PRESS RELEASE
NEUTRAL FUELS AND PETRO INDUSTRIAL IN GLOBAL AGREEMENT TO OFFER BUNDLED BIODIESEL
OPTIONS
2 April 2014 – Melbourne – Neutral Fuels, which has proven the success of biodiesel-from-waste-oil in
its initial rollout of biorefineries for McDonald’s APMEA, has signed a global agreement with Petro
Industrial to offer customers a bundled solution that comprises biodiesel plus tank, sited on the
customer’s premises. A full maintenance package will also be available.
Biodiesel options are B20, which is a blend of 20% pure biodiesel and 80% fossil diesel, and B100, which
is 100% pure biodiesel.
Petro Industrial already supplies its steel dispensing tanks and pumping equipment to Neutral Fuels
customers Del Monte, Coca Cola and others in Dubai and Melbourne.
Karl Feilder, Chairman and CEO of Neutral Fuels, said two interesting circumstances were converging
right now that made biodiesel increasingly attractive to operators of vehicle fleets. “While the
petrochemical industry is going through austerity drives, profit warnings and looming price hikes, the big
vehicle manufacturers have started offering warranties on brand new vehicles that use B20. Biodiesel is
still the only renewable transport fuel option that can be commercially deployed today.”
Feilder said that while there were many excellent reasons to use biodiesel, the most compelling would
always be financial. “Biodiesel isn’t at the mercy of nature and massive cartels as petrochemicals are.
Biodiesel is not just about cleaning up the environment. It offers predictable and stable pricing unheard
of in the petrochemical industry, plus operating cost reductions through extended engine life and
reduced maintenance.”
While B100 reduces carbon footprint by 80% on a lifecycle basis, Neutral Fuels sees B20 as a way for
fleet managers to test the viability of biodiesel for themselves, starting slowly and building up to 100%
biodiesel (B100). “Having your own tank is a great option for companies that run small to mid-sized
vehicle fleets,” said Feilder.
Paul Morgan, co-founder of Petro Industrial, said the two companies had agreed to work together to
commercialise their knowledge and understanding of city scale biodiesel production equipment. “We
make the equipment, Neutral Fuels uses it. With our combined experience we should be able to
optimise biorefinery construction and processes.”
Petro Industrial’s tanks come in a range of capacities and various set-ups will be available to rent or buy
with a choice of dispensing options.
FOR MORE INFORMATION
Karl W Feilder, +971 501 886 508, kwf@theneutralgroup.com
Shirley Fairall, +27 72 887 2986, shirley@neutralfuels.com
Paul Morgan, 0488 214 514, paulm@petroindustrial.com.au
Graham Barlow, +61 (0) 7 3204 9463, graham@etchedcreative.com.au
About Neutral Fuels
Neutral Fuels owns and manages biorefineries that convert used cooking oil into biodiesel, the modern,
sustainable replacement for fossil diesel. On a lifecycle basis, biodiesel produces approximately 80% less carbon
dioxide, one of the major contributors to climate change, and is the only renewable transport fuel option that can
be commercially deployed today.
Neutral Fuels is a member of The Neutral Group, the international cleantech organization founded in 2006 to build
sustainability strategies for the logistics, energy and hospitality industries and to execute significant reductions in
energy spend and CO2 emissions. Neutral Fuels is headquartered in Dubai for easy access to the APMEA region,
with offices in Australia, China, Hong Kong and Singapore.
CEO and founder, Karl W Feilder, won the Asian Sustainability Leadership Award in September 2012 and was
awarded Innovator of the Year 2011 by LOG Magazine for his work in pioneering energy and carbon savings in the
Middle East. Visit www.neutralfuels.com.
About PETRO Industrial
PETRO Industrial is a leading manufacturer, marketer and supplier of commercial refuelling and lubrication storage
and dispensing equipment globally. PETRO Industrial has branches throughout Australia, United Arab Emirates,
South Africa, Canada and Thailand.
PETRO manufactures and markets an extensive range of containerised self bunded tanks suitable for the storage
and dispensing of diesel, petrol (gasoline), aviation fuels, lubricants, diesel exhaust fluid (def), and waste oil. Our
Liquitainer, HT Series and T Series self bunded tanks range in size from 12,000L through to 110,000L. PETRO Cubes
are an innovative range of self bunded, baffled tanks suitable for the storage and transport of a wide range of fuel,
lubricants and waste products.
PETRO is also a major supplier of pumps, filters, meters, hose, nozzles, electronic fluids management system and
automatic tank gauging systems. The PETRO Industrial team brings an enormous amount of knowledge and
experience to the market. Visit www.petroind.com.