Neste lets contract to expand Rotterdam renewables refinery

July 22, 2022
Neste Corp. has let a contract to Technip Energies NV to deliver a suite of services for Neste’s recently approved plan to expand production capacity of renewable fuels at its refinery on the Port of Rotterdam in Rotterdam, the Netherlands.

Neste Corp. has let a contract to Technip Energies NV to deliver a suite of services for Neste’s recently approved plan to expand production capacity of renewable fuels at its refinery on the Port of Rotterdam in Rotterdam, the Netherlands (OGJ Online, June 28, 2022).

As part of the contract awarded on July 21, Technip Energies will provide engineering, procurement services, and construction management (EPsCm) on the Rotterdam expansion, which will increase the refinery’s overall renewable production capacity by 1.3 million tonnes/year (tpy), the service provider said in a release.

Technip Energies—which valued the new EPsCm agreement at €50-€250 million—said the newly awarded contract follows the service provider’s delivery last year of front-end engineering design (FEED) on the proposed expansion at Rotterdam.

The service provider additionally confirmed it also is participating in Neste’s ongoing €1.4-billion, 1-million tpy expansion of sustainable aviation fuel (SAF) production at its 1.3-million tpy renewable diesel refinery in Singapore (OGJ Online, Mar. 16, 2021).

Scheduled for startup during first-half 2026, the €1.9-billion Rotterdam refinery expansion will boost Neste’s current 1.4-million tpy renewable product capacity at the Port of Rotterdam refinery to 2.7 million tpy, of which 1.2 million tpy will be SAF production, the operator said.

Part of Neste’s execution of its renewables’ growth strategy to remain globally competitive and its commitment to the global energy transition, 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.

Neste said, once in operation, the Rotterdam expansion—together with the Singapore SAF expansion and the company’s pending joint venture with Marathon Petroleum Corp. at Martinez, Calif.— will increase its current 3.3-million tpy global production capacity for renewable fuels to 6.8 million tpy by yearend 2026.