Nyberg expects these to continue forming a big part of the company's feedstock pool while it develops new solutions such algae from a pilot project in Spain. (Reporting by Florence Tan and Trixie Yap, Editing by Louise Heavens)
(Corrects it is planned capacity not existing production in
paragraph 3)
April 5 (Reuters) - Finnish biofuel producer Neste plans to start commercial production at its renewable
fuels expansion project in Singapore in the coming weeks after
trial runs, a senior company executive said on Wednesday.
Neste plans to inaugurate the 1.3 million tonne-per-year
(tpy) plant next month, executive vice president Carl Nyberg
told Reuters.
The plant will boost Neste's sustainable aviation fuel
capacity by up to 1 million tpy, in addition to a 500,000 tpy
project at their Rotterdam plant, he added.
The Singapore expansion and production from a new joint
venture plant in California with Marathon Oil Corp will
increase Neste's biofuels capacity to reach 5.5 million tpy by
end of 2023, up from 3.3 million tpy, Nyberg said.
Neste produces renewable fuels, mainly from waste and
residues such as used cooking oil and animal fat from food
industry waste.
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