, one of the leading online news titles in the bioenergy field, recently reviewed the world's 'hottest' companies in the industry and ranked Neste Oil in the 25th spot for 2011-2012 at the end of December last year. This was a step up, as Neste Oil had previously been ranked 29th. Biofuels Digest also publishes a list of the Top 100 People in bioenergy and ranked Neste Oil's President & CEO, Matti Lievonen, 8th in the industry, based on votes cast by Biofuels Digest readers and the magazine's Editorial Board. Biofuel Digest says that Neste Oil's good ranking is based on our leading global role as a producer of renewable diesel, with capacity rising to 2 million t/a last year. Neste Oil's major achievements in the bioenergy field have been somewhat overshadowed in the public eye by concerns about the use of palm oil as a raw material for producing renewable diesel, however, according to Biofuels Digest. The magazine's readers nevertheless wanted to recognize what Neste Oil has achieved in the renewable fuels industry and the completion of the company's massive investment program in renewables. "Being ranked as one of the leading players in the bioenergy field is an excellent achievement for us," says Hanna Maula, Neste Oil's Director, Corporate Communications. "It also recognizes the work that Neste Oil has done in the field and the fact that the major investments that we have made in premium-quality renewable diesel capacity have not gone unnoticed in the industry. Our position as a pioneer in the field was further strengthened in 2011 when our NExBTL renewable aviation fuel began to be used on regular scheduled flights in Europe. Neste Oil is one of the few companies worldwide capable of producing renewable aviation fuel on a commercial scale today." A total of 37 companies on the Biofuels Digest list come from the US and 13 from elsewhere. The magazine's ranking was based on votes cast by a 100-person international panel (60%) and over 130,000 votes cast by readers of the online editions of Biofuels Digest and Renewable Chemicals Digest (40%). Innovations and achievements in developing bioenergy production played a major role in deciding how people ranked the over 1,000 companies involved. Further information: Hanna Maula, Director, Corporate Communications, tel. [phone] See for more on the results.