Neste Oil's Most Impressive Feat Yet

Neste Oil is done with renewable diesel, and that’s not a bad thing. As the final component of a €1.5 billion investment program, the company has completed the program with the startup of its four renewable diesel plants. The final plant, located in Rotterdam, Netherlands, has an initial capacity of 800,000 tons per year but will eventually increase to 2 million tons per year. The Rotterdam facility will be the largest renewable diesel refinery in the world, and the others—one in Singapore and two in Finland—aren’t far behind. All of the plants are feedstock flexible, capable of using any vegetable or waste oil in the hydrotreating process.

Matti Lievonen, Neste Oil’s president and CEO, says the Rotterdam facility will help his company meet Europe’s demand, “the world’s largest,” for renewable diesel. The final plant has already put 150 people to work, the company says, and every gallon of fuel produced at the facility will reduce greenhouse gas emission by 40 to 80 percent compared to fossil fuels.

With four renewable diesel plants up and running, there is no denying Neste Oil is the world leader, but there might even be something more impressive about Neste Oil than its global position in renewable diesel production. According to the company, “The plant [in Rotterdam] was completed on-schedule and on-budget.”

Neste Oil's Most Impressive Feat Yet

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