Neste opens global renewable aviation business hub in the Netherlands
Finland-headed oil refiner and renewable fuels producer Neste Oyj continues its "establishment tour" by opening a new office in Hoofddorp, in greater Amsterdam, the Netherlands, which will serve as the global hub for the growing Renewable Aviation business. It will also support the company's launch of its Neste MY Renewable Diesel in the Netherlands to climate-conscious fleet customers.
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.
The Renewable Aviation unit will be headed by Thorsten Lange, who will join Neste at latest in February 2020, as Executive Vice President and Member of Neste Executive Committee. To meet the increasing global demand, Neste has already ramped up the capacity to produce up to 100 000 tonnes of renewable jet fuel annually. By 2022, Neste will have the capacity to produce over 1 million tonnes annually.
Launches Neste MY Renewable Diesel in the Netherlands
Neste is now launching Neste MY Renewable Diesel, produced from 100 percent renewable raw materials, in the Dutch market through distribution partners Future Fuels Wholesale B.V., EG Retail (Netherlands) B.V, a member of the EG Group, Calpam SMD Olie B.V. and Tamoil Nederland B.V. The high-quality product will be available at more than 60 locations throughout the country by the end of 2019.
Besides the Netherlands, Neste MY Renewable Diesel is available for customers in the United States in California and Oregon, Finland, Sweden, Latvia, and Lithuania.
Growing presence in the Netherlands
Neste has been active in the Netherlands since 2011 when the Rotterdam refinery for renewable products started its operations. Since then the company has expanded its feedstock sourcing capacities in the Netherlands with acquisitions.
The Rotterdam refinery, together with the company’s Singapore refinery, is considered 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 once the expansion at the Singapore refinery is completed.