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Home >> Business
UPDATED: 08:32, April 04, 2006
Neste Oil to launch 98-octane biogasoline in Finland
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Finland's Neste Oil Corporation will start retail sales of a gasoline containing a biocomponent in Finland on 10 April, the company said in a press release on Monday.

Neste Oil's new Futura 98 biogasoline will contain 2 percent to 5 percent of a biocomponent, which will be either ethanol or ethanol-based ETBE, the press release said.

Futura 98 biogasoline can be used in all gasoline engines. Fuel consumption, engine output, and other aspects of performance are all unaffected, it said.

The addition of a biocomponent will not affect color or odor either. Emissions of carbon dioxide will be lower as a result of the addition of a biocomponent.

The launch of Futura 98 biogasoline in Finland is in line with Neste Oil's strategy of focusing on high-quality fuels for cleaner traffic, and which is reflected in a number of the company's operations, including development work on new biofuels.

"We believe that a significant proportion of traffic fuels will be produced from renewables or alternative raw materials in 20 years from now," says Neste Oil's Executive Vice President, Kimmo Rahkamo.

"We're actively involved in these developments and are pioneering a number of technologies. We want to ensure that the biogasoline and biodiesel available to Finnish motorists is of the highest quality, and that their use will not require any modifications to vehicles or fuel distribution systems."

Source: Xinhua

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