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Neste to enable production of up to 500,000 tons of SAF at its Rotterdam facility Neste Press Release | April 29, 2021 Estimated reading time 3 minutes, 49 seconds. Neste, the world’s leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, will modify its existing renewables production capacity in Rotterdam, the Netherlands, to enable production of sustainable aviation fuel (SAF). Currently the refinery produces mainly Neste MY Renewable Diesel. The modifications to the refinery, an investment of approximately EUR 190 million, w...

Neste to enable production of sustainable aviation fuel 4/29/2021 Neste, the world's leading producer of renewable diesel and sustainable aviation fuel produced from waste and residue raw materials, will modify its existing renewables production capacity in Rotterdam, the Netherlands, to enable production of Sustainable Aviation Fuel (SAF). Currently the refinery produces mainly Neste MY Renewable Diesel. The modifications to the refinery, an investment of approximately EUR 190 million, will enable Neste to optionally produce up to 500,000 tons of SAF per annum as part of the existing capacit...

Sign up here for GlobalData's free bi-weekly Covid-19 report on the latest information your industry needs to know. Finnish renewable diesel producer Neste has closed the acquisition of Bunge Loders Croklaan’s refinery plant located in Rotterdam, the Netherlands, for €258m ($310.7m) following regulatory approval. Located next to Neste’s existing biorefinery, Bunge’s refinery plant comprises a pretreatment facility, tank farm, jetties, and has a pipeline connection to Neste’s site. The transition of operations and staff is planned to be implemented in phases. The full pretreament cap...

REFINERY NEWS ROUNDUP: European companies announce more clean fuel projects Finnish refiner and clean fuels producer Neste has identified Rotterdam in the Netherlands as the most likely site for its new “world scale” renewable products refinery, it said March 15. Neste also said a final investment decision for the project will be made either by the end of this year or early in 2022. “Based on the thorough studies and calculations, the overall cost of the investment is significantly lower in Rotterdam. Our decision relies on ensuring our future competitiveness and our renewables growth s...

Neste chooses Rotterdam over Porvoo for billion-euro refinery The majority state-owned firm said building the facility in Rotterdam would be "significantly" cheaper than in Porvoo. Neste said despite the decision Finland was, and continued to be, its research, development and innovation hub. Image: Vesa Moilanen / Lehtikuva Majority state-owned oil company Neste has announced it will look to build a new renewable fuel facility in Rotterdam, saying it would be cheaper to build in the Dutch port city than it would in Porvoo. "Based on the thorough studies and calculations, the overall cost o...