21st Austria weekly - Austrian Post (10/07/2024)

Austrian Post: Austrian Post: has completed the conversion of its truck fleet from diesel to hydrotreated vegetable oils (HVO). HVO is a renewable fuel produced from waste, fats, vegetable residues and vegetable oils. Compared to fossil diesel, up to 90 percent of CO2 emissions can be saved over the product life cycle, according to the manufacturer. The trucks are on the road on daily postal routes between logistics centres, delivery bases, post offices and postal partners throughout Austria and transport parcels, letters, brochures, newspapers and magazines.
 “With HVO, we can already massively reduce our emissions today. With an annual consumption of around six million litres of diesel, we will save several thousand tons of CO2 through the conversion. We see HVO as a bridging technology that we will use to reduce our emissions until alternative truck drives such as hydrogen or e-fuels are ready for the market and economically viable,” says Peter Umundum, Member of the Management Board for Parcel & Logistics, Österreichische Post AG.
Österreichische Post: weekly performance: 1.67%

(From the 21st Austria weekly https://www.boerse-social.com/21staustria (10/07/2024)

Christian Drastil: Wiener Börse Plausch

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1. 21st Austria Weekly

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