Neste to provide aviation biofuel for EU project

Finland's Neste Oil is to provide aviation biofuel for an EU-funded project aimed at expanding the commercial development and use of such fuels across the European aviation sector.

Supported by an industry-wide consortium of commercial airlines, aircraft manufacturers and fuel companies, the 36-month Itaki project has received approximately €10mn in funding from the EU's seventh framework programme for research and development.

As part of the project, Neste will produce 4,000t of aviation biofuels, with the majority sourced from Spanish camelina oil and used cooking oil in accordance with sustainability standards mandated under the EU Renewable Energy Directive (RED) certification system.

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