Neste has reached a final investment decision (FID) for a €1.9bn refinery expansion project in the Port of Rotterdam, Netherlands. The company expects to increase its facility’s renewable production from 1.4 million tons per annum (mtpa) to 2.7mtpa.
The company has stated that the refinery’s production of sustainable aviation fuel (SAF) will alone account for 1.2mtpa.
The new unit will be operational in the first half of 2026, bringing Neste’s whole renewable production capacity to 6.8mtpa.
Neste’s Rotterdam refinery has been operating since 2011.
For more information please visit EICDataStream.