Z Energy and Neste partner up to bring low-carbon fuels to NZ

In News2 MinutesBy NZ Trucking magazineOctober 21, 2021

Z Energy and Neste have announced a collaboration to bring low-carbon fuels to the New Zealand market.

“Z and Neste recognise the opportunity to work together in this endeavour in New Zealand, given complementary skills in different parts of the supply chain,” the companies said in a statement.

The Z and Neste partnership aims to bring the supply of Neste-produced renewable diesel to the New Zealand market over the next few months.

Z general manager transition, Julian Hughes, said that Z is committed to bringing low-carbon solutions to its customers.

“Z has been an early mover and early investor in biofuels because we recognised it as the simplest way to help our customers lower their emissions without having to replace their fleets.

“This is why we invested in a local biodiesel production plant, and despite a pause in local production, continue to supply biodiesel to our most committed commercial customers,” he said.

“Renewable fuels differ from conventional biofuels in that they have the same chemical composition as their fossil counterparts. This enables us to offer higher blends of renewable content in fuels than we could with conventional biofuels, resulting in up to 90%* emissions reduction potential for land transport fuels, and up to 80% emissions reduction potential for aviation fuels.”

Peter Zonneveld, vice president, sales, Neste renewable road transport business unit, said Neste had been looking for capable partners in New Zealand to help market its products and distribute fuels following the New Zealand Government’s announcement of increasing support for biofuels through the Low Emissions Transport Fund.

“Z Energy’s expertise and reach in New Zealand as well as their commitment to decarbonising transport made them the right fit,” he said.

“Together, we will support New Zealand in its emission reduction targets.”