Globe Newswire 6-Dec-2018 12:36 PM
Katowice, 6 December 2018
BioLNG EuroNet today announced a commitment to the further expansion of LNG (liquefied natural gas) as a road transport fuel across Europe with new infrastructure that should ensure the long-term success and mass scale adoption in Europe.
The consortium, comprising IVECO, CNH Industrial Capital Europe under the trademark of IVECO Capital, Shell, DISA, Scania and Nordsol will each deliver separate activities that will see 2,000 more LNG trucks on the road, 39 LNG fuelling stations and the construction of a BioLNG production plant in the Netherlands.
The LNG Retail stations will form part of a pan-European network and be built in Belgium, France, Germany the Netherlands, Poland and Spain. The stations will be located approximately every 400 km along core road network corridors from Spain to eastern Poland.
Pierre Lahutte, IVECO Brand President, said: "This project opens the possibility for a seamless transition to a circular economy approach based on generating energy from waste. This makes even negative GHG emissions and carbon sequestration possible. The project's funding will enable us to help our customers convert their fleets to LNG through competitive IVECO Capital finance & leasing plans, increasing the number of natural gas vehicles on European roads and making progress towards a sustainable transport industry."
The BioLNG facility will produce 3000 MT/year of BioLNG and will use biogas produced from organic waste. This will be sold to end-users via the LNG network. BioLNG EuroNet has an aspiration to rollout the expansion of LNG as a road transport fuel across Europe even further in the future.
About the project:
IVECO is a brand of CNH Industrial N.V., a World leader in Capital Goods listed on the New York Stock Exchange (NYSE:CNHI) and on the Mercato Telematico Azionario of the Borsa Italiana (MI: CNHI). IVECO designs, manufactures and markets a wide range of light, medium and heavy commercial vehicles, off-road trucks, and vehicles for applications such as off-road missions.
The brand's wide range of products include the Daily, a vehicle that covers the 3.3 – 7.2 ton vehicle weight segment, the Eurocargo from 6 – 19 tons, the Trakker (dedicated to off-road missions) and the Stralis, both over 16 tons. In addition, the IVECO Astra brand builds off-road trucks, rigid and articulated dumpers as well as special vehicles.
IVECO employs close to 21,000 individuals globally. It manages production sites in 7 countries throughout Europe, Asia, Africa, Oceania and Latin America where it produces vehicles featuring the latest advanced technologies. 4,200 sales and service outlets in over 160 countries guarantee technical support wherever an IVECO vehicle is at work.
For further information, please contact:
|IVECO Press Office – EMEA Region
Tel. +39 011 00 72965
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