Finnish Fuel Provider Neste Opens Office in the Netherlands
Holland will serve as global hub for its growing renewable aviation business
Finnish company Neste, the world’s leading provider of renewable diesel, has opened a new office in Hoofddorp, the Netherlands, which will serve as the global hub for its growing Renewable Aviation business. Neste also announced it is also launching renewable diesel for climate-conscious aircraft fleet customers.
“The opening of our new office in the Netherlands marks an important step in the execution of our growth strategy for renewable aviation globally,” said Neste’s President and CEO Peter Vanacker.
The Netherlands is one of the leading countries for promoting the use of sustainable aviation fuels globally. By concentrating commercial operations of its renewable aviation business in the Amsterdam area, Neste strives to further accelerate business growth and support its strategic aim of becoming the leading partner for the aviation industry in supplying renewable jet fuel globally.
To meet the increasing global demand, Neste has already ramped up the capacity to produce up to 100,000 tons of renewable jet fuel annually. By 2022, Nesté will have the capacity to produce over 1 million tonnes annually.
Neste is now launching Neste MY Renewable Diesel, produced from 100% renewable raw materials, in the Dutch market through various distribution partners. The fuel has been tested in over 1,000 commercial flights and is already being sold and used in the market. It will be available at more than 60 locations throughout the Netherlands by the end of 2019.
“With the use of Neste renewable diesel, our customers can reduce their greenhouse gas emissions by up to 90% compared to fossil diesel,” said Carl Nyberg, Executive Vice President for Neste’s Renewable Road Transportation business unit. “It is a sustainable alternative to fossil diesel and requires no modifications to existing engines or vehicles.”
Netherlands chemicals ecosystem
Neste has been active in the Netherlands chemicals industry since 2011 when its Rotterdam refinery for renewable products started operations. The Rotterdam refinery, together with the company’s Singapore refinery, are the world’s biggest and most advanced renewable diesel refineries. The total production capacity of Neste’s renewable diesel and other renewable products is close to 3 million tonnes and by 2022 will increase close to 4.5 million tonnes annually.
Source: Neste8 October 2019