Neste Oil selects contractor

By | March 17, 2008
Neste Oil Corp., a Finnish refining and marketing company, recently announced that it has chosen Paris-based Technip as the engineering, procurement and construction contractor for its next-generation renewable diesel plant in Singapore. The 550 million (US$800 million) plant will use Neste Oil's proprietary NExBTL technology to produce 240 MMgy of renewable diesel from vegetable oils (primarily sustainably produced palm oil) or animal fats. Construction will begin by midyear with completion expected in late 2010. The company's first NExBTL plant was commissioned last summer at Neste Oil's refinery in Porvoo, Finland.
 
 
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