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Total has signed a memorandum of understanding with
the Finnish oil company, Neste Oil, with the aim of jointly studying how
they might build a production plant for a new generation biodiesel
product, to further satisfy what Total sees as the growing needs of the
diesel market. According to Total, the unit would be based at one of its
refineries in Europe, and would begin production in 2008. Total also
claims to be the European leader in biofuels, which it has promoted in
France for more than ten years: specifically of biodiesel by
incorporating rapeseed methyl esters in its diesel fuels. The tie-up
with Neste Oil is in addition to Total's recent agreement with
Sofiproteol/Diester Industrie on the supply of rapeseed methyl esters.
The biodiesel proposed for the new production plant would be
manufactured using a wide range of vegetable oils and animal greases.
Total says that engine tests conducted by independent laboratories show
that there is a significant improvement in the performance of diesel
fuels containing the new generation biodiesel. It also confirms that
this product 'in association with fatty acid methyl esters, will
contribute to achieving 5.75 per cent of biofuels by 2010, which is the
recommendation of the European Directive 2003/30/EC. 