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    NESTE   FI0009013296

NESTE OYJ

(NESTE)
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Neste Oyj : The Finnish Ham Trick sets a new record despite an exceptional year – as many as 240,000 households recycled Christmas cooking waste fats to Neste MY Renewable Diesel

02/12/2021 | 03:50am EDT
The Ham Trick (Kinkkutemppu in Finnish), a campaign demonstrating circular economy, has once again reached a record result by getting 240,000 Finnish households to recycle Christmas cooking waste fats. Now, for the fifth time, over 40,000 more households participated in the campaign than in the previous year in 2019. The number of participants in the collection has grown every year, and despite an exceptional year, the campaign once again collected a record result. The good result was partly due to the increased network of collection points, which included almost 350 collection points this year.

"It is great to see how more and more Finnish households are participating in the Ham Trick every year. This is an indication that Finns are adopting the circular economy and waste recycling in their daily lives. Thanks to all the partners and households who took part in the campaign and made the Ham Trick a success once again," says Lars Peter Lindfors, Senior Vice President, Innovation at Neste.

Neste uses the waste fats to produce Neste MY Renewable Diesel™, which enables greenhouse gas emission reduction by up to 90%* compared to fossil diesel over the fuel's life cycle. The amount of waste fats collected through the Ham Trick was slightly lower this year compared to last year. Therefore, the amount of renewable diesel produced through the Ham Trick is enough to drive a car around the world by up to 17 times.

The most surprising change in the 2020 Ham Trick compared to previous year was the difference in the amount of fat collected. A year ago, nearly 60 tons of fat was collected by almost 200,000 participants, while this year 240,000 participants collected 55 tons. There can be many reasons for the lower amount of collected fat, one of which may be the sizes of modern hams. According to Lihatiedotus, small and boneless hams are becoming more popular every year. The effects of the corona pandemic on Christmas celebrations may also have affected the amount of fat collected - instead of big family celebrations, many people spent Christmas in a small circle, which also resulted in less fat per household.
*) The method used to calculate life cycle emissions and emission reduction complies with the EU Renewable Energy Directive (2009/28/EC).

Further information: Please contact Neste's media service, tel. +358 50 458 5076 / media@neste.com (weekdays from 8:30 a.m. to 4:00 p.m. (EET)).

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates solutions for combating climate change and accelerating a shift to a circular economy. We refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. We are the world's leading producer of renewable diesel and sustainable aviation fuel, developing chemical recycling to combat the plastic waste challenge. We aim at helping customers to reduce greenhouse gas emissions with our renewable and circular solutions by at least 20 million tons annually by 2030. As a technologically advanced refiner of high-quality oil products with a commitment to reach carbon-neutral production by 2035, we are also introducing renewable and recycled raw materials such as waste plastic as refinery raw materials. We have consistently been included in the Dow Jones Sustainability Indices and the Global 100 list of the world's most sustainable companies. In 2020, Neste's revenue stood at EUR 11.8 billion, with 94% of the company's comparable operating profit coming from renewable products. Read more: neste.com

Ham Trick in brief

The Ham Trick is a cooperative project initiated by the Chemical Industry Federation, with the aim of familiarizing consumers with the principles of circular economy in a very concrete way. Consumers were asked to return the excess waste fats from Christmas cooking to recycling points, from which Neste MY Renewable Diesel was refined. The goal of the campaign was to involve 250,000 Finnish households. In addition to the Chemical Industry Federation, the other organizations behind the campaign are Neste, Lassila & Tikanoja, Honkajoki, Kemian pooli, Kesko Corporation, Finnish Packaging Recycling RINKI, Atria, HKScan, Snellman, the Rural Women's Advisory Organization, the federation of garbage disposal plants Kiertovoima KIVO and municipal garbage disposal plants, the Association of Finnish Local and Regional Authorities, the Finnish Water Utilities Association FIWA and Finnish Environmental Industries YTP.

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Disclaimer

Neste Oyj published this content on 12 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 12 February 2021 08:49:08 UTC.


© Publicnow 2021
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Jyrki Mikael Mäki-Kala CFO, Head-Information Technology & Strategy
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