Neste, Itochu Corp. collaborate on 1st delivery of renewable diesel in Japan

Neste and Itochu Corp. have announced that they are joining forces to deliver renewable diesel to the Japanese market. In this collaboration, Itochu will be the first company in Japan to sell and distribute renewable diesel from Neste. In addition, FamilyMart, which is owned by Itochu and is one of the largest convenience store chains in Japan, will start to use renewable diesel in some of the delivery vehicles at its distribution center in Yokohama City. This will be the first time that convenience store delivery vehicles use renewable diesel in Japan.

“We are very excited and pleased to work together with our partner Itochu to develop the Japanese market for Neste renewable diesel, which will contribute to the reduction of greenhouse gas emissions,” said Carl Nyberg, an executive vice president with Neste.

One of Itochu’s basic policies in its medium-term management plan is to “contribute to and strengthen initiatives for the sustainable development goals” and the company will continue the work to introduce renewable diesel in Japan.

FamilyMart established the “FamilyMart Eco Vision 2050” in February 2020. To contribute to the realization of a sustainable society, it has set mid- and long-term goals for 2030 and 2050 to reduce greenhouse gases, plastics and food loss.

In 2020, Neste’s renewable products helped customers in several geographic markets to reduce greenhouse gas emissions by 10 million metric tons. This amount equals the annual carbon footprint of 1.5 million average EU citizens or the removal of 3.7 million passenger cars from the roads for a full year.