Oil company ‘on board’ with rosehip oil change
Firestone Oil has signed up with Rosehip Oil to reduce its emissions of SOx, an important fuel used in vehicles.
The company has been lobbying the government to bring back the oil to India and has lobbied for a ban on petrol and diesel in India, said Rajan Singh, CEO of Firestone.
The Rosehip oil and diesel blend is produced by Indian firm Lajpat Oil, which produces rosehip oils for automotive, aerospace and medical products.
“Our focus is to be a low-emission fuel for the future and to reduce our CO2 emissions, and to continue to make investments to develop and improve our plant, which we expect will have a significant impact on our business,” Singh said in a statement.
“We are looking forward to the opportunity to bring our products to India,” he added.
The change will reduce the amount of SOX that is emitted per barrel of oil in the next two to three years.
Firestone Oil and RosehipOil are the only two large oil companies in India that have signed up to the alliance.
The partnership comes as the Indian government seeks to reduce emissions by 2030.