Singapore – The world’s largest renewable diesel plant has started up in Singapore, with its main markets in North America and Europe. Operated by Neste Oil, the plant produces NExBTL renewable diesel and will ramp up on a phased basis.
The plant was completed on schedule and on budget, and the company said it marks a major step forward in Neste Oil’s clean traffic fuel strategy.
“We are very proud of the new plant and the NExBTL technology behind it, which is based on our in-house R&D,” said president and CEO Matti Lievnonen. “NExBTL represents a major Finnish innovation in the field of renewable fuels and we believe that it has excellent potential in the global marketplace. The benefits of NExBTL renewable diesel have been confirmed in numerous trials and everyday use, and the feedback that we have received from users has been excellent.”
NExBTL is compatible with all diesel engines and existing fuel distribution and enables a 40 to 80 per cent reduction in greenhouse gas emissions compared to fossil diesel. Neste Oil has a similar-sized facility under construction in Rotterdam, which is due to be commissioned in the first half of 2011. The company already operates two renewable diesel plants in Finland.