Neste plans to increase its production capacity in Singapore and launches online platform about sustainable aviation solutions
Type of post: NEWS IN BRIEF.
We shall begin the year by catching up with some news in brief of the last month. First of all, two announcements from Neste. Currently, the Finnish company is the world's largest producer of renewable diesel with a capacity of 2.6 million tons (1 million in Singapore, 1 million in Rotterdam and the rest in Finland; see Hydrotreated Vegetable Oils (HVO) Biorefineries – The rise of renewable diesel for more information). By eliminating bottlenecks, this total capacity will be increased to 3 million tons by 2020. In addition to producing renewable diesel, the biorefineries are able to produce renewable aviation fuel and raw materials for various biochemical uses.
We shall begin the year by catching up with some news in brief of the last month. First of all, two announcements from Neste. Currently, the Finnish company is the world's largest producer of renewable diesel with a capacity of 2.6 million tons (1 million in Singapore, 1 million in Rotterdam and the rest in Finland; see Hydrotreated Vegetable Oils (HVO) Biorefineries – The rise of renewable diesel for more information). By eliminating bottlenecks, this total capacity will be increased to 3 million tons by 2020. In addition to producing renewable diesel, the biorefineries are able to produce renewable aviation fuel and raw materials for various biochemical uses.
Neste has decided to extend its current
capacity in the Singapore biorefinery by 1 million tons with a new production
line (press
release, 12/12/2017). The growth project includes an enhanced pretreatment
unit in preparation for the use of increasingly poor-quality waste materials. There
were two equally good locations for the new production line: United States and
Singapore. Based on an overall assessment, the balance was more in favour of the
Asian country. The current decision initiates technical design of the line,
with the aim of a final investment decision by the end of 2018. If the project
proceeds as planned, production will begin by 2022.
Figure 1. Cover of Decarbonizingaviation.com, the new online platform launched by Neste
Some days later, Neste announced the launching
of an online platform for all aviation stakeholders who are working for the
goal of carbon neutral growth: Decarbonizingaviation.com
(press
release, 21/12/2017). Renewable jet fuel is one of Neste's growth areas and
it is helping airports and other sector stakeholders to take advantage of
sustainable low-carbon fuels in their operations. The site features videos,
blogs, articles and news across hot topics in the decarbonization of aviation
debate.