Neste Corp. is moving forward with its previously proposed expansion of the operator’s renewable fuels production platform in Rotterdam, the Netherlands (OGJ Online, May 3, 2021).
The €1.9-billion refinery expansion, for which Neste reached final investment decision (FID) on June 27, will increase Neste’s current 1.4-million tonnes/year (tpy) renewable product capacity at its Port of Rotterdam refinery by 1.3 million tpy to 2.7 million tpy, of which 1.2 million tpy will be sustainable aviation fuel (SAF) production, the company said.
Part of the operator’s execution of its renewables’ growth strategy to remain globally competitive, the Rotterdam expansion will include implementation of Neste’s proprietary NEXBTL technology to enable flexible refining of a wide range of lower-quality renewable waste and residues into finished renewable diesel, SAF, as well as renewable feedstock for polymers and chemicals, said Matti Lehmus, Neste’s chief executive officer and president.
Scheduled for startup during first-half 2026, Neste said the Rotterdam expansion—together with the company’s ongoing €1.4-billion, 1-million tpy SAF expansion at its 1.3-million tpy renewable diesel refinery in Singapore, as well as its pending joint venture with Marathon Petroleum Corp. at Martinez, Calif.—by yearend 2023 will enable Neste to produce 5.5 million tpy of renewable products (OGJ Online, Mar. 7, 2022).