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Published by
Pippa Luck,
Editorial assistant

Hydrocarbon technology,
Wednesday 3 March 2021 09:00

On 3 November 2020, Neste announced that it would take over the Bunge Loders Croklaan refinery in Rotterdam, the Netherlands.The refinery is located next to the existing Neste biorefinery and consists of a pre-treatment plant, a tank farm, piers and a pipeline connection to the Neste site The acquisition was approved by regulators and the transaction was closed on Jan. Completed March 2021 The transition of operations and employees will be carried out in phases in which the full and modified pretreatment capacity of the refinery plant will be available for processing the raw material from Neste by the end of 2024

“The completion of this acquisition is an important step forward in implementing Neste’s global renewable energy growth strategy. This will allow us to accelerate the expansion of our renewable raw material pretreatment capacity This is an important driver for expanding the use of waste and residue raw materials and increasing our flexibility in raw materials.We are striving to increase the proportion of waste and residues to 100% of Neste’s total use of renewable raw materials by 2025 at the latest and to expand our production platform expand to help customers reduce greenhouse gas emissions by $ 20 million annually through 2030 t, “said Neste President and CEO Peter Vanacker

In order to meet the growing demand for renewable diesel, sustainable aviation fuel and raw materials for polymers and chemicals, Neste is focusing on building a global raw material and production platform for renewable energy Expand2 to 45 million t in the first quarter of 23, of which the expansion of the Singapore plant will deliver 1 3 million t The now acquired refinery offers additional pre-treatment capacities and terminal infrastructures for the increasingly complex waste and residue raw materials and supports the further growth of the production capacity after 2023

Neste has been active in the Netherlands since 2011 when the renewable products plant in Rotterdam started operations. Neste’s Sluiskil plant is responsible for the storage and pre-treatment of renewable raw materials, and Neste Demeter BV. supplies raw materials to the company’s renewable products plant In 2020, Neste also acquired a terminal in Rotterdam for the storage, pre-treatment and blending of renewable waste and residue-based raw materials.In 2019, Neste opened a new office in Hoofddorp, in the greater Amsterdam area, as a global hub Neste MY Renewable Diesel ™, made from renewable raw materials, is currently available at more than 100 points of sale across the country

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Neste

Weltnachrichten – FI – Neste completes the takeover of the Bunge refinery

Source: https://www.hydrocarbonengineering.com/refining/03032021/neste-completes-acquisition-of-bunges-refinery-plant/