About Neste Oil:
Neste Oil Corporation is a refining and marketing company concentrating on low-emission, high-quality traffic fuels. The company produces a comprehensive range of major petroleum products and is the world's leading supplier of renewable diesel. Neste Oil had net sales of EUR 17.5 billion in 2013 and employs around 5,000 people, and is listed on NASDAQ OMX Helsinki.
Neste Oil is included in the Dow Jones Sustainability World Index and the Ethibel Pioneer Investment Register, and has featured in The Global 100 list of the world's most sustainable corporations for many years. Forest Footprint Disclosure (FFD) has ranked Neste Oil as one of the best performers in the oil & gas sector. Further information: www.nesteoil.com
Inbicon A/S develops technology for conversion and refining of soft ligno-cellulosic biomass into fuel, feed, and biochemical. The company has operated a pilot plant since 2003, and in December 2009 the first Inbicon Biomass Refinery was inaugurated in Kalundborg, Denmark, to demonstrate the technology. The plant converts wheat straw into fuel grade ethanol, animal feed, and lignin pellets for energy production. Inbicon is a subsidiary of DONG Energy.
What are 1G and 2G?
1. First-generation bioethanol (1G) is made from starch and sugary commodities such as grain, eg wheat and maize, sugar beet and sugar cane. These are commodities which initially need to be grown in fields and, therefore, require energy consumption. CO2 emissions are reduced by between 35 and 90%. The greatest reductions are to be gained when ethanol is extracted from sugar cane in South America.
2. Second-generation bioethanol (2G) is made from commodities with dry matter content, such as straw, wood and organic waste from agriculture, industry and households. The advantage of 2G compared to 1G bioethanol is that no energy is required to produce these waste and bi-products and they are not potential foodstuffs. CO2 emissions are reduced by between 70 and 90%.
DONG Energy only participates in the production of second-generation bioethanol.