Neste is the global leader in the renewable diesel market. Over the past few years, the company has increased its renewable diesel production capacity to 2.6 million tons annually. Our target is to increase our renewables capacity further to 3 million tons by 2020.
Our flagship product Neste MY Renewable Diesel™ helps cut carbon emissions by up to 90% compared to conventional diesel. In 2016, our low-carbon products helped our customers to cut their carbon emissions by 6.7 million tons. Our aim is that in 2017 our low-carbon products help our customers reduce their carbon footprint altogether by 7 million tons, and in 2020 by 9 million tons.
Neste is committed to developing significant business also from outside road transportation markets. We see great potential in many new renewable product applications, such as renewable jet fuel and bio-based chemicals. Neste introduced a Green Hub concept to promote renewable jet fuel use through airport partnerships, and the first partnership was announced with the Geneva Airport. Following a successful production trial, we also aim to make the first commercial delivery of bio-based plastics during the first half of 2018. Additionally, the biopropane unit at our Rotterdam refinery is getting ready for the first product deliveries.
Climate change is a global challenge, and responding to it calls for a number of parallel approaches. The Climate Leadership Coalition is an important channel through which Finnish companies and organizations can advance cooperation to combat climate change and to develop new business opportunities. Neste supports the activities and goals of the CLC.