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ABOUT NESTE:
Neste creates solutions for combating climate change and accelerating a shift to a circular economy. They refine waste, residues and innovative raw materials into renewable fuels and sustainable feedstock for plastics and other materials. They are the world’s leading producer of sustainable aviation fuel and renewable diesel and developing chemical recycling to combat the plastic waste challenge. They aim to help customers reduce their greenhouse gas emissions with renewable and circular solutions by at least 20 million tons annually by 2030 and are introducing renewable and recycled raw materials such as liquefied waste plastic as refinery raw materials.
PROGRAMME:
1.45 pm Arrival
2.00 pm Introduction to Neste and its renewable polymers & chemicals business unit
2.30 pm Site walk-around to NEXBTL unit, feedstock storage tanks and expanded site
3.15 pm Photo taking at the viewing deck
3.30 pm End of the site visit
POST-EVENT:
On 14th September, EuroCham’s recently renamed Circular Economy Committee (previously Packaging Committee) organised a site-visit to Neste’s Singapore Refinery.
We would like to thank our hosts Ms Tan Jia Hui 陈佳慧, Mr Kenneth Lim and Mr Christianto Renata for sharing Neste’s history and future sustainability plans for replacing fossil oil with renewable and recycled raw materials to help reduce crude oil dependency, greenhouse gas emissions and combat climate change.
We had the great opportunity to catch a glimpse of their expansion site, completed in April 2023, bringing production capacity up to 1.3 million tons annually. Singapore’s refinery produces renewable diesel, renewable feedstock for polymer and chemicals and sustainable aviation fuel using proprietary NEXBTL™ technology. The majority of raw materials used for production come from wastes and residues such as used cooking oil and waste animal fat. They have also pledged to reduce the share of conventional palm oil to zero of its global renewable raw material inputs by the end of 2023.
Thank you to all who joined us and made this event a successful one!