Neste to enable production of 500,000 tpa of SAF at Rotterdam renewable refinery
Neste will modify its existing renewable energy production capacity in Rotterdam, the Netherlands, to enable the production of sustainable aviation fuel (SAF). Currently, the refinery mainly produces Neste MY Renewable Diesel ™. The modifications to the refinery, an investment of around 190 million euros, will allow Neste to potentially produce up to 500,000 tpa of SAF within existing capacity.
Neste expects the project to be completed in the second half of 2023. This expands Neste’s growing footprint in the Netherlands and demonstrates the shared sustainability ambitions of Neste, the Dutch government and the Port of Rotterdam in particular. . Along with the ongoing expansion of the company’s Singapore refinery, Neste will have the capacity to produce 1.5 million tonnes of sustainable aviation fuel by the end of 2023. Currently, the annual production capacity of Neste’s sustainable aviation fuel is 100,000 tons. Neste MY Sustainable Aviation Fuel ™, in its own form and throughout its life cycle, reduces greenhouse gas emissions by up to 80% * compared to fossil jet fuel.
“This SAF investment in Rotterdam is another important step for Neste in the execution of our growth strategy: to become a world leader in renewable and circular solutions. We are committed to helping our customers reduce greenhouse gas emissions by at least 20 million tonnes by 2030. And as the aviation industry is likely to resume a growth trajectory after its recovery from the COVID-19 pandemic, there is a growing need and urgency to act on aviation-related emissions. Here, sustainable aviation fuels offer tremendous potential, ” says Peter Vanacker, President and CEO of Neste.
“Aviation is at a turning point towards a more sustainable future,” said Thorsten Lange, executive vice president Renewable Aviation at Neste. “This extension of our SAF production capacity will support the efforts of the aviation industry to reduce its greenhouse gas emissions and climate impact in the years to come. We are happy to be ready to respond to the growing demand for SAF, also motivated by the European Union’s climate ambitions which will soon translate into a proposal for binding legislation across Europe, in particular due to the role of leading Netherlands in this field. The use of SAF allows an immediate reduction in greenhouse gas emissions. It also reduces non-CO2 impacts, which account for a large portion of the total climate effects of aviation emissions. And it is already available today. “
Read the article online at: https://www.hydrocarbonengineering.com/the-environment/30042021/neste-to-enable-production-of-500-000-tpy-of-saf-at-rotterdam-renewable- refinery products /