Espoo, Finland, Nov. 23, 2016 (GLOBE NEWSWIRE) -- Neste Corporation Press Release 23 November 2016 at 11:45 pm (EET) Increasing Renewable Fuel Volumes included in US EPA's 2017 renewable volume final rule The Environmental Protection Agency (EPA) in the US published the final ruling covering renewable fuel volume requirements for 2017 under the Renewable Fuel Standard (RFS) program on 23 November 2016. The final rule calls for further increases in the volumes requirements above those in proposed rule published on 18 May 2016 and includes an increased volume requirement for biomass-based diesel for 2018. The EPA ruling provides for increases across all types of biofuels. For 2017, the EPA sets volume requirements of 4.28bn gallons (up from 3.61bn gallons in 2016) for advanced biofuels and 19.28bn gallons (up from 18.11bn gallons in 2016) for all renewable fuels. In addition for 2018, the Agency sets the volume requirement for biomass-based diesel to 2.1bn gallons (up from 2.0bn gallons). The proposal is available on the EPA's website. "We appreciate the EPA's commitment to increasing renewable fuel volume requirements. Determination and bold decisions are required to reduce carbon emissions and meet the ambitious targets set in the Paris Climate agreement," says Kaisa Hietala, Executive Vice President of Neste's Renewable Products business area. " Neste Renewable Diesel is an ideal low-carbon fuel to meet the US renewable fuel standards, as it is fully compatible with existing diesel engines and fuel distribution systems. Neste is active in the US market and our renewable diesel has been very well received, especially in California," continues Hietala.