Global Biofuels Summit,

22-23 Oct, 2019 - Singapore, SINGAPORE

Novotel Singapore Clarke Quay

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  • Industry Partner
    www.ippfpowerasia.com
  • Industry Partner
    www.worldbioenergy.org
  • Promotion Partner
    www.greenjournal.co.uk
  • Promotion Partner
    www.eco-business.com
  • Promotion Partner
    www.greenmatch.co.uk/heat-pump/ground-source-heat-pump
  • Promotion Partner
    www.energybss.com
  • Promotion Partner
    www.biofpr.com
  • Promotion Partner
    www.greenea.com
  • Promotion Partner
    www.greenchemical.jp
  • Promotion Partner
    www.worldoils.com
  • Promotion Partner
    industrialreview.co.za
  • Promotion Partner
    www.southasianmonitor.com
  • Promotion Partner
    www.petrolplaza.com
  • Promotion Partner
    www.rim-intelligence.co.jp
  • Promotion Partner
    www.asiabiotech.com

News Feed

Neste invests €1.4 billion in Singapore biorefinery expansion

Posted on : 14 Oct, 2019

 
Finland’s biofuel producer and oil refiner is expanding its Singapore biorefinery by investing €1.4 billion.
 
The expansion will increase renewable fuel output by up to 1.3 million tonnes per year (tpy) from the current 1 million tpy – making it Neste’s single biggest investment to date.
 
The expansion is expected to be completed in 2022.
 
The plant also has a capacity to produce up to 1 million tpy of renewable jet fuel as well as raw materials for various polymers and chemicals.
 
Currently, Neste ships more than 50 per cent of its global production to Europe and a major chunk of the rest to North America. However, the refiner is keen to grow its market in Asia. The company is also beginning a company in Shanghai to source waste residues for export to Singapore.
 
Neste has signed 15 MoUs with leading airlines and airports. This year, it has collaborated with Air BP to deliver sustainable aviation fuel to airline and airport customers in Sweden.
 
At CMT’s Global Biofuels Summit on 22-23 October, 2019 in Singapore, hear from Adrian Suharto, Head of Sustainability Asia, Neste on its ‘Sustainable Production Focusing on Circular Economy’. In addition, join a Site Visit to Neste Singapore biorefinery after the main conference.

Check program for details>>>
 
For further information, contact Huiyan at huiyan@cmtsp.com.sg or call +65 6346 9113.